CIENA Announces AT&T Decision re 40 Channel Testing
Linthicum, MD — 08/21/1998Ciena Corporation (NASDAQ: CIEN) today announced that it had been informed this morning by AT&T that AT&T will not pursue further evaluation of Ciena's DWDM systems.
In view of the timing of AT&T's decision, Ciena will adjourn its pending stockholder meeting, scheduled for today, at which stockholders are to vote on the proposed merger with Tellabs, Inc. The stockholder meeting will be reconvened on Wednesday, September 9 at 11:00 am Eastern time, at the Company's Linthicum offices.
The Company indicated it would have further comment soon, but wanted to disseminate news of the decision promptly
About Ciena
Ciena specializes in network transition. We provide the flexible platforms, intelligent software and professional services to build converged networks for enhanced services and applications. With a growing global presence, Ciena leverages its heritage of practical innovation to deliver maximum performance and economic value in communications networks worldwide. For more information, visit www.ciena.com.
Ciena specializes in network transition. We provide the flexible platforms, intelligent software and professional services to build converged networks for enhanced services and applications. With a growing global presence, Ciena leverages its heritage of practical innovation to deliver maximum performance and economic value in communications networks worldwide. For more information, visit www.ciena.com.
Press Contacts:
Nicole Anderson
Ciena Corporation
(877) 857 -7377
pr@ciena.com
Nicole Anderson
Ciena Corporation
(877) 857 -7377
pr@ciena.com
Investor Contacts:
Marie Downing
Ciena Corporation
(888) 243-6223
ir@ciena.com
Marie Downing
Ciena Corporation
(888) 243-6223
ir@ciena.com
