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Started by Missy Harvey
Tue, 15 Aug 2000 00:00
Faulkner Comm Flash 08/14/00 - (Part 2 of 2)
Author: Missy Harvey
Date: Tue, 15 Aug 2000 00:00
Date: Tue, 15 Aug 2000 00:00
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---------- Forwarded Message ---------- Date: Tuesday, August 15, 2000, 3:36 PM -0400 From: Faulkner Information Services <mailserver@faulknerinfo.com> To: ??? Subject: Faulkner Comm Flash 08/14/00 - (Part 2 of 2) Broadband/Cable Networking 360networks sold capacity on its 360americas network connection from North America to South America to France Telecom and Intelig. Both companies will receive 10G bps capacity on the 17,400-mile network. ADC extended its contract with Turk Telekom of Turkey for supply of the BroadAccess Multiservice Access Platform (MAP). With this extension, Turk Telekom expects to provide around 100,000 subscriber lines using BroadAccess. This project is jointly implemented with ADC's Turkish partner, Aydin Yazilim ve Elektronik San A.S. (AYESAS). AT&T announced that it deployed its DSL Internet services twice as fast as originally planned. The company's Business DSL Internet service is currently available in nearly 100 markets throughout the US. Additionally, businesses can now sign up for AT&T DSL services on the company's Web site. Covad Communications began offering service to customers in Trenton, New Jersey and New Haven, Connecticut. EarthLink expanded its business-grade DSL service to 10 additional cities, bringing the total number of markets where EarthLink Biz DSL is available to 14. The additional locations--Boston, Chicago, Houston, Seattle, Washington, DC, Cleveland, Denver, Phoenix, Sacramento, and San Diego--allow EarthLink to offer high-speed Internet access to more small- and medium-sized businesses across the country. Global Crossing announced the landing of its cable network in Las Toninas, Argentina. The project will connect Latin America with the company's worldwide fiber-optic network. The cable station will be linked to Buenos Aires via a 350-km terrestrial fiber-optic connection. From Buenos Aires, the South American Crossing will connect Rosario, Cordoba, and Mendoza in Argentina before crossing the Andes Mountains to connect Santiago and Valparaiso in Chile. Additionally the system will have landings in Lurin, Peru, along the Pacific Coast of Columbia, Panama, and Caracas, Venezuela. Also, Global Crossing expanded its existing ATM and frame relay services to six European countries with transport speeds available at STM-4 (622M bps). Service will be available to 18 cities in France, Germany, Denmark, Belgium, and the Netherlands, as well as in the UK. Oftel said that BT's pricing for broadband DSL Internet access is too steep to attract customers. The company charges 40 pounds per month for the service, while an Oftel survey concluded that customers are willing to spend a maximum of 13 pounds per month for such access. The regulatory agency said that increasing competition for broadband customers would most likely drive down prices. RCN recently built its Megaband Network, expanding its service area to include Brooklyn and the Bronx. The Megaband Network enables RCN to deliver a fiber-optic network by utilizing only 15-percent of the fiber network capacity. RCN has now built over 7,864 miles of its fiber-optic network in the New York/New Jersey area. Service to Brooklyn is expected to begin by early 2001, followed by the Bronx. In related news, RCN received Federal Open Video Systems (OVS) approval for over 15 million homes and has local approval for 5.2 million homes across its East and West Coast markets. Once regulatory approvals are granted, the market will be ready for service in 12 to 18 months. Time Warner kept its promise when the company's cable division forged a preliminary agreement with Juno Online Services. Time Warner pledged to open its cable system to competing Internet service providers in response to pressure from the FCC related to the pending merger between Time Warner and AOL. Time Warner is currently in negotiations with Road Runner, the only ISP available to Time Warner customers as of now, about a restructuring agreement. When Juno will be introduced to Time Warner's lines depends on the outcome of these negotiations. Verizon Communications is conducting a technical trial of Voice over DSL (VoDSL), which is a technology that provides high-speed Internet access and up to 16 separate telephone lines over a single copper wire. Verizon employees in the metro Dallas area are participating in the trial. Once the trial has proven successful, Verizon will begin a market trial on select small businesses in Texas. Satellite Services Globalstar, through GlobalTel, launched commercial satellite telephone service in Russia, a country where many regions lack basic telephone service. Initially, the service includes