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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (74)	10/6/1998 12:08:00 PM
From: Steve Fancy	Respond to of 3891

Alcatel and Fujitsu Land US$800 Million Contract for a Transpacific Network BusinessWire, Tuesday, October 06, 1998 at 11:54 PARIS--(BUSINESS WIRE)--Oct. 6, 1998--Alcatel and Fujitsu have been awarded the supply contract for the US$800 million transpacific Southern Cross Cable Network, the largest and most direct cable link between Australasia and the United States. The contract, signed in Wellington, New Zealand, was awarded by the sponsors of the network : Telecom New Zealand, Optus and WorldCom. Alcatel will be responsible for the major part of the total contract and will be supplying undersea electronics, the cable, and all terminal equipment in the landing stations, including the SDH transmission network equipment and the end-to-end network management system, for the 29,000 km project. The network will be the longest self-restoring fibre optic network to cross the Pacific and will connect the USA, Hawaii, Fiji, New Zealand and Australia. The first phase, linking Australia and New Zealand via Hawaii to the United States, will be completed by end 1999 with the second phase linking the US back to Australia via Hawaii and Fiji due for completion in the year 2000. The dual cable system will use wavelength-division multiplexing (WDM) and will give an initial minimum capacity of 40 Gbit/s on each fibre pair. At least three fibre pairs will be equipped making Southern Cross the largest capacity network in commercial operation when it starts carrying traffic. Christian Reinaudo, president of Alcatel's submarine networks business said, "We are delighted that, once again, we shall be associated with supplying leading technological solutions to help meet the continuing growing demands for data transmission capacity. The first phase of Southern Cross will be the first implementation of an undersea system that has been designed from the outset to operate over 16 wavelengths and the whole network is scheduled for completion in time for the Sydney Olympics!" A world leader in telecommunications systems and equipment, as well as related cables and components activities, Alcatel operates in over 130 countries. Alcatel provides complete solutions and services to operators, service providers, enterprises and consumers, ranging from backbone networks to user terminals. For more information, visit Alcatel on Internet : alcatel.com. CONTACT: Press office: Alcatel Corporate Pascale Strubel Tel.: 33 (0)1 40 76 12 69 pascale.strubel@alcatel.fr or Alcatel Submarine Networks Lesley Hepden Tel. : 44 (0)181 293 2413 lesley.hepden@asn.alcatel.co.uk or Investors relations: Claire Pedini Tel : 33.(0)1 40 76 13 93 Claire.pedini@alcatel.fr KEYWORD: NEW YORK INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1998, Business Wire

To: Steve Fancy who wrote (74)	10/6/1998 12:19:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

France Telecom, IBM in low-cost Internet access plan Reuters, Tuesday, October 06, 1998 at 12:09 NEW YORK, Oct 6 (Reuters) - France Telecom (SBF:FTE) and IBM (NYSE:IBM) said on Tuesday they had teamed up to develop software that will offer a low-cost means of connecting to the Internet with a new generation of phones instead of personal computers. In a statement released in Paris, the two companies said they had formed a partnership to spur development of new types of low-cost Internet access devices and that they plan to market the technology worldwide, especially in countries where PC costs have been a barrier to widespread Internet adoption. Initially, the partners said, they plan to develop the new network software system for use in France, building on the country's established Minitel network, an online and electronic commerce network developed in the early 1980s that was a predeccessor to the development of the commercial Internet. The system will provide Internet access to consumers and businesses via so-called screen phones, which combine voice and text communications, and other devices, in a bid to make France one of the leading markets for electronic commerce services. The effort will run over a centrally managed network that allows users simple and quick access, based on a system of easy-to-navigate software menus, from any device connected to the network, the statement said. In the future, these devices could be embedded into a variety of consumer equipment, such as cars, television sets and other products, the companies said. The system will be based on open Internet software standards to ensure that the system can work in markets worldwide, running over hardware devices from a range of manufacturers, the companies said. Copyright 1998, Reuters News Service