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Technology Stocks : Visual Networks (VNWK)
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To: DD™ who started this subject1/29/2003 8:16:56 PM
From: Byron Angel   of 367
 
Equant reports

Equant has reported its Q4 and 2002 results. Quoting from Equant's press release, "2002 was a year of solid achievement for Equant. We saw a seasonal improvement in the fourth quarter with our order intake for Network Services increasing 19 percent from the levels of the preceding three-quarters. Despite generally weak economic conditions, we continued to win new customers and we saw signs of a more rational pricing environment. During the fourth quarter, Equant signed 27 contracts from major international corporations each valued at more than one million dollars. Revenue growth from IP (Internet Protocol) was strong. Looking ahead into 2003, we have now established a leadership position in global IP VPNs, the essential service for multinational corporate customers."

About Equant

Equant (NYSE: ENT) is a recognized industry leader in global data and IP network and integration services for multinational businesses. The Equant network has unmatched seamless global reach, connecting key business centers in 220 countries and territories, with local support in 191 countries and territories. Building on more than 50 years of experience in data communications, Equant serves thousands of the world's top companies with the industry's most extensive portfolio of managed network services, including the market-leading IP VPN used by more than 700 global businesses as of December 31, 2002.
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Equant uses Visual Uptime for the performance management of its IP VPN network.

visualnetworks.com
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