basic phone service along with voice mail and short messaging. Fax and data services will be added in the next year. Using gateways in Moscow, Novosibirsk, and Khabarovsk, the company hopes to bring services to nearly all parts of Russia. Network/Systems Management BMC Software reported that it will deliver software that manages complex enterprises and B2B exchange environments. BMC is adding new capabilities that manage front office and trading environments to its current back office and Web services, functions that are critical to organizations involved in B2B transactions. In a separate announcement, BMC Software was selected by Microsoft to be a member of Microsoft's Global Enterprise Partners group. As a member, BMC Software will work closely with Microsoft to deliver the highest quality service level management services deployed from Windows DNA 2000 based platforms and Microsoft.NET Enterprise Servers. Candle released the Candle Command Center (CCC) for the IBM MQSeries Integrator (MQSI) Version 2. CCC helps diminish system downtime and should increase productivity for MQSI by tracking message flow times, recording arrival rates, and message queue times. CCC for MQSI includes the CandleNet Portal/Systems Management Edition (SME), a browser-based user interface that increases ease-of-use. Computer Associates unveiled a comprehensive suite of eBusiness management software for Linux on S/390,which is part of a collaborative effort with IBM. CA's Linux for S/390 suite is fully compatible with its e-business management offerings, which include the Unicenter TNG, Master IT, Ingres II, ARCserve, and eTrust. Also, Computer Associates reported that NEC Corporation will integrate CA's eTrust Intrusion Detection with its Express 5800 line of servers. By implementing CA's eTrust Intrusion Detection, NEC's updated server series can maximize enterprise productivity through comprehensive management. Seagate Software launched its Crystal Enterprise Solutions for SAP R/3. Through Crystal Enterprise Solutions for SAP R/3, users can combine data from multiple SAP services in Crystal Reports for analysis to support mission critical business decisions via the Seagate Info infrastructure, which manages secure enterprise-wide report distribution. Security Entrust Technologies reported that i2 Technologies selected Entrust's security software for use within its TradeMatrix services. i2 will integrate Entrust's Toolkit for Java with its TradeMatrix services. This combination will enable more secure business interactions between i2 and its partners, suppliers, service providers, and TradeMatrix users. Security Tellabs launched the VERITY 3100 system, a high-density T1 and E1echo control and VQE service. The VERITY 3100 system provides optimal call quality and dependable data transmission over T1 and E1 trunk lines, while using less floor space to help carriers improve network efficiency, installation time, and operating costs. Storage EMC combined its Symmetrix Enterprise Storage systems with Qlogic's host bus adapters into an updated version of the Oracle8i Appliance. This combination will allow Oracle8I users to deploy and manage storage networking services quickly via Internet server platforms. Regulatory News Ireland's telecom regulatory body announced that it will issue four third-generation wireless licenses through a beauty contest instead of through an auction. Regulators there believe that this method will ensure that services are rolled out quickly. AT&T and WorldCom filed a grievance with the Nevada Public Utilities Commission against SBC Communications/Nevada Bell for charging long distance companies more to access its network to complete in-state calls than it does for state-to-state calls. The IXCs contend that SBC/Nevada Bell is violating Nevada state law by refusing to lower the prices they charge to long distance companies for access to their network. Both companies are seeking restitution of the amounts they have been overcharged, dating back to May 16. Earlier this week, SBC filed an application with the NPUC to enter the long distance market in Nevada under Section 217 of the Telecommunications Act. AT&T issued a statement saying that the request was premature because SBC still controls 98 percent of the local service market in the territory. The senior vice president and general counsel of AT&T Wireless issued a statement in support of the FCC's delaying an auction for 700MHz spectrum until next year. AT&T Wireless believes that the delay will allow the spectrum to be allotted most efficiently. The New York Public Utility Commission gave Broadwing Communications formal approval to operate as a competitive local exchange carrier (CLEC) in the state of New York. Broadwing will be able to compete with other local voice and data communications providers in the state. The auction for third-generation (3G) wireless licenses began in