Announces In-service Launch of 1 Tbps System On Second Fibre
separately announced a European hosting and co-location agreement with Network Solutions, a VeriSign company and the leading provider of Internet locator services and the infrastructure that propagates this information throughout the Internet.
With CIENA's CoreStream systems, GTS
will realize the fast service delivery that CIENA's intelligent network management and reliability bring to the extensive GTS
Winner of the prestigious World Communications Award for Best Wholesale Carrier in October 1999 and the ECTA award for Best New Carrier in November 1999, GTS
operates the first and currently most extensive trans-European broadband fiber network with points of presence (PoPs) in over 50 European cities and stretching across more than 16,000 route kilometers.
Under the terms of the agreement, GTS
will deliver an Optical Sub-Network (or "wavelength"), providing 2.
operates the first and most extensive trans-European broadband fiber network today, with network points of presence in over 24 European cities and stretching across more than 15,000 route kilometers.
The network at GTS
is an example of the ongoing collaboration between Cisco Systems and CIENA, bringing together the best in DWDM-based optical networks and GSR technology.
data and web hosting center services will include secure server co-location, dedicated and shared web hosting and support interactive client e-business with end users.
89 shares of GTS
for each Esprit Telecom American Depositary Share (ADS).
The day-to-day business operations of Ebone and GTS
Central Europe will not be involved in these proceedings; the only debt to be restructured under the proposed acquisition and restructuring will be GTS
's and GTS
Europe's publicly traded bond debt.
") (OTC: GTLS; NASDAQ EUROPE: GTSG; Frankfurt: GTS) reported today that the New York Stock Exchange's Review Committee has upheld the Exchange staff's 1 June 2001 decision to suspend the trading of GTS
shares and seek from the SEC a de-listing of GTS
shares on the Exchange.
") (OTC: GTLS; NASDAQ EUROPE: GTSG; Frankfurt: GTS) announced today that representatives of informal committees representing holders of public debt and preferred stock securities issued by GTS
and its Global TeleSystems Europe BV ("GTS
Europe") subsidiary have retained independent advisors; the advisors have begun their due diligence investigations, and GTS
plans to make a formal recapitalisation proposal to these representatives in the near future.