[ Dow ] Pat,
When you talk about the news hitting the Dow What Newswire are you talking about ????
This UPI was out this morning around 10:09 AM EST.
Ray
SAN JOSE, Calif., April 7 (UPI) -- Amati Communications Corp. announced Monday a strategic partnership with Sumitomo Corp. for distribution of its Asymmetrical Digital Subscriber Line (ADSL) products in Japan. The San Jose-based company said the partnership is focused on accelerating the deployment of advanced communications services over existing telephone lines; a major initiative for Japan for the multimedia age. Sumitomo said the rapid growth of the Internet in Japan has caused increased demands for high-speed data transmission. ADSL is seen as a viable solution as it allows broadband access over existing telephone lines, permitting telephone operators to offer services to their customers such as high speed access to the Internet, networked multimedia, work from home and ATM to the home. In the U.S., Amati said ADSL is being acclaimed as one of the most promising technologies for high-speed Internet access. Amati is also the developer of Discrete Multi-Tone (DMT) technology, which is the only ADSL line code that has been adopted by the worldwide ETSI and ANSI standards organizations. Amati has licensed its DMT technology to companies including Nortel and Motorola. With the advent of mass-market economies, low-cost chipset releases, and other factors, Amati said the price of ADSL products is expected to fall dramatically. By the year 2000, more than $2 billion is expected to be spent on ADSL services. James Steenbergen, president and CEO of Amati, said, ``We look forward to playing a pivotal role in bringing high-speed ADSL services to the Japanese market.'' |