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Technology Stocks : Tekelec

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From: KEN G	9/16/2003 12:29:57 PM
	of 1648

Yak Commun Unit Buys SanteraOne Switch From Tekelec DOW JONES NEWSWIRES TORONTO -- Yak Communications (USA) Inc.'s (YAKC) Yak Communications (Canada) Inc. unit has acquired a SanteraOne next-generation switch from Tekelec (TKLC) for an undislcosed amount. In a news release, Yak said the switch will deliver both local (Class 5) and long-distance (Class 4) next-generation voice services to subscribers. Yak said it plans to migrate existing local and long distance service from four legacy switches onto a single 40,000-port switch, expandable to 100,000 ports. As a result, the company said it expects a significant operational savings of about 70%. Yak provides international long distance discount services to business and residential customers. Tekelec develops telecommunications signaling and switching solutions, packet-telephony infrastructure, network monitoring technology, and value-added applications.

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