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Home > Company Index > Telecommunications > Communication Processing Equipment > Marconi Communications

Marconi Communications
 NEWS FROM THE STANDARD
Japan's Vending Machines Want to Talk to You
Apr 02 2001 11:04 AM PDT

Calient Raises $225 Million
Jan 12 2001 12:04 PM PST

 PROFILE
Inventor Guglielmo Marconi would be proud of his namesake. Marconi Communications, the largest segment of electronics giant Marconi, makes communications equipment and provides networking services. Its equipment connects optical networks, increases network bandwidth, and provides network and wireless access. The group's services unit designs, integrates, operates, and tests networks, manages projects, and offers maintenance, consulting, and training. Customers include telephone, cable TV, and wireless providers in Asia, Europe, North America, and South Africa. Marconi has sold its military communications business and relocated the headquarters of Marconi Communications to the US.

 COMPETITION
ADC Telecommunications, Inc. (ADCT)
Lucent Technologies Inc. (LU)
Nortel Networks Corporation (NT)

 DEALS
Deal: Marconi Acquires Nokia's SDH/DWDM Transport Equipment Business
Date Announced: 11.01.99
Value of transaction (US $Mil): 76
Description: GE subsidiary Marconi will pay equivalent of $76.3 million in cash on completion of acquisition.

 FINANCIAL OVERVIEW
Fiscal Year-End: March
1999 Sales (mil.): 2,997.00
1-Yr. Sales Growth: 4.2%

 KEY PEOPLE
• M.W.J. Parton
    CEO
• David Marsden
    CFO

 CONTACT INFO
1000 FORE Dr.
Warrendale, PA 15086
US
Phone: 724-742-4444
Fax: 724-742-7700

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