Cable and Wireless story... have seen it mentioned but not posted...
Cable & Wireless USA to Build Next Generation, High Capacity Internet Network; $670 Million Investment Will Position Company As Leading Provider of Internet Services and Solutions
PR Newswire - April 13, 1999 08:56
Jump to first matched term
VIENNA, Va., April 13 /PRNewswire/ -- Cable & Wireless today announced it will invest $670 million in the USA to develop the next generation high capacity Internet network that will fully integrate Internet, data, voice and messaging communications.
The significant investment to build the industry's fastest, high capacity Internet network backbone signifies Cable & Wireless' strategy to be the leading facilities-based provider of Internet-based communications services and solutions.
During the next two years, Cable & Wireless will build the new USA Internet network, which will link more than 60 metropolitan areas across the United States. The new network, which will deploy transmission equipment for OC-192 speeds and utilize the most advanced routing and switching technology available, will enable Cable & Wireless USA to manage Internet, data, voice and messaging communications traffic on one network.
"The significant investment in building the next generation high capacity Internet network is a clear demonstration of Cable & Wireless USA's goal to be the number one provider of Internet communications services and solutions," said Denny Matteucci, chief executive officer of Cable & Wireless USA. "In addition, this investment underscores our commitment to be a customer-focused company by anticipating our customers' needs for the capacity, speed and reliability to manage their mission-critical business operations in the Internet economy."
Cable & Wireless USA has entered into an agreement with Level 3 Communications to purchase 15,000 route miles of dark fiber that will enable Cable & Wireless USA to reach more than 50 metropolitan areas across the United States. Cable & Wireless USA will build state-of-the-art Internet facilities in each of the metropolitan locations.
In addition to the purchase of dark fiber and a nation-wide facilities build-out, Cable & Wireless USA will also acquire advanced routing, switching and transmission technology. Cable & Wireless USA has already initiated the purchase of Juniper Networks M40 routers and FORE Systems' ForeRunner ASX 4000 ATM switches.
"Cable & Wireless USA is creating the most advanced Internet network," said Randy Catoe, vice president of Internet engineering, operations, solutions and support at Cable & Wireless USA. "The technology that we are deploying in this network represents today's cutting-edge fiber optic routing, switching and transmission technologies, which will deliver the speed our customers need to compete in tomorrow's electronic marketplace."
The network will link with the Cable and Wireless plc global network -- including its Internet backbone in Europe and the Asia/Pacific region. Cable & Wireless USA expects to complete the network in 2001, and will bring segments of the network on-line before then, as they are completed.
Graham Wallace, chief executive of Cable and Wireless plc, said, "This significant investment emphasizes our determination to be the clear leader in the Internet and data market. Combined with our unrivalled presence in Asia Pacific and our announced plans for Europe, it will ensure Cable & Wireless is uniquely placed to be the premier provider of Internet and Data solutions and services worldwide."
About Cable & Wireless USA
Cable & Wireless USA is the American subsidiary of Cable and Wireless plc, one of the world's leading providers of integrated communications and a major global carrier of communications traffic: Internet, data, voice and video. Its businesses around the world offer a range of services spanning interactive entertainment and information, broadband data, Internet access and broadcast television, as well as fixed and mobile voice. Cable & Wireless is one of the world's largest carriers of international traffic, provides mobile communications in more than 30 countries and operates the world's largest, most advanced cableship fleet. Cable and Wireless plc is listed on the Stock Exchanges of London, New York (NYSE: CWP) and Frankfurt.
For more information about Cable & Wireless USA visit cwusa.com.
Cable & Wireless USA
New Internet Network Fact Sheet
Expanding to Remain Out Front
* Investing $670 million to further enhance the company's backbone infrastructure
* Installing more than 15,000 route miles of dark fiber for virtually limitless capacity
* Increasing the company's backbone to OC-192 (9.6 Gigabit/second) capacity at the switching core and OC-48 on most of its major trunks
* In major cities across the United States, the company is expanding connectivity to metropolitan rings for increased capacity and reach
* Building Internet facilities in more than 50 metropolitan locations across the United States
* Immediately upgrading capacity to an OC12 at MAE-East, MAE-West, Chicago Ameritech, PacBell, PAIX and other NAPs.
* By Q2, increasing capacity to an OC-48 at PAIX, Chicago Ameritech and PacBell
* Expanding high-traffic links to OC-192 (9.6 Gigabit/second) capacity
* When complete, the new network will support 160 optical channels at 10 Gigabits per second.
SOURCE Cable & Wireless USA
/CONTACT: Kelley Gannon, 703-760-3068, kelley.gannon@cwusa.com, or pager:
888-350-5527; or Nikki Laughlin, 703-760-1574, nikki.laughlin@cwusa.com, or
pager: 888-213-4372; both of Cable & Wireless USA/
/Web site: cwusa.com
(CWP) |
