* SBC and Verizon announce rollout plans and investments
SBC named Alcatel as its primary network infrastructure and services supplier for Project Lightspeed, SBC’s $6 billion fiber-to-the-node buildout. The deal is worth $1.7 billion to Alcatel over five years. Alcatel will provide access and fiber technologies, IP routing and Ethernet switching systems, and network systems integration services. Additionally, Alcatel will work with SBC on video systems integration. SBC’s FTTN project is intended to deliver IPTV, high-speed broadband services, IP voice and wireless bundles of products to 18 million households by year-end 2007. http://www.nwfusion.com/edge/news/2004/1020sbcal.html
SBC named Alcatel as its primary network infrastructure and services supplier for Project Lightspeed, SBC’s $6 billion fiber-to-the-node buildout. The deal is worth $1.7 billion to Alcatel over five years. Alcatel will provide access and fiber technologies, IP routing and Ethernet switching systems, and network systems integration services. Additionally, Alcatel will work with SBC on video systems integration. SBC’s FTTN project is intended to deliver IPTV, high-speed broadband services, IP voice and wireless bundles of products to 18 million households by year-end 2007.
https://www.nwfusion.com/edge/news/2004/1020sbcal.html
Verizon said it is hiring 3,000 to 5,000 people and investing $800 million this year to expand its fiber buildout. Verizon has added six more states to its roster of fiber-to-the-premises deployments. The carrier plans to deploy FTTP facilities and services to homes and businesses in Virginia, as well as in parts of Delaware, Maryland, Massachusetts, New York and Pennsylvania – bringing to nine the total number of states where FTTP work is under way. The company had previously announced FTTP deployments in California, Florida and Texas. Verizon plans to pass some 1 million homes and businesses with the new technology this year, and 2 million additional homes and businesses next year.
https://www.nwfusion.com/edge/news/2004/1021vzon.html
AT&T recorded a net loss of $7.1 billion, or $8.95 per share, for the third quarter of 2004, but that loss included asset re-evaluation and other charges of $12.5 billion. AT&T’s third-quarter financial statement included asset impairment charges of $11.4 billion and net restructuring and other charges of $1.1 billion. The asset-related charges were caused by “pricing pressure and the evolution of services toward newer technologies in the business market, as well as changes in the regulatory environment, which led to a shift away from traditional consumer services.” The quarter’s net loss compares to the net income of $418 million, or 53 cents per share, in last year’s third quarter.