Germany, with the companies involved taking a conservative approach in their bidding during the first rounds. The auction went through six rounds of bidding, with the leading companies consistently increasing their bids by the minimum 10 percent. At the end of six rounds, MobilCom, which is partnered with France Telecom, offered 501 million marks for two frequencies. Deutsche Telekom's T-Mobile offered 300 million marks for three frequencies; Mannesmann Mobilfunk (Vodafone AirTouch) bid 450 million marks for three frequencies, E-Plus Hutchison (KPN, Hutchinson Whampoa, NTT DoCoMo) bid 200 million marks for two frequencies; and VIAG Interkom (BT) offered 100 million marks for one frequency. The German government is auctioning 12 frequencies, and it will issue between four to six licenses, depending upon the number of frequencies each company bids for. The Hong Kong High Court gave its approval to Pacific Century CyberWorks' pending acquisition of Hong Kong Telecom (HKT) from Cable &Wireless. The court was the last regulatory hurdle prior to finalizing the purchase. This $82.5-billion deal, the largest Asian corporate acquisition ever to take place outside of Japan, is slated to close on August 17. In a five-hour hearing, the FCC sought to find answers to pending questions regarding the AOL/Time Warner merger. A key concern is whether Time Warner high-speed Internet access subscribers will be given a variety of Internet providers to choose from, not just AOL. Time Warner Chairman Gerald Levin assured this would be the case, issuing an open invitation to any Internet provider interested in operating on TW's lines. Chairman of the FCC William Kennard is still concerned about the open access issue and will hold a public proceeding on the matter to resolve the issue. GTE, now Verizon Communications, agreed to pay $2.7 million to settle an FCC investigation into possible violations involving the hindrance of local telephone competition. Including the fine, GTE agreed to automatic penalties if its performance does not improved within six months. Intelsat received approval from the FCC for the operation of C- and Ku-band global satellite systems that provide services to the US. Intelsat LLC will be acquiring its satellite systems from INTELSAT, and it was granted US licenses for 17 satellites already in orbit, as well as for 10 replacement satellites and 13 orbital redeployments. The FCC authorized the transfer of licenses to COMSAT Government Systems, which is a subsidiary of Lockheed Martin, which will now be able to complete its planned merger with COMSAT. The FCC's authorization comes after it found that the acquisition of COMSAT is in the public interest and will not adversely affect competition in any market. Metrocall filed a motion with the US Bankruptcy Court of Delaware asking that it terminate PageNet's exclusivity period. Metrocall wants the period terminated in order to submit its own reorganization plan for PageNet under Chapter 11 bankruptcy. Metrocall believes that its plan is better than PageNet's being acquired by Arch Communications and that the board of directors of PageNet should provide its shareholders with competing bids. In addition, Metrocall's proposal for PageNet remains open because the company believes its offer is superior to Arch's. RegTP, the telecommunications regulatory authority in Germany, launched an investigation into complaints that MobilCom, which is backed by France Telecom, and debitel, which is backed by Swisscom, took part in collusionary activities in the third-generation wireless license auction. MobilCom's CEO was reported in a newspaper as saying that his company would consider cooperation with debitel in the auction. AT&T, Covad Communications, Electric Lightwave, ICG Access Services, NEXTLINK California, Sprint, and WorldCom filed a complaint with regulators concerning the third-party tests being conducted on the network of Pacific Bell, a unit of SBC Communications. The companies argue that the tests, being conducted by Cap Gemini, are inadequate, and the companies want access to the data so they can examine the testing process thoroughly. Qwest Communications agreed to pay $1.5 million in finesfor slamming when the Federal Communications Commission began conducting an audit after receiving complaints from customers. In addition to the fine, Qwest agreed to three years of probation, during which its customer switching procedures and activities will be closely surveyed. FCC found the slamming began when Qwest merged with LCI International Telecom two years ago. Financial News Alcatel plans to release tracking shares in the fourth quarter 2000 that will highlight that market value of the company's optronics unit and thus provide funds for acquisitions. Alcatel says it will be the first European company to follow the practive of such American companies as AT&T and Sprint which have issued tracking stock. The