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

To: SJS who wrote (7656)	10/25/2000 7:58:11 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 14638

SBC Comm. said that excluding Pronto capex will be flat, however with Pronto way up. It is important to realize that will be significant decrease in capex for older technology, so even if specific carrier see flat capex, it will mean big boost to IP, ATM and optical technology. In Europe carrier are 18 months behind US, so they have to spend more. Brazil announces Internet access project Brazil's government announced an initiative Tuesday by the Science and Technology Ministry to increase Internet users from the existing eight million to 36 million by the end of 2003, Agencia Folha (Brazil) reported. One of the goals is to connect 73,000 schools to the Internet. To encourage Internet access for a wider audience, the government also plans to install Internet kiosks throughout the country. Expected investment is $17.6 billion, of which $260,000 forms part of the Science and Technology Ministry's budget. The rest of the capital will come from the private sector and non-profit organizations. cnnfn.cnn.com