Thread- Another interesting PR out of Lucent. Interesting because Dreamline is the cause of Paradyne's(sym:PDYN) recent major implosion. Paradyne blamed their problems on cutbacks by their vendors. This seems to be a familiar pattern with equipment makers who are forced to warn-- Blame it on an industry wide slowdown. In this case, it appears they may be incorrect and it's simply a matter of Dreamline re-distributing their cap ex spending to another part of the network. In this case, apparently the backbone. Nonetheless, when PDYN warned, it hit a lot of DSL equipment companies with it.
On a similar note, I was impressed that Harmonic(sym:HLIT) didn't blame last night's implosion news on an industry wide slowdown. I have not heard this directly from their CC, but from reading some comments posted on the web. I have to listen to the replay to see if this is the case.
As some may recall, when HLIT first warned about four months ago, they blamed it on ATT spending reductions. So this took down a lot of ATT vendors. And this turned out to be incorrect. So maybe HLIT got so much flack from their competitors and investors, that this time they are playing it straight and not blaming their problems on an industry wide slowdown. -MikeM(From Florida)
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Lucent Technologies to supply optical networking systems for Dreamline's broadband Internet service
FOR RELEASE MONDAY OCTOBER 02, 2000
SEOUL, KOREA --- Lucent Technologies (NYSE: LU) today announced it won a contract with Dreamline -- one of the leading broadband Internet service providers in Korea - to help build an advanced, high-speed optical Internet network for its customers.
Dreamline will use Lucent's dense wave division multiplexing (DWDM) system that expands network capacity by simultaneously transmitting multiple wavelengths of light across a single fiber strand. Lucent's WaveStarâ„¢ OLS 400G has a maximum capacity of 400 gigabits per second (Gb/s), and will enable Dreamline's network to transmit approximately 80 million, one-page e-mails per second.
"Our customers' demand for high-speed Internet is dramatically increasing, and deploying DWDM technology is the only way to offer them the reliable, high-bandwidth service they need," said Mr. Kim, II Hwan, president of Dreamline. "Lucent's DWDM systems will help us provide best-in class broadband services for our customers."
Enhanced nationwide high-speed Internet service for Dreamline's subscribers will be available in late December, 2000. |