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To: Frank A. Coluccio who wrote (1331)	7/14/1999 2:43:00 PM
From: MangoBoy	Read Replies (2) \| Respond to of 15615

[Worldwide Fiber Inc. Signs $630 Million Dollar Contract With Tyco Submarine Systems Ltd. as Supplier for Undersea Cable System Network] --Hibernia, a 12,200 Kilometer Trans-Atlantic Project, Will Connect North America and Europe-- VANCOUVER, British Columbia--(BUSINESS WIRE)--July 14, 1999--Worldwide Fiber Inc. today announced that it had signed the previously announced $630 million US dollar supply contract for the Hibernia with Tyco Submarine Systems Ltd. ("TSSL"). Larry Olsen, Vice Chairman and Chief Financial Officer of Worldwide Fiber Inc. stated, "Hibernia is to provide an undersea cable system link which will be installed by TSSL and will have landing points in Halifax, Canada; Boston, USA; Dublin, Ireland; and Liverpool, England, and will interconnect with our existing North American terrestrial longhaul backbone network. Hibernia represents a unique opportunity to connect our own US network to future European customers. Our US network is currently anticipated to reach approximately 18,000 route miles by the end of 2000. Hibernia is scheduled for completion in Quarter 1, 2001. An important element in our overall strategy is to add value for customers purchasing fiber or capacity from us, and at the same time to extend our own retained North American network reach. The first step of our new bandwidth strategy was made public on June 7th 1999, when we announced that we would light our Network from Seattle to Toronto, via Vancouver, Chicago and Detroit. We are reviewing the timing and level of interest of potential equity participants from both the financial and telecommunications marketplace." Mr. Olsen added, "This supply contract with Tyco will have an initial value of $630 million US dollars. Hibernia will represent the first transatlantic subsea ring network structure in service, utilizing 32 wavelengths at 10 Gb/s per fiber pair. The 12,200-kilometer undersea cable system will utilize the most advanced Dense Wave Division Multiplexing (DWDM) fiber optic technology available. Hibernia will offer transparent optical channels on a switched protected ring in addition to a self-healing SDH ring network, with an initial capacity of 160 Gb/s on each segment. This system can be upgraded to a final capacity of 1.28 Tb/s on each segment, using DWDM technology on each fiber pair." Worldwide Fiber is a facilities based provider of technologically advanced, high-bandwidth fiber optic communications infrastructure. Over the last twelve years, Worldwide Fiber Inc. has designed, engineered, developed and constructed communications networks, first as the Ledcor Industries Ltd. Telecommunication division, and since May 1998, as a separate subsidiary. The Company is building an 18,000-mile North American fiber optic communications infrastructure and expects to complete the development of approximately 5,500 route miles in 1999 adding to its existing in ground network of approximately 5,000 miles. Worldwide Fiber Inc. is building a Network to meet the facilities requirements of communications carriers, Internet service providers, and corporations with enterprise network needs and to satisfy the increasing demand generated by high-bandwidth data, voice, and video communications. For more information on Worldwide Fiber please visit our website listed below. Worldwide Fiber: wwfiber.com or worldwidefiber.com.

To: Frank A. Coluccio who wrote (1331)	7/14/1999 2:53:00 PM
From: Robert Sheldon	Read Replies (1) \| Respond to of 15615

Robert, the LMDS/MMDS regions of the spectrum do not share the same levels of high susceptibility to atmospheric conditions Agreed. I am merely postulating that what was solved for MMDS/LMDS may have been successfully cleared by LU for other areas of spectrum. To increase the powers of lasers beyond these limits would be to introduce highly hazardous conditions to human eyesight. A company by the name of Cree Research (CREE) has successfully created a blue laser that can operate for up to two hours with a continuos stream. Apparently, this is not destructive as other laser ‘colors'. I am getting out of my realm of knowledge here . . . do you know anything about blue lasers and their effect (if any) on humans? By the way, the folks at CREE should make quite a bit of money if the are able to get their laser out into the real world (they have several other profitable products floating their spending for the time being). Folks like us will profit tremendously because blue increases the bandwidth available multi-fold in a fiber strand (GBLX would use the enabled equipment to further drive down costs and increase market share). . . this will also hasten the demise of the RBOCs. CREE has been backed by the US government as well as venture capital.