ADT 1999 Annual Report Download - page 6

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5
In Eatontown, New Jersey, Tyco engineers concentrate on increasing the parameters of transoceanic systems that will be implemented
in future years. Tyco’s commitment to advanced research is unique in the undersea fiber optic telecommunications cable business.
a $900 million world leader in automotive and telecommunica-
tions electronics technology.
Fiscal 1999 was a milestone year for Tyco
Submarine Systems Ltd. (TSSL). As demand for Internet con-
nections and broadband access continued to explode, TSSL’s
year-end backlog increased to a record $3.5 billion and its glob-
al market share surpassed
50 percent. In addition, Tyco became the first undersea network
supplier—via TSSL—to make an equity investment in telecom-
munications infrastructure by supporting the development of
Worldwide Fiber’s trans-Atlantic Hibernia cable. The demand for
TSSL’s products and expert services is off the charts! To help
meet this accelerating demand, we acquired Temasa, the
undersea cable installation division of Telefonica, whose key
assets include three cable ships that we added to our fleet
of eight vessels installing and maintaining fiber optic cables
throughout the world. We also became the first company ever to
develop the capacity for transoceanic transmission at speeds of
640 gigabits per second over a single fiber—the equivalent of
10 million simultaneous voice circuits. To assure that our tech-
nology remains the best in its class, we built a new, state-of-the-
art research facility in Eatontown, New Jersey. We also added a
manufacturing facility in Exeter, New Hampshire, to increase our
undersea cable electronics capacity.
With these achievements, the future of undersea fiber
optics is particularly promising, and our company is better
positioned to take advantage of the market opportunity than
ever before.