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To: clutterer who wrote (18466)	11/12/1998 10:01:00 AM
From: Jenna	Respond to of 120523

Ciena To Supply Multiplexers To Cable & Wireless TV, Phone Unit LINTHICUM, Md. -(Dow Jones)- Telecommunications-equipment maker Ciena Corp. Thursday said it received a $16 million order to supply equipment to Cable & Wireless Communications PLC, the 54%-owned cable television and telephone unit of Britain's Cable& Wireless PLC. C&W Communications (CWZ) will use Ciena's MultiWave Sentry 4000 multiplexers, which Ciena says increases the potential capacity of a single fiber by 40 times, enabling more than 1.2 million voice/Internet connections at a fraction of the cost of deploying new fiber. C&W plans to use the equipment for deployment in its network in early 1999, it said. Many analysts feel Ciena won't be able to survive as a stand-alone, especially as competition pressures prices for telecom gear. Some observers say Ciena's multiplexers would be a nice complement to Cisco Systems Inc.'s (CSCO) routers, which are the most popular tools that companies and Internet-service providers use to manage electronic traffic in computer networks. About 85% of the routers used to decipher and direct data traffic on the Internet are made by Cisco. Ciena (CIEN) has downplayed rampant speculation that it is actively seeking a buyer and recently warned potential suitors about hostile takeover attempts. The chief executive of Ciena's former merger partner, Tellabs Inc. (TLAB), recently made comments that some say suggested the companies might revive their failed marriage plans. The two telecom-equipment makers called off their once-celebrated merger deal after a series of blows to Ciena made the terms untenable. Ciena supplies the big phone companies with equipment that boosts the capacity of fiber-optic networks. Tellabs makes "digital cross-connect" switches that help phone companies and other corporations manage traffic on high-speed data networks. The Ciena merger, announced in June, ran into trouble after Ciena lost out on two big contracts and issued a profit warning. The value of the merger, pegged at $6.9 billion when it was unveiled, had been nearly halved after the companies reworked the deal and investors continued to unload Ciena stock. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved.