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

To: Peter Moss who wrote (5655)	7/22/1998 4:03:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 18016

If I were being paid to post news, I should be fired for missing this one: <<< TUESDAY JULY 21 1998ÿÿTelecomsÿ BT: National data network close to completion By Alan Cane in London British Telecommunications is expected shortly to announce that it is close to completing a national telecoms network designed specifically for data traffic. It is already developing the largest pan-European data network in conjunction with its European allies. The two together will comprise the world's most extensive and advanced data network. It will dwarf the networks being constructed by new rivals such as WorldCom or Esprit. The new UK network, based on 3.5m km of fibre optic cabling, been built in parallel with the existing national network. It will enable BT to offer an extensive range of business and domestic services and is expected greatly to increase BT's attractiveness to an alliance or merger partner. The UK company had been criticised for lagging behind other operators in installing the infrastructure needed to benefit from the explosive increase in data traffic. The surge in such traffic is a consequence of the popularity of the internet. Analysts think the point at which internet traffic will overtake conventional voice traffic is likely to be 2004. The new BT network combines conventional data transmission with the internet. All BT's top executives are already connected by telephones which transmit voice over the internet. Industry sources say BT has established 18,000 fibre "nodes" throughout the country. Nodes are points from which lines can be routed to customers' premises. It is thought that 85 per cent of UK businesses are now within 500 metres of a fibre node. The manufacturers supplying the key network components - Marconi Communications of the UK, Newbridge Networks of Canada and Cisco Systems - will share more than œ1bn ($1.65bn) of capital expenditure. Marconi Communications is expected to announce that it has been awarded contracts worth more than œ500m for the basic network technology. The UK company, formerly GPT before Siemens of Germany sold its minority stake to GEC in June, is a world leader in Synchronous Digital Hierarchy (SDH), a high capacity transmission technology which is "self healing" if faults occur. Some 2500 SDH systems are expected to be installed by the end of 2000. EXTERNAL LINKS>>>>