tracking shares will allow Alcatel to separate key divisions that may differ in value from its core business, while maintaining full control and avoiding the process of spinning off assets. AXENT Technologies reported second quarter 2000 revenues of $34.1 million, compared to $26.4 million last year. Net income was $2.6 million, or $0.09 per share, compared to a loss of $892,000 or $0.03 per share a year ago. The company attributes its success to growth in its vulnerability assessment, intrusion detection, and firewall product lines. BCE, the largest telco in Canada, reported its financial results for the second quarter, its first without results from Nortel Networks included. Revenues increased 12 percent over results from the same quarter in 1999 to C$4.3 billion. Net income, which excludes losses reported by Bell Canada International, were C$309 million, or C$0.45 gain per share, compared to C$292 million, or C$0.42 gain per share. For the second quarter 2000, Broadwing reported revenues of $500 million, a 23-percent increase from revenues of $405 million for the same quarter 1999. A per share loss of $0.15 compared to a $0.62 per share loss in 1999 was recorded as well. These results stem from Broadwing's advancements in Internet-focused business. Additionally, Broadwing announced an additional investment of $44 million in Corvis, an optical equipment maker. In the past, Broadwing had purchased more than $200 million worth of networking gear and bought eight million shares of Corvis stock. Cablevision Systems filed preliminary proxy materials with the Securities and Exchange Commission for a series of Cablevision common stock to be called Rainbow Media Group and to trade as RMG. The Rainbow Media Group will be a tracking stock that will reflect the performance of Rainbow Media's programming assets. CapRock Communications announced that revenues increased 15.1 percent over results from the same quarter in 1999 to $43.2 million. Net loss was $15.8 million, or $0.47 loss per share, compared to a net loss of $1.9 million, or $0.06 loss per share. For the quarter ended June 30, 2000, Charter Communication's revenue grew 9.8-percent to $794.8. Net loss was $196 million, or $0.89 per share, compared to a loss of $377.5 million, or $1.70, in the second quarter 1999. Cisco Systems reported it will invest $3.5 million, through its global Cisco Networking Academy Program, into educational programs in more than half of the world's Least Developed Countries (LDCs). The project will provide students in those countries with the same educational opportunity that students taking the class elsewhere in the world receive, including how to design, build, and maintain computer networks. Cisco claims that the program will enable businesses and governments in these disadvantaged economies to compete in the global Internet Economy, and that it will offer sustainable development in the LDCs and will accelerate their full integration into the world economy. Cisco will work with the United Nations Development Program and United States Agency for International Development's Leland Initiative to extend the Networking Academy program to 24 LDCs. Covad Communications announced that revenues for the second quarter increased more than five-fold over results from the same period the previous year. Revenues were $58.2 million, compared to $10.8 million. Net loss for the quarter was $131.5 million, or $0.86 loss per share, compared to a net loss of $41.9 million, or $0.61 loss per share. The total number of subscriber lines increased 48 percent over the previous quarter to 138,000. For its second quarter ended June 30, 2000, Cox Communications reported revenues of $879.0 million, a 72-percent increase over the reported $509.9 million in revenues for the same period in1999. Net income was $91.2 million, or $0.17 per share, compared to a net income of $505.8 million, or $0.90 per share, last year. Deutsche Telekom said that it will postpone the IPO for its wireless unit, T-Mobile, because of its pending acquisition of VoiceStream Wireless. The stock offering is expected to take place next year. EarthLink reported second quarter results for the period ended June 30, 2000. Revenues were approximately $230.9 million, representing a 41- percent increase over revenues of $163.7 million for the second quarter of 1999. Net loss for the quarter was $35.2 million, or a net loss of $0.29 per share. EchoStar reported total revenue of $646 million for the quarter ended June 30, 2000, compared to $350 million for the corresponding period in 1999. Net loss for the totaled $86 million, or $0.28 per share, compared to $51 million, or $0.20 per share, for 1999. Equant reported that revenues for the second quarter increased 47.3 percent over results from the same quarter in 1999 to $343.8 million. Net loss was $5.3 million, or $0.03 loss per share, compared to $9.8 million, or $0.05 loss