To: Tim Luke who wrote (3989 ) 10/21/1998 4:55:00 PM From: Glenn Respond to of 7247
Cool as a fool in a pool. Thanks Tim. I just got this from the WSJ. This is more of the technology that the networks seem to be after. With Bell Atlantic signing up, could Lucent find Ascend more attractive? NEW YORK -- Ascend Communications Inc. (ASND) received a contract from Bell Atlantic Inc. (BEL) to supply Asynchronous Transfer Mode, or ATM, core and multiservice switching technology in order to combine data, voice and video services over a single network. Financial terms weren't disclosed. In a press release Wednesday, Ascend Communications said it will provide "key elements" of Bell Atlantic's long-distance network, which began construction in July. Deployment of services over this network is subject to regulatory approvals, the first of which are expected to be received in the first quarter of 1999, Ascend said. Ascend said its equipment will enable Bell Atlantic to interconnect with other carriers in its service region and around the world to offer customers "a seamless integration of local and long-distance data communications." The new Bell Atlantic network will be able to support services such as virtual private networks, work-at-home and audio and video streaming over the World Wide Web, Ascend said. The network will provide high-speed transport services, platform services like Internet access and backbone transport and a range of applications, such as Intranet/Extranets, electronic commerce and video conferencing. The Bell Atlantic network is based on Ascend's GX 550 "Smart" Core and CBX 500 ATM switches. Bell Atlantic will deploy the GX 550 switches at a series of hub locations in major markets throughout its region including New York, Philadelphia, Washington and Boston. The switches will be activated as soon as the company receives permission to enter the long-distance business, Ascend said.