Technology Stocks | LAST MILE TECHNOLOGIES - Let's Discuss Them Here


Previous 10 | Next 10 
To: Raymond Duray who wrote (11640)6/27/2001 4:39:54 PM
From: MikeM54321   of 12814
 
Ray- Interesting yes. But wrong (regarding the 96 Telecom Act). IMHO of course. -MikeM(From Florida)

Share Recommend | Keep | Reply | Mark as Last Read

To: Crossy who wrote (11642)6/27/2001 4:43:01 PM
From: MikeM54321   of 12814
 
"I fully expect the IXCs to step up to this plate big time."

Crossy- I sure hope they do. I'm guessing it's their lack of a metro network that is their biggest problem to rolling out access via BBFW. -MikeM(From Florida)

Share Recommend | Keep | Reply | Mark as Last Read

To: robert pekol who wrote (11645)6/27/2001 5:31:01 PM
From: Crossy   of 12814
 
Robert,
sorry to turn down your request. If I wrote an opinion which I won't do I would not post it on this thread. Here we talk about issues on the last mile and not so much about individual stocks.

To give my instant thoughts, I can only tell you that I would buy neither now. For LPTH and FBCE it'S too early for MSCC it's too late. Better look at FCS if you want a compound semi play that is REASONABLY valued..

I hope that I didn't violated the "thread culture" with this concise reply.. <g>

kind rgrds
CROSSY

Share Recommend | Keep | Reply | Mark as Last Read

To: Warren Gates who started this subject6/27/2001 9:13:14 PM
From: Darren DeNunzio   of 12814
 
Intelsat embarks on path to market debut

By Kirstin Ridley and Merissa Marr

LONDON, June 26 (Reuters) - Intelsat, the satellite communications group held by over 200 telecoms companies around the globe, said on Tuesday it wanted to select advisers by the third quarter for a 10-20 percent market debut pencilled in for next year.


Chief Executive Conny Kullman said the Washington-based company, which launched the world's first commercial satellite called Early Bird in 1964, wanted to have the mechanics for an initial public offering (IPO) in place by the end of the year.

``We're preparing to select a banker,'' he said during a visit to London. ``(And) we will watch the market very closely next year...There is no set time for an IPO, but we want to make preparations.''

But with a wary eye on volatile equity markets, he told Reuters: ``We still have room to take on more debt, so we don't need to rush into the equity market.''

The satellite communications market is considered one of the highest-cost and therefore riskiest industries in the world, having already claimed the scalps of Iridium and ICO Global Communications, along with billions of dollars of investors' money.

But as the likes of Motorola-led Iridium (NYSE:MOT - news) and ICO emerge from bankruptcy protection and start anew with fresh business plans, Intelsat remains bullish -- and profitable.

The group plans to upgrade and bolster its constellation of 19 satellites to 24 by early 2003 at a cost of around $3.5 billion, and says it will invest around $1 billion per year over the next seven years.


FIGHTING COMPETITION

The group, which faces stiff competition from mainly cable companies for its global voice, broadcast, high-speed Internet and corporate data network services, says the listing will make it better known and allow shareholders to trade holdings.

An easily recognised brand will also help Intelsat fight fresh competition from rival satellite operators such as Luxembourg-based SES Astra and Paris-based Eutelsat, which have traditionally focused on the broadcast market but are branching out into Internet and corporate data services.

Intelsat's business is divided into four key areas, with voice telephony services providing around 40 percent of group revenues, corporate data networking around 25 percent, broadcasting 20 percent and Internet services 15 percent.

But the group, which generated net income of $506 million on revenues of $1.1 billion last year, is banking on robust growth for broadband Internet and corporate communications services.

Intelsat, which has an EBITDA (earnings before interest, tax, depreciation and amortisation) margin of 86 percent, just over $1 billion of debt and a single A credit rating from Moody's, is currently a treaty-based intergovernmental consortium. It plans to reconstitute itself as a private company on July 18.

The group, which will be based in Bermuda after its much-delayed privatisation, has secured a $1 billion credit facility to help fund its expansion thereafter.

U.S. aerospace group and defence contractor Lockheed Martin Corp (NYSE:LMT - news) is Intelsat's largest investor with a 20 percent stake, followed by state-run Indian telecoms giant Videsh Sanchar Nigam .

