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Technology Stocks : MONI - Marconi Nasdaq ADR -- Ignore unavailable to you. Want to Upgrade?

To: ms.smartest.person who wrote (17)	11/1/2000 1:34:58 AM
From: Carol M. Morse	Read Replies (2) \| Respond to of 129

Marconi wins $10 mln Telekom Malaysia deal By J.S. Dhaliwall KUALA LUMPUR, Nov 1 (Reuters) - British telecommunications equipment maker Marconi plc (LSE: MONI.L - news) has a won a $10 million contract to boost the bandwith capacity of state-owned phone company Telekom Malaysia's nationwide fibre-optic network. Marconi Malaysia Sdn Bhd managing director Giacomo Licata on Wednesday said the new contract was to install two new networks of its dense wave division multiplexing (DWDM) technology running the length of Peninsula Malaysia. "Telekom Malaysia is our first Asian customer of the new DWDM technology which will allow Telekom to increase its bandwith capacity many times over especially for its growing Internet traffic," Licata told Reuters. The DWDM technology multiplies the carrying capacity of each optical fibre strand by splitting light into dozens of separate wavelengths. Each wavelength can carry digital data at very high rates. OPERATORS SEEN BOOSTING BANDWITH "With the economy expanding and the government's push to boost information and communication technology, demand for multimedia data will grow," he said. Licata said once more and more consumers started to push for faster transmission of multimedia data, telephone operators will be rushing to boost their bandwith capacity. Apart from Telekom, Malaysia has four other telephony operators which offer a range of services from fixed line to mobile and data transmission. But, Telekom controls about 97 percent of the country's fixed line market share, 19 percent of the mobile phone market and about 65 percent of the Internet access business. Late last year, Marconi won a $60 million three-year contract to install a high-speed synchronous digital hierarchy (SDH) network for Telekom. SDH is an international standard on data transmission. "We have captured more than about 30 percent of the global demand for SDH which makes us the largest supplier," Licata said. This was made possible, he said, as Marconi focused on broadband networks and was not burdened by legacy networks affecting some European telecoms equipment makers. Marconi shares closed in London at 861 pence on Tuesday while Telekom was up 10 cents to 11.80 ringgit at 0333 GMT. ($1=3.80 ringgit)