Stock Watch – Investors Take Breather

Posted: 07/2000 Investors Take Breather Light volume characterized the market at the end of our session as investors waited on the sidelines until after the Federal Reserve’s policy meeting, with techs and other stocks battered despite some positive earnings reports. But stocks rebounded on the last day of our session (May 15) with Wall Street […]

Business News – WinStar Expands Fiber Capacity Through MetroMedia Agreement

Posted: 12/1999 WinStar Expands Fiber Capacity Through MetroMedia Agreement New York-based WinStar Communications Inc. has entered into an agreement with MetroMedia Fiber Network, White Plains, N.Y., to obtain dark fiber capacity in 38 major markets in the United States and three major international markets. The broadband communications provider will pay about $300 million over 20 […]

Fiber Buildout Boom Continues

Posted: 09/1998 Fiber Buildout Boom Continues By Peter Meade Think "real estate" is the tip for the slew of long distance carriers that have made recent announcements about buildouts of their fiber optic networks. Image: Frontier "Optronics" Network Completion Schedule The market for building fiber networks has a lot of parallels with the real estate […]

Metromedia, Racal Form Trans-Atlantic Venture

Posted: 05/1998 Metromedia, Racal Form Trans-Atlantic Venture By Ken Branson Metromedia Fiber Networks Inc. and Racal Telecom Ltd. have taken the trans-Atlantic plunge, each hoping to reach new customers on the other’s side of the ocean. The companies have given birth to International Optical Network LLC (ION), which they will jointly own. ION will pull […]

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