Advanced Radio Telecom CEO Henry Hirsch Talks to The Wall Street Transcript.NEW YORK--(BUSINESS WIRE)--Nov. 17, 1998--The Wall Street Transcript has published an in-depth interview with Henry C. (Harry) Hirsch of Advanced Radio Telecom (Nasdaq: ARTT ARTT, n.pr See asymmetry/range of motion alteration/tissue texture alteration/tenderness. ), in which he talks at length about his company, a facilities-based broadband Internet See broadband. Service Provider (ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. ). He explains, "Today we are a company that has changed its strategy. We're going to build on the assets that were created by the company in the past. We've got the right strategy, and a top-notch group of people. We are moving as quickly as possible because we know that time is of the essence A phrase in a contract that means that performance by one party at or within the period specified in the contract is necessary to enable that party to require performance by the other party. Failure to act within the time required constitutes a breach of the contract. . We've built our own ISP platform and are providing high-speed dedicated internet services. Our beta test A test of new or revised hardware or software that is performed by users at their facilities under normal operating conditions. Beta testing follows alpha testing. Vendors of packaged software often offer their customers the opportunity of beta testing new releases or versions, and the went very well and we have initiated commercial service here in Seattle." He says, "We have a wonderful partnership with Lucent Technologies, whereby Lucent is going to be the total network systems integrator for ART. This means we don't have to be preoccupied with building a network, and that we've reduced the execution risk of building out our network." He adds, "The biggest advantage we have in using wireless technology is that you get the capacity and quality of fiber transmission, from a wireless path engineered to 99.999 percent reliability. We are engaged in an educational process to make sure people understand the benefits of broadband wireless See wireless broadband. technology." He says, "My long-term vision for ART is that it becomes a new overlay network A logical network that runs on top of another network. For example, peer-to-peer networks are overlay networks on the Internet. They use their own addressing system for determining how files are distributed and accessed, which provides a layer on top of the Internet's IP addressing. , combining broadband wireless with fiber technology. This will position the company to provide a full range of broadband communications and advanced applications to the vast majority of the commercial businesses in this country. No one can do that today. It is a wonderful opportunity for ART." To read the complete interview, go to http://www.twst.com/pdf/artt.pdf. It requires Adobe Acrobat(tm) reader to view the document. The Wall Street Transcript does not endorse the views of any interviewee nor does it make stock recommendations. The Wall Street Transcript is a premier weekly investment publication serving serious long-term investors for over 35 years. The Transcript publishes industry roundtables and interviews with Wall Street analysts, money managers, and company CEOs, and is read by top money managers, bankers, and individual investors. For subscription information call (800) 246-7673. |
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