Hi pass pass, here's another one: Giant Loop. They're doing some things lately that give them the appearance of being a serious play. The other day they cut a deal with NT for a boatload of WDM equipment. Today, they tell how they are going to use those WDMs:
From Converge Digest:
---
360NETWORKS SIGNS GIANTLOOP FOR BANDWIDTH CAPACITY
360networks will be GiantLoop Networks' preferred provider of North American and transatlantic broadband network services.
The company also acquired a minority interest in GiantLoop, which plans to offer managed optical services to large enterprises. 360networks.com
360networks, January 4, 2001
GiantLoop Network is deploying Nortel Networks' OPTera Metro 5200 Multiservice Platforms. The one-year agreement with Nortel Networks is valued at up to US$50 million..
Giant Loop was co-founded by Mark Ward, formerly VP of Global Marketing and Professional Services at EMC Corporation; Chris Riley, previously President of Comdisco's Network Services Division; and Randy Seidl, formerly Chairman and CEO of Workgroup Solutions LLC, an open systems integration and services company.
The company has received $40 million in funding from Greylock, Roger Marino (one of the founders of EMC Corporation) and Optical Ventures LLC, among others. GiantLoop is headquartered in Waltham, Mass.
------------end snip
The question could also be stated, will these startups crash the Bells' parties, or will they themselves crash and burn? Very likely, some of them will be taken out by the ILECs, just as MFNX, who is the largest of the new breed, has been funded in part by VZ. Well, that's not exactly being taken out, yet. Some are still waiting for the other shoe to drop on that one.
FAC
ps - I know it's DWDM. But dense is a relative quality. What's dense today is not so dense tomorrow. It's still WDM to me. |
