SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Condor who wrote (4699)6/5/2000 12:11:00 PM
From: russet   of 5053
 
Forbes says Nortel's Elastic spinoff stretches DSL

Nortel Networks Corp NT
Shares issued 1,354,467,391 Jun 2 close $89.00
Mon 5 Jun 2000 In the News
Forbes magazine reports in its May 22 edition that Nortel Networks spinoff
Elastic Networks sells the new digital subscriber line (DSL) scheme called
EtherLoop, which sends data farther and often faster than services offered
by Bell Labs. Forbes writer Bruce Upbin says since Bell debuted its DSL
technology a decade ago, the company has promised a cheap and easy way to
get high-speed access into homes and office. Its advantages, such as being
compatible with copper wires, has serious technical glitches, and fixing
them could be big business. One problem is "spectrum incompatibility" among
myriad broadband designs -- T1, ISDN and nine or so flavours of DSL. The
result can be interference. Elastic chief executive Guy Gill says spectrum
incompatibility is a problem that is building steadily. Mr. Gill, a 23-year
Nortel veteran, has set his sights on modest but accommodating markets --
hotel chains, apartment complexes and rural carriers that have not yet
offered DSL. Elastic expects $40-million (U.S.) in sales this year. Nortel
owns more than half of Elastic.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News