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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: shaanxi who wrote (22668)	2/15/1999 11:42:00 PM
From: Ibexx	Respond to of 77397

Thread, A new wireless deal for CSCO: _______ Omnitel seals Internet wireless deal with Cisco MILAN, Feb 15 (Reuters) - Italian mobile phone operator Omnitel and leading computer-networking company Cisco Systems Inc CSCO.O said on Monday they had agreed to develop a new Internet wireless service together. In a joint statement, the two companies said the new service would offer clients the possibility to access the Internet including data, voice and video communications with their mobile phones. Last week, Cisco announced it would develop a similar service with U.S.-wireless operator Motorola MOT.N. Omnitel said its agreement with Cisco would imply indirect cooperation with Motorola. Motorola also announced last week a deal with Nextel Communications Inc NXTL.O and Netscape Communications Corp NSCP.O to offer a wireless telephone package combining voice, data and Internet services. Omnitel and Cisco said they had prepared a three-year plan for their project and expect to publish the initial results after six months. "The alliance aims to develop innovative network technologies for integrated voice-data-video infrastructures," they said in the statement. "We will work towards the development of an IP (Internet Protocol) based communications infrastructure and the definition and establishment of new standards which will make Internet access easier." Last year, Omnitel -- jointly controlled by Italy's Olivetti OLIV.MI and Germany's Mannesmann MMNG.F -- launched a service that allows customers to call the United States and Britain using the Internet. REUTERS Rtr 11:08 02-15-99 _____ Ibexx