Lucent to launch online video network

Lucent Technologies will launch the first video network designed strictly for the Internet.

The new venture, GeoVideo Networks, Inc., will deliver HDTV-quality, real-time bi-directional Internet Protocol video over an international fiber network for business-to-business functions, the company said.

The network will allow business users to send and receive real-time video, with consumer services, including video-on-demand and electronic cinema, available in the near future.

The story can be found at www.zdnn.com.