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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Stocker who wrote (2595)	5/4/1999 7:39:00 AM
From: leigh aulper	Respond to of 14638

Nortel Plans New Product To Bolster Optical Networks-NYT Dow Jones Newswires NEW YORK -- Nortel Networks Corp. plans to announce that it has developed a new product that could increase the capacity of fiber optic communications networks far beyond current technologies, The New York Times reported Tuesday. If the new product successfully makes the transitions from the laboratory to field trials to the marketplace, it could shore up Nortel's standing as a leader in optical networking. In a sign of that battle's ferocity, Lucent plans to announce a product similar to the new Nortel unit in about a month, executives close to that plan said Monday. The product Nortel intends to announce Tuesday may be as far as a year away from the marketplace. Nortel hopes to announce a communications carrier to try the new system within a few weeks and to begin trials in the fourth quarter. The new product could become the most advanced member in a new family of technologies called wave division multiplexing, which transmit multiple wavelengths of light, or colors, over a single optical fiber. A wave-division-multiplexing unit that uses eight channels, each a different color, could lift the capacity of a network by eight times a traditional single-wavelength system. The new Nortel product uses 160 channels, and each channel can transmit 10 billion bits of information a second. Altogether, the new system could transmit 1.6 trillion bits a second over a single optical fiber - enough capacity to transmit the entire contents of the Library of Congress across the country in 14 seconds, Nortel said. One analyst said a product such as Nortel's would offer more capacity than the communications industry needs now but added that it could be well suited to the communications appetites of even the near future.