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Technology Stocks : Redback Networks, Inc. (RBAK) -- Ignore unavailable to you. Want to Upgrade?

To: Yamakita who wrote (1438)	6/22/2000 10:16:00 AM
From: MarkR37	Read Replies (1) \| Respond to of 1956

AsiaInfo, Redback form pact for service in China NEW YORK, June 20 (Reuters) - Redback Networks Inc. (NASDAQ: RBAK) and Internet infrastructure company AsiaInfo Holdings Inc. (NASDAQ: ASIA) said Tuesday they formed a strategic alliance that will speed and simplify the introduction of broadband services throughout China. As part of the alliance, networking firm Redback will integrate its Subscriber Management System with AsiaInfo's customer management and billing software. Together these products will offer carriers, Internet service providers and cable operators in China a product that enables them to acquire and manage broadband subscribers and to speed up broadband providers' ability to introduce and test new services for consumers. Shares of AsiaInfo rose 2-11/16 at 47-3/16 while shares of Redback dipped 1-1/2 to 134-13/16 in early trading.