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Technology Stocks : Ascend Communications (ASND)
ASND 212.00-0.6%Dec 16 3:59 PM EST

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To: Finder who wrote (58075)12/15/1998 10:02:00 AM
From: w2j2  Read Replies (2) of 61433
 
I thought MCI/WCM was an Ascend customer. Why did we lose this?

SAN JOSE, Calif.--(BUSINESS WIRE)--Dec. 15, 1998--Cisco Systems,
Inc. (NASDAQ:CSCO) today announced a two-year agreement with MCI
WorldCom to provide advanced Asynchronous Transfer Mode (ATM)
equipment designed to enhance the leading service provider's network
edge.
MCI WorldCom plans to deploy Cisco BPX(R) 8600 series wide-area
switches and Cisco MGX 8220 edge concentrators to enhance its network
edge capability. With Cisco's industry-leading IP+ATM solutions
deployed out to the network edge, MCI WorldCom is positioned to offer
advanced services that are Web-based, network-enabled and give
customers greater control of their communications experience.
"We're pleased to be working with Cisco which has played an
important role in the development of our ever-expanding worldwide
network," said Ron Beaumont, president, MCI WorldCom Operations and
Technology. "Cisco shares our commitment to customers and our vision
for meeting the explosive demand for IP-based applications that is
driving much of our growth."
Service providers have identified the network edge as the
strategic position from which to deploy new services, because the edge
is where service providers directly interface with their enterprise
customers' networking environments. With the rapid growth of IP-based
applications, service providers are seeking solutions that enable them
to meet the demand for IP-based services and deploy differentiated
offerings from the network edge.
"The majority of the traffic on service provider ATM networks is
IP based," said Don Listwin, executive vice president of Cisco
Systems. "MCI WorldCom recognizes this trend and has selected Cisco's
IP+ATM strategy to enable its vision of the Internet economy."
The Cisco BPX 8600 series wide-area switch is a standards-based
ATM switch that supports broadband, IP+ATM, and broadband/narrowband
service delivery. The BPX 8600 series integrates cleanly with OSS
infrastructures, offering carrier-class reliability, industry-leading
port density and the industry's highest IP scalability.
The MGX(TM) 8220 edge concentrator concentrates narrowband
traffic for the Cisco BPX 8600 series and LS 1010 switches, Cisco 7500
series routers and other vendors' ATM switches. Standards-based and
designed for carrier-class environments, the MGX 8220 offers
leading-edge narrowband service deployment.

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