To: 007 who wrote (2990 ) 10/26/1999 1:02:00 AM From: 007 Respond to of 6531
biz.yahoo.com Monday October 25, 11:58 pm Eastern Time Cisco announces effort to set wireless standard By Duncan Martell PALO ALTO, Calif., Oct. 25 (Reuters) - Cisco Systems Inc., the world's largest maker of computer networking equipment, on Tuesday plans to announce it will work with 10 high-tech companies in the hopes of setting as a standard a new way of transmitting data wirelessly at high-speeds. Currently, high-speed wireless data transmission is spotty at best in urban areas, where buildings and other structures get in the way of transmission sites and cause dropped signals and data. But Cisco said that, because of an acquisition it made almost a year ago, the company has solved that problem. 'This is technology that allows you to get to sites you couldn't before,' said Steve Smith, director of broadband wireless marketing for San Jose, Calif.-based Cisco (NasdaqNM:CSCO - news). Cisco will team up with Bechtel Telecommunications, a unit of closely held Bechtel Construction, networking chipmaker Broadcom Corp. (NasdaqNM:BRCM - news), computer services firm Electronic Data Systems Corp. (NYSE:EDS - news), accounting and consulting firm KPMG LLP, telecommunications firm LCC International, Motorola Inc. (NYSE:MOT - news), Pace Micro Technology Plc, electronics giant Samsung , chipmaker Texas Instruments Inc. (NYSE:TXN - news) and a unit of conglomerate Toshiba . Cisco said that, as a result of technology it acquired in November with its acquisition of Clarity Wireless Inc., two-way data, voice and video communications via the air are possible to both home and businesses at speeds comparable to some cable modems and DSL services. 'The only way to really make the resources of the Internet available to everyone will be by also using wireless technologies,' said Bob Egan, research director for mobile and wireless at market researcher Gartner Group. Egan forecasts that by 2003 the market for this type of wireless equipment in Canada and the United States will reach $1.5 billion. Estimates from brokerage firm CIBC World Markets pegs the worldwide market at as much as $4 billion by 2004. Cisco is already the dominant company in networking and is increasingly coming up against new rivals Lucent Technologies Inc. (NYSE:LU - news) and Nortel Networks Corp. (Toronto:NT.TO - news) of Canada as the three firms race to sell next-generation communications equipment to firms such as AT&T Corp. (NYSE:T - news), MCI WorldCom Inc. (NasdaqNM:WCOM - news) and others. Cisco's Smith said that the goal is to make the technology available to as many companies as possible, including competitors so that the industry adopts a standard. 'It's not our desire to stop competitors from getting this technology, it's our goal to set this as the standard and get things rolling,' Smith said. Products will be available by year's end, Smith said. That won't necessary be a cakewalk, though. Egan noted the technological hurdles are high and that the gear needed to send signals via multiple paths to their destinations will need powerful software and computing power. 'The cisco solution today is going to require a lot of horsepower behind it, but if they can overcome the challenges of the technology, then it has the potential to bring some significant new benefits,' Egan said. M. Solum