An Optical Race with No Winners -- For Now

Nortel, Lucent, and Alcatel are building 40-gigabit networking systems that offer more capacity than most customers currently clamor for

When Nortel Networks (NT ) came out with the fastest ever optical system in 1996, the rollout elicited nothing more than a shrug from executives at chief competitor Lucent Technologies (LU ). Less-advanced systems weren't even close to capacity yet, they figured.

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