per share. General DataComm reported revenues for the third fiscal quarter of 2000 were $41.2 million versus the $42.4 million reported in the third fiscal quarter of 1999. Excluding unique items, there was a net loss for the current quarter of $(9.4) million, or $(0.37) per share, compared to a net loss of $(7.1) million, or $(0.34) per share, in the same period one year ago. Genuity announced that second-quarter revenues increased 62 percent over results from the same quarter in 1999 to $257.9 million. Net loss was $224.7 million, or $0.23 loss per share, compared to $153.3 million, or $0.19 loss per share. For the second quarter 2000, Global Crossing's revenues were $918.4 million, a two-percent drop from $932.7 million in the first quarter of 2000. Quarterly loss was $502.4 million, or 40.61 per share. The company did not provide last year's figures. Net loss for the first quarter was $343.7 million, or a per-share loss of $0.44. Infonet Services announced that revenues for the first fiscal quarter increased 80 percent over results from the same quarter the previous year to $154.2 million. Net income was $7.7 million, or $0.02 gain per share, compared to a net loss of $1.4 million. Intermedia Communications announced that revenues for the first quarter increased 13.6 percent over results from the same quarter in 1999 to $247.4 million. Net loss was $244.2 million, or $4.57 loss per share, compared to $145.9 million, or $2.92 loss per share. Nextel Partners reported that its revenues for the second quarter 2000 increased 344 percent from $5.8 million to $25.7 million. The number of subscribers increased to 121,000 since March 31, 2000, when the number of subscribers was 75,400. Net loss was $79.2 million, compared to a loss of $19.4 million, and loss per share was $0.34 per share, compared to $6.65 per share. NorthEast Optic Network (NEON) announced that revenues for the second quarter increased 236 percent over results from 1999 to $3.5 million. Net loss was $9.1 million, or $0.55 loss per share, compared to a net loss of $6.9, or $0.43 loss per share. NorthPoint Communications announced that revenues for the second quarter were $24.4 million, compared to $2.5 million for the same quarter the previous year. Net loss was $112.1 million, or $0.85 loss per share, compared to net loss of $37.9 million, or $0.44 loss per share. RCN reported that sales for the first quarter increased 18 percent over results from the same quarter the previous year to $79 million. Net loss was $208 million, or $2.45 loss per share, compared to a net loss of $68 million, or $0.98 loss per share. SBC Communications agreed to sell its wireless properties in New Orleans and Baton Rouge, LA to ALLTEL. The sale will resolve spectrum cap and antitrust issues created in the two cities by the proposed joint venture between SBC and BellSouth Communication. The transaction is expected to close later this year. StorageTek reported second quarter 2000 revenues of $512.5 million, compared with second quarter 1999 revenues of $654.4 million. Second quarter 2000 net income was $8.7 million, or $0.09 per share, compared with net income of $27.2 million, or $0.26 per share, for the same period in 1999. Despite a significant drop in revenue and net income between both periods, StorageTek's profits were up $0.07 million, or $0.01 per share. Tele Danmark announced that second-quarter revenues increased 19 percent over results from the same quarter in 1999 to DKK 11 billion. Net income was DKK 901 million, a per-share gain of DKK 4.16, compared to DKK 976 million, or DKK 4.51 gain per share. Teligent announced that revenues for the second quarter increased 700 percent over results from the same quarter a year ago to $32.3 million. Net loss was $164.1 million, or $2.94 loss per share, compared to $123.5 million, or $2.34 loss per share. Telus announced that operating revenue for the second quarter increased 95 percent over results for the previous quarter to C$1.52 billion. Net income was C$164.1 million, or C$0.69 per share, compared to C$134.5 million or C$0.56 gain per share, in the same quarter in 1999. VersaTel reported an increase in second-quarter revenues of 333 percent to 46.5 million euros. Net loss was 90.1 million euros, compared to a net loss of 49.6 million euros. Williams Communications announced that second-quarter revenues increased three percent over results from the same period in 1999 to $515.1 million. Net loss was $3.9 million, or $0.01 loss per share, compared to $123.7 million, or $0.31 loss per share. Legal News The Clinton administration filed a complaint with the World Trade Organization (WTO) against Mexico, saying that Telmex engages in monopolistic practices. The filing with the WTO stems from a complaint filed with the US Trade Representatives Office by AT&T and WorldCom. The two telco argues that Telmex's high interconnection rates and illegal