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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Monitise | LSE:MONI | London | Ordinary Share | GB00B1YMRB82 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 3.09 | 3.08 | 3.09 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
RNS Number:1055U Marconi Corporation PLC 12 January 2004 Press enquiries: Joe Kelly tel: +44 207 306 1771; email: joe.kelly@marconi.com David Beck tel: +44 207 306 1490; email: david.beck@marconi.com Investor enquiries: Heather Green tel: + 44 207 306 1735; email: heather.green@marconi.com MARCONI CORPORATION SUPPLIES TELIASONERA WITH NEW FLEXIBLE NEXT GENERATION NETWORK PLATFORM Scandinavian Carrier Looks to Reduce Capex and Opex by using Marconi's latest technology London - 12th January, 2004 - Marconi Corporation (London: MONI and Nasdaq: MRCIY) today announced that TeliaSonera, the leading Scandinavian network operator, is deploying its new optical core solution which integrates Marconi's new family of Multihaul Dense Wavelength Division Multiplexing (DWDM) equipment, its Optical Core Switches, including its MSH2K, and Automatic Switched Transport Network control (ASTN). The multimillion Euro frame contract will improve further TeliaSonera's ability to handle increasing levels of network traffic and will reduce the cost of building and running the network. At the heart of the Marconi solution is its SmartPhotoniX Multihaul platform, part of Marconi's next generation network portfolio. It is a future proof multiservice DWDM platform, designed to support new network services while reducing operating costs. Marconi's optical core switch platform supports an unrestricted mix of Synchronous Digital Hierarchy (SDH) and Optical Data Units (ODU) switching, and a distributed ASTN control-plane, reducing planning and capacity management costs. Marconi's solution also covers system maintenance and a common network management system. "TeliaSonera's high capacity circuit requirements have presented a range of challenges that we are proud to have met," said Mike Parton, Marconi chief executive: "Carriers are increasingly turning to experts such as Marconi to find innovative ways to cut overheads and future-proof their networks to cope with ever-growing data loads." ENDS/... Notes to Editors About Marconi's new Optical Core Switches Marconi's new optical core switches are unique in their ability to support an unrestricted mix of SDH and OTN switching in a single switch fabric. The optical core switch platform scales from 80Gbit/s up to multi-terabits. The switching capability is complemented by a distributed ASTN control-plane. This reduces planning and capacity management costs and provides networks with self-healing capabilities. Self-healing networks are able to reconfigure themselves in the event of failure or damage to multiple network nodes as result of equipment faults, natural disasters or deliberate attack. Under more routine conditions, the control plane optimises traffic flow automatically across the network, reducing the cost-per bit of information transferred. It does this with less equipment than previous generation technologies and with simpler management, installation and commissioning features such as "plug and play". About Marconi Corporation plc Marconi Corporation plc is a global telecommunications equipment, services and solutions company. The company's core business is the provision of innovative and reliable optical networks, broadband routing and switching and broadband access technologies and services. The company's customer base includes many of the world's largest telecommunications operators. The company is listed on the London Stock Exchange under the symbol MONI and on Nasdaq under the ticker MRCIY. Additional information about Marconi Corporation can be found at www.marconi.com. Copyright (c) 2004 Marconi Corporation plc. All rights reserved. All brands or product names are trademarks of their respective holders. This press release contains forward-looking statements with respect to products, partners, customers, future growth and other matters. Please refer to the Form 20-F report, Form 10Q Reports and Form 8-K reports filed by Marconi Corporation plc with the United States Securities and Exchange Commission for a discussion of risks that could cause actual results to differ materially from such statements. This information is provided by RNS The company news service from the London Stock Exchange END AGRUUUARSKRAAAR
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