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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Glenn McDougall who wrote (4413)	5/7/1998 2:52:00 AM
From: revbill	Respond to of 18016

May 6, 1998 OTTAWA SUN AT&T CALLS ON NEWBRIDGE By STUART McCARTHY -- Business Editor Newbridge Networks will supply millions of dollars worth of equipment for a massive AT&T network for major corporate clients. "It's pretty powerful stuff for Newbridge," company chairman and CEO Terry Matthews told the Sun of the announcement yesterday at the Networld+Interop trade show in Las Vegas. AT&T has already started deploying the network which will use a combination of equipment from Newbridge and Newbridge affiliate CrossKeys Systems. "This is a new offering based around Newbridge gear, offering global companies, typically (AT&T's) top 3,000 clients, the opportunity to have extremely flexible, adaptable, on demand, globally-managed services," Matthews said. "The client has the equivalent of a very large, flexible private network." AT&T will market the service to its global communications partners. Management centres will be built in Toronto; Durham, N.C.; Coral Gables, Fla.; Redditch, U.K.; Amsterdam; Singapore; Bangalore, India; and Shanghai, China. With a management centre in Toronto, it means AT&T Canada will leap ahead of Bell Canada, which just last week announced a $750 million national network it will run for corporate customers outside the Stentor Alliance. "It's not that other companies don't offer managed services and Bell Canada is an example, but not globally," Matthews said. Matthews said by virtue of AT&T's target list of corporate clients, each one becomes "clearly a large client" for Newbridge. "It's clearly a multi-million dollar relationship -- what those numbers end up being year-by-year are difficult to judge (and) at this early stage with a new service offering it's not easy to gauge," Matthews said. Meanwhile, Newbridge yesterday also announced the integration of DSL (digital subscriber line) capacity into its product line. DSL is high-speed technology currently used for very fast data access over standard phone lines. Matthews says tying DSL service into an asynchronous transfer mode (ATM) multimedia broadband network is a critical need for the coming LMCS (local multipoint communication service) or "wireless cable" networks. The service uses extremely high frequency ranges in the 28 Gigahertz band to deliver broadband services to a tiny antenna. "There are now a whole slew of service providers all licenced to operate in the 28 gigahertz spectrum," Matthews said. "Imagine targeting a tall building, say an apartment building ... and then throughout the infrastructure of the building you run ADSL piggybacked on top of the copper wire (of the telephone system)," Matthews said. "You don't have distance limitations and you don't have distribution problems because you use the embedded copper wire." Newbridge shares closed the day up $1.00 to $45.80 on the TSE.