CISCO TO SELL $1 BILLION OF TELECOM GEAR TO SBC.SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications will purchase in excess of $1 billion of telecommunication equipment from Cisco Systems “Cisco” redirects here. For other uses, see Cisco (disambiguation). Cisco System,Inc. (NASDAQ: CSCO, HKSE: 4333 ) is an American multinational corporation with 54,000 employees and annual revenue of US $28.48 billion as of 2006. , Inc., over the next 24 months in order to provided high-speed Internet access through digital-subscriber lines (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ). The service will be offered in the five Midwestern states formerly served by Ameritech Corp., acquired by SBC last year. SBC will offer customers a variety of data services including dedicated high-speed links between cities using the Cisco equipment, and Cisco will in turn cooperate in steering business to the SBC network. SBC Communications, a Baby Bell company, is the first to use Cisco equipment for this purpose. Baby Bells The nickname given to the regional Bell operating companies after Divestiture in 1984. See Bell System and RBOC. have primarily purchased equipment from Alcatel SA of France for its DSL offering. Analysts suggested that this was a major coup for Cisco and potentially will have a competitive impact on Alcatel which has a commanding 56% share of the market for DSL equipment. |
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