Belgian Federal Public Service Finance Chooses Cisco Systems and Alcatel Continues to Lead the DSL Market10 October 2005
Internet Software and Services industry news provided by Financial News USA (OTC: FNWU) Cisco SystemsŪ (NASDAQ:CSCO) recently announced it has created a converged data and telephone network providing 4,000 civil servants in the Belgian Federal Public Service Finance with a more efficient working environment based on Internet Protocol technology. The project, managed jointly with IBM, represents one of the biggest telephony tenders in Belgium within half a decade. Nortel Networks Corp. (NYSE:NT) has taken its lumps to win a toehold in India's highly competitive market, but the telecom equipment supplier is poised to benefit from those growing pains, its CEO said on Thursday. Alcatel (NYSE:ALA) recently announced that it has passed a major milestone, having cumulatively shipped more than 70 million digital subscriber lines (DSL) to customers worldwide. This achievement represents a 40% increase over the 50 million lines cumulative milestone that Alcatel announced last year at the Broadband World Forum in Venice. Alcatel's broadband access market leadership position is more than three times that of its nearest competitor. Diamond I, Inc. (OTC BB: DMOI) is new to StockMarketNewsAlert.com. According to D. Baker at First Equity Group, Inc., ``Recent news flow from the company has been very positive. Diamond I Inc., a developer of wireless gaming products, today advised that the Nevada Gaming Commission had published proposed regulations to implement the requirements of Nevada Law AB471, which authorizes the use of mobile communication devices, such as Diamond I's WifiCasino GS(tm) wireless gaming system, for gaming in public areas in Nevada casinos.'' About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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