European telecoms companies such as Deutsche Telekom , France Telecom , British Telecommunications Plc (quote from Yahoo! UK & Ireland: BT.L) and Telecom Italia each own between three and four percent of the company.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Warren Gates who started this subject6/27/2001 9:14:42 PM
From: Darren DeNunzio   of 12814
 
802.11b Delivers Increased Flexibility to Mobile Users

SANTA CLARA, Calif.--(BUSINESS WIRE)--June 27, 2001--Virata® Corporation (Nasdaq:VRTA - news) today announced the release of its 802.11b reference design for manufacturers of wireless devices, such as wireless access points, and wireless-to-Ethernet or wireless-to-broadband routers. With the new Virata 802.11b RD6500 reference design, developers can get up and running quickly to create products that support wireless networking activity in the home or office. 802.11b-based products eliminate the need for rewiring or having unsightly cables and wires around living or work spaces to create a ``wire-free'' environment.

``Wireless innovation is on the rise and our new reference design will help our customers be first to market with new devices that seamlessly support wireless communication in the home or office, while simultaneously accommodating wired networks,'' said Duncan Greatwood, vice president of marketing at Virata. ``Virata is committed to providing its customers with a range of powerful networking solutions that enable the development of flexible and scalable broadband products. As a leader in the broadband gateway semiconductor and software market, we are uniquely positioned to help accelerate the use of wireless networking in the home.''

The new RD6500 reference design consists of a PRISM-based 802.11b module and drivers from Intersil Corporation (Nasdaq:ISIL - news), and Virata's unique ISOS(TM) (integrated software on silicon(TM)) platform. Customers selecting this reference design will benefit from having the drivers pre-integrated into ISOS 8.0, which is expected to save them considerable time and money in the development process. In addition, customers will no longer need to pay separate licensing fees for the drivers, nor do they need to spend time incorporating all the necessary protocols into their product. When the RD6500 is combined with Virata's BD6200 board, all the core hardware and software required to develop 802.11b-based products will be available in one complete package. In addition, the reference design can be used to help developers build a PCMCIA slot onto a gateway, thereby enabling a user to easily upgrade to 802.11b wireless functionality. Available now, the RD6500 reference design supports infrastructure mode, power management queuing, DHCP and wired equivalency privacy (WEP) security features.

``Intersil's PRISM technology provides the most powerful wireless networking solutions available for manufacturing IEEE 802.11b wireless products,'' said John Fakatselis, senior manager for Strategic Alliances of Intersil's PRISM Wireless Products business. ``When integrated with Virata's powerful 802.11b reference design, the PRISM solutions deliver the affordability, performance and quality that enables our mutual customers to quickly develop and bring Wi-Fi(TM) certifiable products to market.''

Actiontec Electronics, Inc., a leading manufacturer of broadband products, has chosen Virata's RD6500 for use in the development of their newest wireless access point product. ``We selected Virata's RD6500 reference design because it provided us with the high level of functionality we needed to cost-effectively build our 802.11b wireless product and get it to market quickly,'' said Chuang Li, vice president of engineering at Actiontec. ``No other company could offer us the same breadth of technology and engineering support.''

According to Cahners In-stat, revenue in the wireless LAN market is expected to reach nearly $4.6 billion by 2005, which underscores the tremendous opportunity that exists for broadband vendors. ``Virata has made an important step by licensing Intersil's PRISM II chipset and combining it with its ISOS platform to create a reference design for wireless device manufacturers,'' said Mike Lowe, director of Enterprise and Residential Communications at Cahners In-Stat. ``By doing so, they are helping to accelerate the widespread adoption of IEEE 802.11b wireless local area networks and drive the evolution of wireless home networking.''

About 802.11b

802.11b is the IEEE global standard for high-rate wireless local area networks (WLANs) that allows broadband products to operate at 2.4GHz and deliver an 11 megabit-per-second (Mbps) data rate. With 802.11b WLANs, mobile users are no longer dependent upon hard-wire access to the network backbone. They can get Ethernet levels of performance, throughput and availability with an 802.11b-based product, thereby making it easier and more cost-effective to access a home or office network from anywhere in the world. With reliable anytime, anywhere access to a network, users will now have more flexibility and capability to communicate with their colleagues, friends or family to share time-critical information, provide troubleshooting support or coordinate schedules.

