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News & Analysis 2003 P17

Tele2 selects Tellabs platform for high-speed data services 21 May 2003 High Wycombe, UK Lightwave Europe--Tele 2 Sverige AB, the leading Swedish alternate telecoms service provider, has chosen the next-generation SDH platform from Tellabs to expand its Internet and intranet services.
Ericsson wins further DSL expansion contract in China 21 May 2003 Stockholm Lightwave Europe--Ericsson has been awarded a contract by Jiangxi Nanchang Telecom, part of China Telecom, to expand the operator's DSL network in Nanchang, Jiangxi Province in south-east China.
Nortel passes MPLS/FR interoperability tests 21 May 2003 Boston, MA Lightave Europe--Nortel Networks has announced its successful participation in a multivendor interoperability and scalability test organised by the MPLS/Frame Relay Alliance.
Telecom Italia awards Marconi EUR 50m for optical network 20 May 2003 London Lightwave Europe--Telecom Italia has renewed two frame contracts with marconi worth an estimated EUR 50 million for the supply of high capacity transmission equipment over the next two years.
Refinanced Marconi Corporation shares debut on London stock exchange 20 May 2003 London Lightwave Europe--The refinanced Marconi Corporation has confirmed that its schemes of arrangement for Marconi Corporation plc and Marconi plc have now become effective.
Electrolux IT cooks ups USD29 million IPVPN deal with Equant 20 May 2003 London Lightwave Europe--Global data and IP services provider Equant has signed a five-year, USD29 million contract renewal to provide Electrolux IT Solutions with a global IP VPN connecting 160 sites in 33 countries.
FiberNet provides 10-Gbit/sec wavelength services to FLAG Telecom Network in New York City 13 May 2003 New York, NY Lightwave--FiberNet Telecom Group, a provider of metropolitan connectivity, announced today it signed a fifteen-year agreement with FLAG Telecom Network USA Limited for transport services within the New York City metropolitan area.
Cogent lights 700th building with optical Internet service 13 May 2003 Washington D.C. Lightwave-- Optical Internet service provider Cogent Communications announced that it has connected the 700th building to its facilities-based network.
Tellabs to acquire Vivace Networks for USD 135m 13 May 2003 High Wycombe, UK Lightwave Europe--Tellabs plans to acquire privately held Vivace Networks, a developer of multiservice IP edge switches, for USD 135 million in cash and stock options.
Alcatel sells Optronics division to Avanex in USD63.5 million deal 13 May 2003 Paris Lightwave Europe--Alcatel announced today that it has entered into a binding agreement to divest its optical components business to Avanex in a stock for stock transaction.
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