ADVISORY/Zhone Technologies Hosts Seminar in Austin on FCC Regulatory Changes; Discussion Targets Key Issues Facing Carriers as a Result of the 1996 Telecommunications Act.Business Editors/High-Tech Writers ADVISORY...for Wednesday (Aug. 30) --(BUSINESS WIRE) WHO & WHAT: Zhone Technologies, Inc., the first company dedicated to building comprehensive delivery solutions for voice, data, and content services, will be presenting a free seminar in Austin, TX, on August 30, 2000. The series will address recent FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. regulatory changes that affect the business models of carriers nationwide. The event is the thirteenth in a series of 16 seminars that will take place throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , culminating in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , in September 2000, and is sponsored by the Association for Local Telecommunications Services (ALTS ALTS Association for Local Telecommunications Services ALTS Aarhus Lawn Tennis Selskab (Denmark) ALTS Annotated Labeled Transition System ALTS Analogue Line Terminating Subsystem ALTS Automatic Laser Tracking System ) and X-Change Magazine. Series hosts are Zhone Technologies, and Kelley Drye and Warren LLP LLP - Lower Layer Protocol , a leading law firm for the telecommunications industry. The seminar will discuss key issues facing carriers as a result of the 1996 Telecommunications Act, including its effect on network planning for CLECs. WHERE & WHEN: Wednesday, August 30, 2000 8:00 AM - 12:00 PM Four Seasons 98 San Jacinto Boulevard, Austin, TX To register call 1-800-290-1046 or visit www.zhone.com/seminars BACKGROUND: Founded in September 1999 and based in Oakland, Calif., Zhone Technologies is a new breed of equipment provider with a new vision of product development, delivery, and support for telecommunications carriers worldwide. Starting with an unprecedented $500 million in funding, Zhone's strategy is to combine existing solutions with Zhone intellectual property to create a product portfolio that is purpose-built to cost effectively supply multi-million-user, next-generation networks with a rich array of voice, video, Internet, and entertainment services. The company was founded by the senior management team that grew telecommunications pioneer Ascend Communications, Inc., from its startup roots to the multi-billion-dollar company acquired by Lucent Technologies (NYSE NYSE See: New York Stock Exchange :LU) in September 1999. Zhone's initial investors include Kohlberg Kravis Roberts Kohlberg Kravis Roberts & Co (commonly referred to as KKR) is a New York City-based private equity firm that focuses primarily on late-stage leveraged buyouts. It was founded in 1976 by Jerome Kohlberg, Jr., and cousins Henry Kravis and George R. & Co., Texas Pacific Group, and New Enterprise Associates. For more information about Zhone, consult the company Website at www.zhone.com. |
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