About Virata's ISOS Platform

Virata's ISOS is the common element among all of Virata's industry leading communications processors and has been deployed in more than six million broadband wireline (e.g. DSL) and wireless installations. The richly featured ISOS networking and applications software suite enables Virata's customers to reduce first time design cycles. Additionally, the fact that ISOS extends across Virata's entire communications processor family makes the savings even more dramatic for subsequent product generations, enabling Virata customers to take their own value-added software into their new designs without having to repeat existing software engineering efforts. The unique ISOS product line, which uses Virata's ISOS software, consists of the following: Azurite(TM), Virata's pre-integrated voice-over-DSL solution; Aluminum(TM), Virata's symmetric DSL family; Beryllium(TM), a communications processor integrated with an ADSL PHY; Helium(TM), the low-cost, PHY-neutral communications processor family; Lithium(TM), a low-cost, PHY-neutral communications processor for PCI applications; and Magnesium(TM), the industry's first ISOS voice processing product.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Warren Gates who started this subject6/27/2001 9:16:09 PM
From: Darren DeNunzio   of 12814
 
Telesat increases equity stake in WildBlue

WildBlue has raised more than $440 million for affordable new broadband service.

DENVER, CO and OTTAWA, June 25 /CNW/ - Telesat Canada (www.telesat.ca), a wholly owned subsidiary of BCE Inc. and a world leader in satellite communications, space systems services and international consulting, is increasing its investment in WildBlue Communications, Inc. (www.wildblue.com) to approximately 20%. WildBlue is the leader in developing the next generation Ka-band spot beam satellite broadband system for high speed Internet service. Telesat CEO Larry Boisvert was also named to the WildBlue board of directors.
Today's announcement builds on a longstanding collaboration between the two companies. Telesat will provide telemetry tracking and control services for WildBlue's first satellite, WildBlue 1, to be launched in 2002, and WildBlue will use the U.S. portion of the Ka-band capacity on Telesat's Anik F2 satellite, slated for launch in early 2003.

WildBlue plans to roll out affordable two-way broadband services via satellite direct to homes and small offices throughout the contiguous United States in 2002. The company will then expand service to Canada and Latin America. WildBlue plans to be the first to launch the Ka-band spot beam satellite technology designed to lower the cost of providing high-speed Internet access via satellite. This service should be especially appealing to the millions of homes that lack access to DSL or cable modem service.

In addition to Telesat, WildBlue's strategic investors include EchoStar (www.echostar.com); Kleiner Perkins Caufield & Byers (www.kpcb.com); Liberty Satellite & Technology, Inc., a consolidated subsidiary of Liberty Media Group (www.libertymedia.com); Gemstar - TV Guide (www.tvguide.com); TRW (www.trw.com); and Arianespace (www.arianespace.com).

"Telesat is pleased to increase its investment in WildBlue, the leader in the development of next-generation affordable satellite broadband," said Larry Boisvert, Telesat's president and CEO. "Once WildBlue makes its affordably priced broadband service available to millions of U.S. consumers that can't get cable modem or DSL service, we are confident that it will attract a very strong subscriber base."

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (2)

To: Darren DeNunzio who wrote (11652)6/27/2001 9:18:25 PM
From: Darren DeNunzio   of 12814
 
eVision 5G Wireless Purchases 30% Of Skyhub Asia

DENVER--(BUSINESS WIRE)--June 27, 2001--eVision USA.Com, Inc. (eVision or the Company, www.evisionusa.com; OTCBB:EVIS - news) is pleased to announce a 30% purchase of the capital stock of Skyhub Asia Holdings Limited (Skyhub, www.skyhubasia.com) by 5G Wireless Communications Inc. (5G, www.5gwireless.net; OTCBB:FGWC - news).

Under the terms of this purchase, 5G shall provide US$1 million in financing for expansion of Skyhub's network, resulting in eVision's and eBanker USA.com, Inc.'s (eBanker) ownership in Skyhub changing from 52% and 8%, respectively, to 26% and 4%, respectively. The 30% acquisition of Skyhub will provide 5G customers with an enhanced wireless last-mile solution. 5G also retains an option to purchase a further 20% stake in Skyhub.

