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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (32537)	2/25/2000 5:58:00 AM
From: Zoltan!	Respond to of 77400

>>I think we'll all take the 2-day pricing here and be happy. Yes, and considering that QCOM lost about half its similar gain. The Wall Street Journal Interactive Edition -- February 25, 2000 Deutsche Telekom, Lucent, Cisco Team Up for Network Expansion HANDELSBLATT INTERAKTIV handelsblatt.de Deutsche Telekom AG said Thursday that it had chosen U.S. groups Lucent Technologies and Cisco Systems as technology partners in the expansion of its data network. The investment volume totals more than one billion marks ($507.7 million or 511.3 million), Telekom added in its announcement at the Cebit fair in Hannover. Lucent said its share of the order was worth several hundred million marks. The first development phase of the new data network will be handed to Telekom before the end of February, as had been agreed. The entire project will be completed by the end of 2002. The new network will work at transmission speeds of 2.5 and 10 gigabits per second. Next year, the transmission speed is to be increased to 40 gbps on one channel. English Summary Home English Summary Archive Handelsblatt Interaktiv in German Financial Markets in German The head of Lucent's central European operations, Hans Huber, described the Telekom order as strategically important for his group. In Germany and in Europe, Lucent is advancing at rapid tempo, Mr. Huber said. Telekom will present its Gigabit-Wissenschafts-Netz at the end of February. This partial network, with a transmission speed of 2.5 gbps, will link up around 700 German research institutes and universities. "With an investment volume of more than one billion marks, we are building a true fast-track system for Internet communication," Telekom's head of technology, Gerd Tenzer, said in Hannover. To push forward its development, Telekom formed a strategic partnership with Cisco Systems, signing an agreement on Tuesday, Mr. Tenzer said. Cisco will give Telekom technology with capabilities beyond pure data transmission, to highly complex applications, such as multimedia or quality-assured Internet transmission. Mr. Tenzer said the Telekom broadband application will be continually expanded. Telekom's T-DSL service will be available by the end of 2000 in 220 local networks. "This means that we will be covering around 17 million German households," he said. Clients will use a ISDN channel for transmission, receiving on a broadband basis via satellite. interactive.wsj.com handelsblatt.de