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To: mtnlady who wrote (33636)	10/23/2000 11:56:31 PM
From: mtnlady	Respond to of 54805

Nortel says optical market share reaches 43 percent biz.yahoo.com Friday September 29, 6:38 pm Eastern Time By Patrick White OTTAWA, Sept 29 (Reuters) - Canadian telecommunications equipment maker Nortel Networks Corp. (NYSE:NT - news) said on Friday it has a 43 percent share of the global optical transmission market, almost three times more than U.S. rival Lucent Technologies Inc. (NYSE:U - news) . The figure, which represents the company's market share for the second quarter of 2000, is a 6.4 percentage point increase from the first quarter, Nortel said. Rival Lucent's market share fell from 19 percent in the first quarter of this year to 15 percent in the second quarter 2000. The figures were provided by the Dell'Oro Group, said Don Smith, president of the optical Internet division at Nortel Networks. He declined to give the company's market share target for the year but said the optical division's revenue forecast of more than $10 billion is intact. Smith said Nortel was counting on its new high-performance ``Optera Connect HDX'' technology and growing demand worldwide from carriers for services such as video on demand. He pointed out that data bandwidth demand over the next four years was expected to increase by 100 to 200 times. ``The services will just keep evolving. We are scratching the surface. There is an ongoing demand for what we do. Imagine the impact and the need out there for bandwidth,'' Smith said.