``Skyhub Asia is aggressively building its customer base by providing high-speed Internet access to schools, residential and commercial building contractors, general businesses, and government agencies,'' said eVision Chief Executive Officer Fai H. Chan. ``5G's strategic investment in Skyhub endorses our belief that Skyhub is in the right marketplace and provides Skyhub with new resources to further expand.''

5G CEO/President Michael Tan expresses that: ``Skyhub will provide 5G with a satellite infrastructure that will allow 5G to rapidly deploy wireless solutions over a wide geographical area in Asia, Europe, India and Australia. Furthermore, Skyhub will enable 5G to increase market penetration by providing this geographical region with an innovative and economical communications solution. 5G will be able to offer a seamless service to its customer base, delivering both infrastructure as well as bandwidth, a 'One Stop Shop' concept.''

Mr. Terence Yap, Executive Director of Skyhub, further expressed that: ``Skyhub Asia Holdings Limited is excited to partner with 5G Wireless Communications, Inc. This strategic partnership will allow Skyhub to immediately expand its current network with an operations center in Singapore. In addition, it will provide a more cost-effective and comprehensive range of services, over a single managed network, without compromising on quality.''

5G is a cutting-edge provider of wireless solutions, which utilizes state-of-the-art equipment and proprietary solution elements which deliver a dramatic improvement in performance while at the same time realizing the bottom line benefit of decreased communications costs. 5G's corporate office is located in the United States, with branch offices in Canada and Singapore. 5G designs, builds, deploys and operates broadband network systems for the hospitality industry and is expanding its services across Asia.

Skyhub is a regional ISP, employing a combination of local leased lines and satellite connectivity to provide unlimited broadband Internet access to end users. Skyhub also performs network design and implementation of internal building infrastructure to enable commercial and residential buildings (both old and new) to accommodate high-speed Internet access. The company is also aggressively developing other complementary and auxiliary services such as multimedia contents and applications over its broadband network on a regional basis.

Share Recommend | Keep | Reply | Mark as Last Read

To: Darren DeNunzio who wrote (11650)6/28/2001 12:53:09 AM
From: Raymond Duray   of 12814
 
Darren,

Do you think the Intelsat management think we retail patzers are idiots? That seems to be the message in the IPO trial balloon. I suspect the same fate for this absurd offering as the reception that Orange got recently in the public markets. We are fools, but we are not idiots. Management seems unable to distinguish the difference.

What a ridiculous offering.

=Ray

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)

To: Darren DeNunzio who wrote (11651)6/28/2001 1:07:12 AM
From: Raymond Duray   of 12814
 
What's the game Darren?

Four frivolous biz wire blatherings in a row and not one intelligent word of commentary or color or crassness from you? What gives? Are you working for the sell side, or what?

As to the 802.11b blather, here's something actually quite thoughtful on the fate of Bluetooth, which you may or may not recall was all the buzz before it was supplanted by WiFi, or 802.11b:
totaltele.com 

A similar fate awaits 802.11b? I rather suspect so. It solves a problem no one really has.

From the hard left edge. I'm an investor/speculator. I'm seeing scant evidence there's anything in telecom that warrants investment today. JM2C.

Cheerio! Ray :)

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (3)

To: Raymond Duray who wrote (11655)6/28/2001 2:01:34 AM
From: Jeff Hayden   of 12814
 
A similar fate awaits 802.11b? I rather suspect so. It solves a problem no one really has.

Oh I don't know about that. I use 802.11b at home and it works very well - especially when I wander around with my laptop. I also get to print from my laptop through my desktop machine from anywhere in the house.

I've also seen 802.11b in business situations where a laptop that was running a projector was getting its files from the local network neighborhood servers. It works well for visitors to connect into the local net so that they can access their e-mail and surf as needed. No need to plug into the ethernet nor to obtain an IP address to connect if dynamic host control protocol is used.

That Starbucks concept might work in high tech areas, but I think the price is too high for general acceptance.

Actually, Bluetooth is a slower and complementary technology that doesn't really compete with 802.11b. There are a lot of competitors in the 802.11b area. It'll be tough for anyone to make money when entering at this late date.

Share Recommend | Keep | Reply | Mark as Last Read | Read Replies (1)
Previous 10 | Next 10 

Copyright © 1995-2013 Knight Sac Media. All rights reserved.