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To: Don Johnstone who wrote (5722)7/26/1998 10:28:00 AM
From: thebeach  Respond to of 18016
 
Thanks for the post Don,could NN getsome much needed press from this announcement?



To: Don Johnstone who wrote (5722)7/26/1998 10:53:00 AM
From: j g cordes  Read Replies (2) | Respond to of 18016
 
Where does NN fit in this purchase order opportunity? ".. AT&T and BT will combine their trans-border network investment programs and adopt a new common network architecture for the venture. This will accelerate the development and deployment of a new global platform linking the world's leading economic centers.

Based on IP technology, the new platform will initially carry voice and data at rates of 200 gigabits per second and will link 100 cities.

Among the business applications this new platform will make
possible are:

highly secure, global virtual Intranets and associated IP-based
applications; multimedia networks with point-to-point and multicast data, video and audio capabilities; a new system of global call centers providing 24- hour, multi-language customer support; new communications services to support the traveling executive and allow virtual meetings to take place with anyone, anywhere. "




To: Don Johnstone who wrote (5722)7/26/1998 4:54:00 PM
From: pat mudge  Respond to of 18016
 
Don --

That's the best post I've seen in months. Two points for finding it! Heck, I'll give you ten pts. Considering NN's contracts with both companies, this is really fantastic news. Some have indicated WorldCom's influence over MCI will dilute NN's presence there, and if that's the case, this more than makes up for it.

Operating profits are expected to be around $1 billion in the venture's first full year, growing at 15 percent to 20 percent a year. Capital expenditures are expected to be around $1 billion.

I like the "B" word.

In a related but separate development, AT&T and BT have agreed to invest a total of $1 billion, split equally between them, in U.S. businesses involved in high technology and emerging communications markets.

Sounds as though they'll be taking equity interests in selected technologies. This should solidify their partnership the same way Siemens and NN have done over the last few years.

Thanks for posting.

Pat