activities prevent them from succeeding in the market there. WorldCom operates in Mexico through its stake in Avantel, and AT&T does business there though its holding in Alestra. AT&T Corporation, the nation's top long distance carrier, filed a lawsuit against ATT&T Incorporated in Delaware for alleged infringement of the 100-year-old "AT&T" trademark, unfair competition, and cyber piracy. In the filing, AT&T Corp. cited that ATT&T Inc. has been selling telephone products for six years using the ATT&T trademark, a move that the IXC claims causes the dilution of its own well-known brand name. AT&T Corporation is asking for an injunction barring further trademark violations and any misleading practices that would indicate that AT&T Inc. is aligned with AT&T Corporation. Additionally, AT&T Corporation is seeking unspecified actual, compensatory, and punitive damages. In January 2000, the Federal Communications Commission gave its approval for Bell Atlantic, now Verizon Communications, to offer long distance in New York. AT&T had challenged the decision of the FCC; but on August 1, 2000, a federal appeals court supported the FCC's decision to allow Verizon to provide long distance in the state. Motorola and eight other telecommunications companies are being sued for $800 million by a Maryland neurologist, Dr. Christopher Newman, who claims that using a cell phone led to a malignant brain tumor. The lawsuit claims that the public was uninformed of the health risks of using a cellular phone because of high levels of radio frequency radiation. Newman seeks $100 million in compensatory damages and $700 million in punitive damages. Other companies and organizations named in the suit are Verizon Communications, Bell Atlantic, Bell Atlantic Mobile, Southwestern Bell Mobile Systems, Washington/Baltimore Cellular, SBC, the Cellular Telecommunications Industry Association, and the Telecommunications Industry Association. Qwest Communications reported that it would file a lawsuit against AT&T for attempting to prevent a former employee from working at Qwest. In July AT&T threatened to sue Qwest and Charles L. Ward, a former AT&T employee, over concerns that Ward would disclose confidential AT&T trade secrets in his new position at Qwest. In response, Qwest said that it would file a counter suit to allow Ward to do his job as vice president of policy and law. Sunwest Communications filed a $1.6-million lawsuit against Qwest Communications, which acquired US WEST in June, in the District Court in El Paso County. According to Sunwest, US WEST failed to provide switch interconnections in a timely manner and failed to make payments required under another agreement. The suit alleges that US WEST connected new customers more quickly if they subscribed to US WEST's services, hindering Sunwest's ability to increase its customer base. Sunwest CEO and President Dan Potter said that his company sent over 300 letters to US WEST outlining individual customers' complaints, but got no response. The Spanish national securities commission ended its investigation into allegations that Telefonica's former president and chairman, Juan Villalonga, was involved in insider trading when the company was on the verge of an alliance with WorldCom in 1998. The commission said that there was insufficient evidence to support the charges. Villalonga resigned amid those rumors and was replaced by Cesar Alierta, chairman of Altadis. A class action lawsuit was filed against WorldCom in California for improperly billing customers for local telephone service for months after they disconnected the service. The non-profit consumer advocacy group Utility Consumers' Action Network (UCAN) filed the suit on behalf of 40,000 residential consumers in the state. Last week, six states filed suits against WorldCom for deceptive advertising tactics, and last month the FCC slapped the IXC with a $3.5-million fine for slamming customers. Personnel and Organizational Changes 3Com completed the separation of Palm through the distribution of all of its 532 million shares of Palm. Cash will be issued in lieu of fractional shares. As a result of the distribution of shares of Palm common stock, Palm is now a fully independent company. AT&T Broadband introduced its new field leadership teams, dividing the entity into Broadband East and Broadband West. In the Broadband West group, Teresa Elder will head a 15-member leadership team. Broadband East will be led by Jim Mazur, who is still looking to fill two vacant positions on his team. BellSouth appointed Donald Kovalevich to the position of president and CEO of BellSouth Wireless Data, replacing J.D. Gardner effective August 21. Kovalevich was the former president and general manager of Houston Cellular Telephone Company. Bharti Enterprises, the largest private telco in India, plans to restructure in order to keep pace with the industry. Bharti separated its services