Comcast Corp. has chosen Cisco Systems Inc. and Nortel Networks Corp. to provide it with hardware and software for a national network it is building to service its cable-television, Internet and phone customers...
Comcast Corp. has chosen Cisco Systems Inc. and Nortel Networks Corp. to provide it with hardware and software for a national network it is building to service its cable-television, Internet and phone customers. Recent Company News » Cisco Systems Inc.» Comcast Corp.» Nortel Networks Corp. Latest News » Townhomes, condos, retail part of Lazarus revamp » Comcast recruits Cisco and Nortel for network » S&T Bank buys insurance firm
Comcast (NASDAQ: CMCSA, CMCSK) also wants Cisco (NASDAQ: CSCO) and Nortel (NYSE: NT) to be the first companies to work with it on its Open Transport Initiative, which has two purposes: to develop a single method for managing optical networks -- such as the one Comcast is building -- that use the Internet protocol means of data transmission; and to improve compatibility of the equipment made by various vendors that is used on those types of networks.
