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"Today any player with fiber assets, will enjoy the halo effect," she said.
"Global Crossing has brand-new fiber assets, while HKT and Telstra have older undersea cable," said Greg Feldberg, the head of Internet and telecommunications research at Indosuez W. I. Carr Securities here.
It will contribute its fiber cable and copper telephone-cable assets to the venture and own 50.1percentt of it, while Alcatel will bring in its optical fiber assets and own the remaining 49.9percentthethe companies said.
Owns fiber assets and a Bell, U S West.
With construction of wireless tower and fiber assets, the company is competing against much better capitalized American Tower Corp AMTT).
Similar(55)
Shouldn't Enron's top management or its auditors have sought the identity of the buyers who so overpaid for the fiber asset?
He didn't have to try to sell the fiber optic assets to himself.
With the purchase, Level 3 reacquires fiber optic assets it sold in October 2000.
That's why it would be a surprise if the sale of Sprint's Internet operation did not include at least some fiber optic assets.
The Williams Communications Group, which is weighing bankruptcy protection, said yesterday that its former corporate parent would provide the $750 million it needed to buy fiber optic assets.
In February, Verizon announced it had purchased the fiber optic assets of XO Communications for $1.8 billion, opening the door for Verizon to expand into dozens of new markets.
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