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In March 2000, its stock reached a price $1,305 per share, but by 2002 the price had declined to $2 a share. [4] Blue Coat Systems (formerly CacheFlow): Its stock price rose over 400% on its first day of trading in November 1999. Boo.com: An online clothing retailer, it spent $188 million in just six months. It filed for bankruptcy in May 2000. [5]
The first chapter tells the story of a $300 million project from Spread Networks that was underway in mid-2009—the construction of an 827-mile (1,331 km) fiber-optic cable that cuts straight through mountains and rivers from Chicago to New Jersey—with the sole goal of reducing the transmission time for data from 17 to 13 milliseconds. [6]
Spread Networks is a company founded by Dan Spivey and backed by James L. Barksdale (former CEO of Netscape) that claims to offer Internet connectivity between Chicago and New York City at ultra-low latency (i.e. speeds that are very close to the speed of light), high bandwidth, and high reliability, using dark fiber.
The city of San Francisco, California has released a feasibility study for government and public broadband via fiber optics. This was the result of San Francisco supervisors' vote to adopt a resolution to encourage certain city departments to consider installing FTTP for use primarily in city operations.
Lightower Fiber Networks, founded in 2006, was a provider of telecommunications and IT services. It offered cloud computing, colocation hosting, and connectivity. It offered cloud computing, colocation hosting, and connectivity.
Coherent Corp (NYSE:COHR) stock is trading higher Monday after BofA Securities analyst Vivek Arya upgraded the stock rating from Neutral to Buy with a price target of $75, up from $65. Arya ...
Lucent Technologies, Inc. was an American multinational telecommunications equipment company headquartered in Murray Hill, New Jersey.It was established on September 30, 1996, through the divestiture of the former AT&T Technologies business unit of AT&T Corporation, which included Western Electric and Bell Labs.
Northwest Fiber, LLC, doing business as Ziply Fiber, is an American telecommunications company based in Kirkland, Washington. Owned by WaveDivision Capital, the company operates fiber-optic broadband services in the Pacific Northwest , serving 1.3 million residential and business customers in Washington , Oregon , Idaho and Montana . [ 1 ]