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To: Robert Sheldon who wrote (2646)	10/13/1999 5:58:00 PM
From: Mazman	Respond to of 15615

Alcatel grabs undersea cable contracts By Bloomberg News Special to CNET News.com October 13, 1999, 2:10 p.m. PT GENEVA--European phone equipment provider Alcatel said it won contracts to deliver cables and switching equipment worth about $900 million, people familiar with the transactions said. The company will provide and install two transatlantic telecommunications cables for Flag Atlantic, a joint venture between Flag Telecom and Global TeleSystems Group. The value is in excess of $500 million, people familiar said. It will also sell switching equipment to France Telecom in a deal worth as much as $377 million, sources said. Flag Telecom and Alcatel officials declined to comment. France Telecom officials didn't return calls. Alcatel is focusing on supplying equipment to companies which provide business and residential customers with Internet access and data transmission to make up for slowing sales in traditional phone gear. It's also investing in its cable unit, saying last week that it will buy two cable ships for $80 million to meet the growing demand for undersea fiber-optic networks. Alcatel will supply France Telecom with a switching and routing system called the Alcatel 1000 MM for the national phone firm's domestic and international operations. The 1000 system permits faster switching and routing of voice and data traffic, helping Europe's second-largest phone company vie for Internet and multimedia customers. Phone companies are upgrading their systems as they face increasing competition from cable companies that are starting to offer telephone, TV, and Internet services via cable. Bermuda-based Flag Telecom provides capacity for other telecommunications companies and service providers. McLean, Virginia-based Global TeleSystems is a phone company backed by billionaire George Soros.

To: Robert Sheldon who wrote (2646)	10/13/1999 6:02:00 PM
From: Mazman	Read Replies (1) \| Respond to of 15615

Oceans of Fiber Teleglobe bumps transoceanic capacity, signs capacity agreement, signs on for Pacific cable By Kate Gerwig, tele.com Teleglobe Communications Corp. (Reston, Va.) will increase its undersea capacity on Atlantic and Asia-Pacific transoceanic routes in hopes of reselling the additional bandwidth to other carrier, the global service provider announced today at Telecom 99. When the cables are completed, Teleglobe plans to resell STM-1s (155 M/bps) and optical wavelengths of up to 10 Gigabits per second to other service providers and Internet Service Providers (ISPs). While FLAG Telecom (Hamilton, Bermuda) and Global TeleSystems Group Inc. (GTS, McLean, Va.) announced their anticipated 50/50 terabit dual cable system connecting London, Paris and New York, Teleglobe confirmed it will buy capacity on the transatlantic system as well. The news of increased transoceanic cable capacity came as good news to Concert CEO David Dorman, who told the Telecom 99 News Service if he can buy wholesale capacity from another service provider at increasingly competitive rates, he sees no reason to build a network himself. As part of its GlobeSystem network expansion plan, also announced today, Teleglobe said it will be one of three founding partners in the first undersea cable project to connect Japan and Australia. The Australia-Japan cable is scheduled for completion in mid-2001. Teleglobe will build the cable with Australia's Telstra Corp. and Japan Telecom Co. Ltd. Initial transmission rates on the cable will be 320 gigabits per fiber pair. The two-pair cable network will use dense wave division multiplexing t that will give it 500 times the capacity of all existing cables connecting Australia to Asia and North America, according to Andrew Burroughts, Teleglobe vice president of global marketing and product management. Also looking to serve the Internet content provider and content distributor markets, Teleglobe is increasing its colocation facilities in seven locations around the globe -- London, Los Angeles, Manchester (U.K.), New York, Palo Also, Calif., Toronto and Vancouver. Several service providers have announced plans to build global data centers in an effort to cut down on the amount of content pulled from servers located in the U.S. rather than more geographically distributed. Teleglobe's New York data center is scheduled to open in the first quarter of 2000. Some of Teleglobe's Internet content customers include Akamai, RealNetworks and iBEAM Broadcasting.