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

To: zbyslaw owczarczyk who wrote (8612)	12/18/1998 10:13:00 AM
From: Roman	Respond to of 18016

I wonder what newbrdige is going to do with all that cash that they will have after recent sell off of its affiliates? Stock is up to 28 1/8.

To: zbyslaw owczarczyk who wrote (8612)	12/18/1998 10:13:00 AM
From: MD Bryant	Read Replies (1) \| Respond to of 18016

Nokia's version of events.... Nokia Acquires Vienna Systems Corporation Strengthens expertise in IP telephony (December 18, 1998) - Nokia announced today that it has signed a definitive agreement to acquire Vienna Systems, a privately held Internet Protocol (IP) telephony company, based in Kanata, Ontario, Canada, for a price of approximately USD 90 million. A recognized leader in the global IP telephony market, Vienna Systems designs and manufactures hardware and software products for the distribution of voice, fax and video communication over IP networks including intranets and the public Internet. Vienna Systems' customers range from alternate telecommunications service providers to multisite medium and large enterprises. The company's products will continue to be available through existing distribution channels, including a collaborative sales and marketing relationship with Newbridge Networks. Pekka Ala-Pietilä, Nokia's Executive Vice President and deputy to the Chief Executive Officer, said that while low-cost voice and fax services presently are key drivers in the IP telephony market, Nokia believes that IP telephony offers considerable growth potential for new applications to service providers. "Nokia and Vienna Systems share similar visions of two rapidly developing trends - the ubiquitous use of IP as a universal communications platform and the increasing use of wireless networks for transmitting data, video and voice," said Mr. Ala-Pietilä. "Time to market is crucial to success in this business. Vienna Systems' prominent position in IP telephony provides Nokia with additional technical expertise and access to leading customers in this rapidly developing market." T. Kent Elliott, President and Chief Executive Officer of Vienna Systems, said that Nokia's strong brand identity and customer base will be a springboard for his company. "Nokia's global strength combined with our broad product line and intellectual capital makes a powerful combination," Mr Elliott said. "Together, we will move rapidly to deliver new leading-edge services to our customers." Vienna Systems was founded in 1996 and currently employs 180 people, with research and development centers in Kanata; Richmond, British Columbia; and Ithaca, New York, and sales offices in the United States, Canada, Europe and Japan. Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1997, net sales totaled FIM 52.6 billion (USD 9.8 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in 130 countries and employs more than 42,000 people world-wide.

To: zbyslaw owczarczyk who wrote (8612)	12/18/1998 10:24:00 AM
From: MD Bryant	Respond to of 18016

Global ONE survey says: Global One in the UK Poll Reveals that Over 40% of Users Believe that ATM and Internet Services are the Most Important Future Offerings in the Telecoms Industry -------------------------------------------------------------------- LONDON, 11 December 1998 -- The UK business unit of Global One, the worldwide joint venture of Deutsche Telekom, France Telecom, and Sprint, is today announcing the results of an opinion poll of 1000 business users. The interactive poll was conducted on both the Global One stand at the TMA exhibition in October and via the Global One web site. The research focuses on key issues that are driving the telecoms market today. Issues covered included the effects of European market liberalisation on end-users, confidence in suppliers overcoming year 2000 problems and the types of services which are perceived to be the most critical to businesses in the future. Improvements From Suppliers and Reasons for Change Asked about the improvements business users would most like to see with their current supplier and reasons for changing supplier in the light of ever increasing choice, network quality was ranked at the top of both lists by corporate users. Cost savings and a full service range respectively followed network quality. In addition, users were asked which service offering was perceived as the most mission critical to their business over the next two years. Over 40% believed that ATM and Internet services were most important in supporting their mission critical applications. This was closely followed by VPN and Intranet offerings, both of which were highlighted as being of key importance in the run up to the millennium. Impact of European Telecoms Deregulation With the changing structure of the supply side of the industry being a high profile topic in the telecoms sector, users revealed that mergers and acquisitions in the telecoms industry have helped rather than hindered their business. However, given the level of consolidation in the market, over 60% of users believed there should be a governing body to protect their interests. Further to this, an overwhelming 95% of users believed that benefits would accrue from deregulation and the opening up of competition in Europe. Millennium Bug Finally, with the millennium fast approaching, end-users were asked about the confidence they have in their suppliers' ability to overcome communications problems in the year 2000. The results were very positive with a vast majority of the respondents trusting their suppliers to solve their compliance issues on time. Global One, the worldwide joint venture of Deutsche Telekom, France Telecom, and Sprint, offers a single source for the solution of voice and data needs of businesses, carriers, and consumers around the world