By silicon.com, 4 November 2003 16:05
NEWS 04.11.98: The first Internet Protocol network to stretch right across the US was launched yesterday by an unexpected player - water company, Enron.
The company's communications subsidiary announced that Cisco and Ciena would provide the architecture for its high-speed network.
So far, Enron is underway on the Western side of its national network. Joe Hirko, CEO and president of Enron Communications, said that the fibres would be lit next year.
He added that Cisco's 12000GB Switch Routers and Ciena's MultiWave Sentry 4000 Dense Wave Division Multiplexing would bring video to desktops right across the US.
04.11.03: Oh, so maybe it's a cheap shot picking this one, but we couldn't help it. Back in 1998 Enron was huge and making moves in all kinds of new markets... it could apparently do no wrong. Certainly its accounts all looked very healthy.
But what a difference five years makes. By the new millennium things had taken a definite turn for the worse at the utility giant. The shredders were working overtime in 2002 and the company was embroiled in an ultimately fatal accounting scandal, the repercussions of which are still felt to this day.
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