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America's Network, Feb 1, 2001
Kansas City, Mo.
Sprint Corp. announces a data center expansion strategy. The company plans to build and complete 11 data centers by the end of the year. Each data center offers a variety of services from colocation to application support.
Wichita, Kan.
Waitt Radio Inc. buys 14 radio stations in central and western Kansas from Goodstar Broadcasting of Wichita. KGNO-AM of Dodge City; KOLS-FM and KRPH-FM of Dodge City and Garden City; KXXX-AM and KQLS-FM of Colby; KFNF-FM of Oberlin; KSLS-FM and KYUU-AM of Liberal; KZLS-FM of Great Bend; KGLS-FM of Hutchinson; KWLS-AM of Pratt; KILS-FM of Salina; and KGTR-FM and KNNS-AM of Larned are the stations included in the purchase. Waitt Radio assumes day-to-day operations. The sale is pending FCC approval.
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San Jose, Calif.
ANDA Networks wins a $9 million contract with ADC Telecommunications. Under the terms of the agreement both companies will co-market products for delivering voice and data solutions such as VoDSL, VoATM and IP services.
Santa Clara, calif.
Extreme Networks pays $80 million for Optranet, a high-speed Internet protocol services provider. Extreme exchanges 2 million of its common shares for Optranet's outstanding stock. The company is a next-generation (Layer 3) switch provider.
Santa Monica, Calif.
Adelphia Communications acquires the cable television systems of Comcast. With the acquisition the company gains 375,000 customers in more than 30 communities in Ventura, Los Angeles, Orange and San Bernardino counties. Adelphia provides high-speed Internet access, long-distance telephone service and personal paging.
Costa Mesa, Calif.
Former Internet Wire employee Mark S. Jacob signs an agreement accepting one count of wire fraud and two counts of securities fraud. Jacobs manipulated the price of Emulex shares by distributing a false release and earned $241,000 by trading shares in the company. Shares of Emulex, a data storage equipment manufacturer, fell 62% last August. He faces a sentence of 46 months and $110 million in restitution to Emulex.
Denver
Another DSL company shuts down shop. Jato Communications closes its doors, laying off 575 employees. Lucent Technologies, the Mayfield Fund, Crest Communications Partners, CEA Capital Partners, ABN AMRO Capital and TCI Satellite Entertainment were the company's investors.
Mexico City
Telefonica, a Spanish telecom company, purchases a 49% share of mobile phone operator Unefon. Unefon is owned by Ricardo Salinas Pliego of TV Azteca and Moises Saba, a columnist for the Reforma newspaper. In the last several months both owners have shopped the company to foreign buyers.
Toronto
Canada's Telus Corp. files a notice of motion with the Federal Court of Appeal to appeal the decision of the Canadian Radio-Television and Telecommunications Commission. Telus argues against a subsidy expected to have an impact on Telus beginning in 2002.
Salem, N.H.
Octave Communications signs a $20 million contract with British Telecommunications. Under the two-year contract, BT agrees to purchase Octave's OCI 1000 conferencing systems. Octave delivers next-generation audio and multimedia conferencing platforms to CLECs, ISPs and ASPs.
Boston
Nortel Networks wins a $320 million contract from T-Mobile International, a subsidiary of Deutsche Telekom. As part of the agreement, Nortel deploys the core IP network and a portion of the radio access infrastructure for T-Mobile's 3G UMTS networks.
New York
AT&T Wireless Services signs a letter of intent to purchase Nortel Network's IP infrastructure equipment. Under the agreement, Nortel Networks works with AT&T Wireless on the creation of an application lab focusing on the development and integration of wireless Internet services. The network will enhance the 3G global wireless standard.
Washington, D.C.
* Before leaving his post, President Bill Clinton appoints Susan Ness to the FCC for one more term. Ness was named to her first five-year term in 1994.
* Anteon Corp. wins a $83.5 million contract from the Office of Assistant Secretary of the Air Force for Acquisition Technical (ASAF/AQ) and the analytical support sector (SAFTAS) to provide a range of professional services. Anteon provides information technology to the federal government, commercial and international markets.
* The FCC announces the first 225 eligible participants for radio licenses. Twenty non-commercial stations in 30 states receive construction permits. The FCC says applicants obtain permits only if low-power stations protect current FM and FM translator stations.
* The AeA (American Electronics Association) reveals the nation's top Cybercities in a 135-page report, Cybercities: A City by City Overview of the High-Technology Industry. San Jose tops the list with 252,900 high-tech workers followed by Boston (234,800), Washington, D.C. (177,700) and Dallas (176,600). The cities with the highest high-tech employment grow rates in the last five years are Colorado Springs (77%), San Francisco (65%), Houston (64%), Denver (63%) and Sacramento (57%).
The high-tech industry added 1.1 million new jobs nationally since 1993, or 8% of the 13.8 million jobs created by the US private sector in the same span.
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