unit, Bharti Telecom, from its manufacturing arm, Bharti Teletech. These two companies were de-merged, and Bharti traded three shares of Teletech for each 10 shares of Telecom in the move. Its international operations were grouped under Bharti Global. The company also said that it plans to begin offering long distance telephony and network services. Cabletron Systems reported that GlobalNetwork Technology Services (GNTS) will be the second of its subsidiaries to file for a public offering. An independent network-consulting firm, GNTS provides network design, application modeling, network optimization, enterprise management, security, and network outsourcing services. GNTS is in the process of scheduling meetings with underwriters, and expects to have selected a team and to have begun the IPO process by the end of August. The company expects to complete the IPO process by the end of the year. Charter Communications promoted Dave Barford to the position of executive vice president and chief operating officer. Barford was the former senior vice president of operations of the western division. Citizens Communications appointed Rudy J. Graf and Scott N. Schneidrer to its board of directors. Comcast recently received the approval of two Maryland jurisdictions, Rockville and Tacoma Park. Both cities unanimously approved Comcast as the new cable television provider. Along with these two cities, Comcast also received approval in Arlington County, Virginia, Montgomery County, Maryland, and the City of Gaithersburg, expanding Comcast's network in the greater Washington, DC region. Comcast is now one of the region's more significant service providers, with 700,000 cable subscribers and 1,500 employees. Computer Associates reported that President and Chief Operating Officer Sanjay Kumar was named President and Chief Executive Officer, taking over the duties of former Chief Executive Officer and CA founder Charles B. Wang. Wang will continue as a Chairman of Computer Associates. Covad Communications appointed Mark Perry CFO. EarthLink reported changes to its board of directors. Sky Dayton, founder of EarthLink and co-founder of eCompanies, will resume the position of chairman of the board of directors, replacing Charles Brewer who resigned as chairman and as director to pursue other interests. Embratel Participacoes appointed Jose Maria Zubiria as chief financial officer. Intermedia Communications appointed Dave Howe as Senior Vice President for Customer Service Delivery and Operations. Qwest Communications named Ross B. Lau president of international business. Lau will be responsible for leading Qwest's global expansion efforts into new markets, including the Pacific Rim. Most recently, Lau served as president and COO for service provider solutions in Asia for Nortel Networks. Also, Qwest Communications unveiled plans consolidating its data technology centers in Colorado, Texas, and Ohio into a single center in Omaha, Nebraska. The existing centers will be phased out over the next two years and employees in those centers will be allowed to continue working for the company in other roles. The project is expected to cost $40 million. Finally, less than two months after acquiring US WEST, Qwest Communications announced that it may cut up to 4000 jobs, representing about five percent of the work force, by the end of the year. Qwest spokesperson Tyler Gronbach reported that most cuts would come at the corporate level in such departments as finance, legal, and communications where there is now duplicated staff. Gronbach said that he did not know how many people have been laid off since the merger closed in June. Qwest CEO Joe Nacchio said that the ultimate goal would be a revenue-to-employee ratio of about $350,000 by the end of 2001. Trend Micro reported that Allan Thompson was appointed Vice President of North American Marketing. Mr. Thompson will be responsible for Trend's overall marketing strategy, branding, and program implementation in the US and Canada. He will remain a senior vice president in charge of the Global Alliances group. Vodafone AirTouch changed its name to Vodafone Group. The company is listed on the NYSE under the symbol VOD. The name change comes after AirTouch was combined with Bell Atlantic Mobile to create Verizon Wireless. ---------- Com-Flash is a biweekly news summary for Faulkner subscribers For information about your subscription call Faulkner at (800) 843-0460 or (856) 662-2070 fax: (856) 662-0905 e-mail: faulkner@faulkner.com Visit FaulknerWeb at http://www.faulkner.com/ Faulkner Information Services 114 Cooper Center 7905 Browning Road Pennsauken, New Jersey 08109 Copyright 2000. Faulkner Information Services. _ Should you have any questions, concerns or problems with your flash, please contact us at: mailto:flash@faulkner.com ---------- End Forwarded Message ----------
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