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Technology Stocks : Marconi Corporation Plc. (OTC BB foreign: MRCQY) -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (18)	8/23/2000 4:04:17 AM
From: ms.smartest.person	Respond to of 44

Marconi Wins Contract to Provide Broadband Access Solution for German Carrier 14 August 2000 -------------------------------------------------------------------------------- Marconi (LONDON: MNI), a global supplier of advanced communications solutions, announced today that it has been selected to provide and install network access equipment for German carrier tesion Communikationsnetze Südwest. The project will cover 60 major distribution sites in the German state of Baden-Württemberg. The installation is the first stage in tesion's national network roll-out and forms part of a frame contract initially worth over £3 million (DM10 million). As tesion's network continues to expand, the contract could be worth over £13 million (DM40 million) a year for several years. The installations follow successful trials of Marconi's combined optical fibre and ADSL-based AON (Active Optical Network) solutions in the cities of Stuttgart, Biberach, and Ravensburg. The Marconi-developed technology will allow tesion to provide voice and high-speed Internet and data services to private and business customers in the cities of Mannheim, Karlsruhe, Freiburg and Heilbronn. tesion's ATM overlay network will also offer customers ISDN services and 155Mbit/s data links. By providing ADSL (Asymmetric Digital Subscriber Line) compatibility, Marconi will give tesion the option of using traditional copper as the final link for high-speed Internet access to its customers. Because of recent deregulation in the German telecommunications industry, alternative operators like tesion are able to share Deutsche Telekom's copper access loop to hook up its customers and to place their network equipment in Deutsche Telekom's exchanges. Commenting at the signing of the contract, tesion technical director, Thomas Rehberg, said: "We had seen the quality of Marconi's technology from its previous work on our Baden-Württemberg SDH backbone and we knew we needed the same quality assurances for the nationwide roll-out of our access network. The competition couldn't hit our supply deadlines and with Marconi Services' project management skills we are confident that we will be able to meet the service demands of our new customers." Peter Brown, President of EMEA, Marconi Communications, said: "Our access equipment will enable tesion to provide competitive voice and data services, and bring them to market quickly. Our on-the-ground capabilities, following the successful integration of the public networks division of Bosch Telecom, acquired in January of this year, were instrumental in winning this order, which is also one of the first contracts in Germany involving Marconi technology developed elsewhere in the group." Marconi Services will be carrying out installation of the network and will also handle all project management. Marconi plc is a global communications and IT company, with 49,000 employees world-wide and sales in over 100 countries. It supplies advanced communications solutions and the key technologies and services for the Internet. Note to Editors: About tesion tesion Communikationsnetze Südwest GmbH is the leading alternative provider of Telecommunications services in the German state of Baden-Württemberg. tesion offers a wide range of voice, data and Internet services and will begin operating a network across the whole of Germany in September of this year. tesion is jointly owned by Baden-Württemberg energy supplier EnBW AG and Swisscom AG and has some 400 employees in five locations. marconi.com