*** Feds Announce Global Network Telecom Contracts ***
In a windfall for telecom equipment and transport companies, the federal government this morning awarded lucrative contracts to build a global optical network.
Dubbed Global Information Grid Bandwidth Expansion (GigBe), the initiative will establish an optical network providing high-speed Internet protocol (define) services to approximately 100 facilities in the United States, the Pacific and Europe.
GigBe will operate at 10 gigabits per second (Gbps), supporting voice, data, video, and transport services. It will require large orders for core and edge routers, multi-service provisioning platforms, optical transport systems; and optical digital crossconnects.
"The Gig-Be program expects to purchase an estimated $260 million of equipment to support Gig-Be implementation over the next two years," DISA spokeswoman Betsy Flood told internetnews.com.