Internet2, a group of 200 universities working on next-generation Internet technologies, announced last week that its Abilene network reached a new milestone: its first 10G bit/sec transcontinental network segment. The group is in the process of upgrading its U.S. network to 10G bit/sec. The network also will support native IPv6 and multicasting applications.
Similar to the Internet before it went commercial, Abilene is an advanced network for academia to test sophisticated and complex applications such as remote control of telescopes and immersive virtual reality.
Qwest's financial adventures continue to keep industry watchers guessing. The carrier has revealed it will restate $2.2 billion in revenue for fiscal 2000 and 2001. The carrier's 2001 revenue will be adjusted to $18.4 billion from $19.7 billion and its 2000 revenue to $15.7 billion from $16.6 billion. Qwest officials cited billing errors and premature revenue recognition as the primary causes of the restatements.
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