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CORNING INC., Corning, N.Y., plans to hire 200 more people at its Photonics Technology plant, in Erwin, N.Y., which produces optical fiber equipment.
If the science foundation decides that a fiber link can be established, Mr. Roy expects that any network will be built by a consortium of companies using both custom-made fiber equipment and special cable-laying machinery.
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Separately, the fiber optic equipment maker Corning said it would make optical equipment incorporating Cisco gear based on an Internet protocol that breaks data into packets for transmission.
The Corvis Corporation, a maker of fiber optic equipment, has agreed to buy Dorsal Networks for $90.4 million in stock to expand in the market for equipment used in underwater cables.
The Ciena Corporation, which makes fiber optic equipment, said it had fiscal third-quarter sales of $75 million, missing its forecast because of slowing sales of Internet equipment.
The boxes house electronic and fiber optic equipment for Time Warner Cable.
The maker of fiber optic equipment parts cited slowing demand for telecommunications gear.
Worries about Cisco spilled over into shares of fiber optic equipment makers.
Major customers for Nortel's switches and fiber optic equipment came under financial strain and slowed their purchases.
He has been scooping up beleaguered shares of Micron Technology, a semiconductor maker; New Focus, a fiber optics equipment maker; and Lucent Technologies.
The Ciena Corporation, the nation's second-largest maker of fiber optic equipment, reached its first supply agreement with AT&T.
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