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Last updated on February 11, 2012 at 7:30 EST

Fujitsu Gets Optical Systems Order from Verizon

June 24, 2003

Tokyo, June 24 (Jiji Press)–Fujitsu Ltd. has won an order from U.S. telecommunications operator Verizon Communications Inc. for next-generation optical transmission systems, company officials said Tuesday.

Fujitsu’s transmission systems will be used for an ultra high- speed optical network called SONET, or synchronous optical network. The deal is estimated to be worth up to 100 billion yen.

Fujitsu currently has a 30 pct share of the North American market for such systems.