Advanced Radio Telecom and BaneTele Announce Plans to Build Next Generation End-to-End IP Network in Norway.Business/High Tech Editors BELLEVUE, Wash.--(BUSINESS WIRE)--June 8, 2000 ART Nordic A.B, a subsidiary of Advanced Radio Telecom Corp. (ART) (Nasdaq:ARTT ARTT, n.pr See asymmetry/range of motion alteration/tissue texture alteration/tenderness. ), and BaneTele, the Norwegian government sponsored backbone carrier, announced today the intent to cooperate in building a next generation end-to-end IP network within Norway utilizing ART Nordic broadband wireless See wireless broadband. IP metro networks Metro Networks is a broadcasting outsourcing company based in Houston, Texas. It is a subsidiary of Westwood One, which is managed by CBS Radio. The company operates a number of local and regional news and traffic facilities that provide regular reports to affiliates, together with with BaneTele high-capacity fiber-optic backbone network A backbone network provides a path for the exchange of information between different LANs or subnetworks.[1] A backbone can tie together diverse networks in the same building, in different buildings in a campus environment, or over wide areas. . Under the terms of the letter of intent, the combined network is expected to serve other carriers, including Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , application service providers and global carriers looking to enter or expand within Norway, as well as provide the most efficient, high-bandwidth IP network to backhaul mobile data including the next generation 3G network traffic. "We're very excited to partner with BaneTele," said Bob McCambridge, ART's president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . "ART and BaneTele share a vision of integrating broadband fixed wireless and fiber-optic technology to enable end-to-end high speed IP access and services." About Advanced Radio Telecom Advanced Radio Telecom Corp., headquartered in Bellevue, Wash., is a provider of broadband wireless Internet Protocol (IP) access services at speeds up to 155 Mbps. ART currently owns and operates broadband wireless metropolitan area networks in San Jose, Seattle, Portland, Ore., and Phoenix, and plans to expand to 40 markets over the next three years. ART is a Cisco Powered Network(TM) service provider. ART has a nationwide footprint of 39GHz spectrum licenses in the United States, and owns 26GHz and/or 39GHz spectrum licenses in the United Kingdom and several Scandinavian countries. For more information, please visit ART's web site at www.ipsp.com. About BaneTele BaneTele headquartered in Oslo, Norway, is a provider of broadband services offered throughout Norway via its country-wide fiber-optic network. BaneTele offers service to telecommunications operators, and enterprise businesses that require high-bandwidth transport from 2 Mbps to 2.5 Gbps. BaneTele's high-quality fiber network now covers a distance of 4200 km, serving the majority of large centers in Norway. For more information, please visit BaneTele's web site at www.banetele.com The above information includes forward-looking statements regarding services and network deployment. These statements are not guarantees of future performance. Known and unknown risks, uncertainties, and other factors, including without limitation, satisfying closing conditions, final 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. approval, capital requirements Capital requirements Financing required for the operation of a business, composed of long-term and working capital plus fixed assets. and other financial risks, customer demand, technological risks, management of growth, competition and government regulation may cause actual results to differ materially from the future results implied or expressed in the forward looking statements. Additional information about the most significant of such factors is set forth in ART's most recent annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . The Company does not undertake to update or revise its forward-looking statements publicly even if experience or future changes make clear that any projected results expressed or implied herein will not be realized. |
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