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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (6615)	8/23/2000 9:33:39 AM
From: stock_bull69	Read Replies (1) \| Respond to of 14638

Nortel, Fiberworks get on the metro Fiberworks to deploy Nortel’s OPTera Metro products LIANE H. LABARBA As more and more equipment rollouts continue in the metropolitan access networks, Nortel appears to have bagged another one. An Atlanta-based carrier’s carrier, Fiberworks, plans to deploy Nortel’s OPTera Metro equipment in the Atlanta and Charlotte, N.C. metro markets this year and in 13 other cities by the end of 2002. The three-year agreement is estimated to be worth around $60 million. “What’s different is that Fiberworks is going from desktop to desktop, whereas most others are just going building to building,” said Vivian Hudson, vice president of optical networks for Nortel Networks. “This is really indicative of the growing trend for access providers to go right into the big office buildings,” Hudson said. Fiberworks intends to offer IP-based access and transport services to its carrier customers by interconnecting fiber optic rings to the variety of other providers such as CLECs, ISPs, IXCs in the metro areas. “They are very IP-focused,” said Hudson of Fiberworks’ strategy. Nortel holds a 71.1% market share in the DWDM metro space, according to the Dell’Oro Group. Steve