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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.22+0.1%Nov 24 3:59 PM EST

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To: Nichols who wrote (30013)12/6/1999 2:33:00 PM
From: Zoltan!  Read Replies (1) of 77400
 
Dow Jones Newswires -- December 6, 1999
DJ Cisco To Build Backbone Network For Philippine Telephone

NEW YORK (Dow Jones)--Cisco Systems Inc. (CSCO) agreed to provide equipment to Philippine Long Distance Telephone Co., a large Asian telecommunications company, to upgrade its infrastructure and develop a new backbone network.

Financial terms weren't disclosed.

In a press release Monday, Cisco Systems said its Fujitsu Philippines Inc. partner will deploy switches, multiservice-access concentrators and remote-access servers for the new OC-12 network.

The network will allow Philippine Long Distance to offer integrated data, voice and video services, Cisco Systems said.

Cisco Systems, a maker of equipment and software for computer networks, said its multiservice switching technology enables Internet protocol to run over frame relay or asynchronous transfer mode, known as ATM, systems.
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