Advanced Fibre Communications -- Springing a Surprise on the Local Loop, The Telecomm Analyst News.Business Editors NEW YORK--(BUSINESS WIRE)--May 17, 2000 Advanced Fibre Communications (Nasdaq:AFCI AFCI Association of Film Commissioners International AFCI Arc Fault Circuit Interrupter AFCI Advanced Fibre Communications, Inc AFCI Acupuncture Foundation of Canada Institute (Institut de la Fondation d'Acupuncture du Canada) ) shareholders have reason to smile, as this company's March quarter earnings topped analyst expectations. It has accumulated an impressive customer list spanning different telecomm sectors. Sales to SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002. Communications (NYSE NYSE See: New York Stock Exchange :SBC), which is undergoing a major DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary rollout under its "Project Pronto," give Advanced Fibre a major stake in the Baby Bell part of the market. Winstar (Nasdaq:WCII) is an important customer in the CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) market segment. (CLECs, competitive local exchange carriers, are independent phone companies that compete with the Baby Bells.) Sprint Fon Group (NYSE:FON) gives Advanced Fibre an important position in the wireless area. And Tellabs (Nasdaq:TLAB) provides Advanced Fibre with a toehold in the cable telephony market. To find out more about this week's Analyst's Insider Trading Alert, read the article in Multex.com's The Telecomm Analyst(sm), http://www.telecommanalyst.com/individual/000509sections/numbers.html. Companies profiled: Advanced Fibre Communications (Nasdaq:AFCI) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=afci SBC Communications (NYSE:SBC) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=sbc Winstar (Nasdaq:WCII) http://www.multexinvestor.com/af001215/tickersearch.asp?Ticker=wcii |
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