BBAN Finalizes Contract With MCI WorldCom.Business Editors/Telecommunications Writers OKLAHOMA CITY--(BUSINESS WIRE)--March 21, 2000 Broadband Wireless See wireless broadband. Communications Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BBAN BBAN Basic Bank Account Number BBAN Bulgarian Business Angels Network ) announced today that the company has signed a contract making MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. WorldCom (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :WCOM WCOM MCI/Worldcom (stock symbol) WCOM Windows Component Object Model WCOM Wireless Communication ) the fiber optic backbone provider for Broadband's domestic wireless operations. According to Chief Technology Officer Mike Erhart, the agreement will provide Broadband with a secure infrastructure to deliver its services. "This network is designed in such a way that even if a fiber optic cable Noun 1. fiber optic cable - a cable made of optical fibers that can transmit large amounts of information at the speed of light fibre optic cable transmission line, cable, line - a conductor for transmitting electrical or optical signals or electric power was cut, service to Broadband's clients would remain uninterrupted. This will allow us to make the 99.999% uptime guarantee we will provide," Erhart said. According to Erhart, Broadband Wireless Communications Corporation intents to provide "last mile" wireless connectivity in more than 30 cities over the next 12 to 18 months, primarily in the western and central U.S. Erhart said the first seven cities scheduled to go on line in the next six to eight months include Tulsa and Broadband's home base, Oklahoma City. "The agreement with MCI WorldCom will provide Broadband with wholesale pricing on long distance services, as well as bandwidth for video conferencing services, Internet connectivity and other broadband telecommunications services," Erhart said. Erhart said the agreement between Broadband Wireless Communications Corporation and MCI WorldCom includes possible co-location of resources in many of the areas Broadband intends to service. Broadband Wireless International Corporation is a global leader in wireless IP networks, providing wireless connectivity up to 100 MBps. BBAN new world services such as unified communications, IP telephony and videoconferencing services are delivered via a highly secure, carrier-class IP network. Headquartered in Oklahoma City, Broadband Wireless International Corporation offers a 99.9 percent uptime guarantee. For additional news and information, please visit www.bban.net or contact John Carsten at jcarsten@bban.net, and vice president of investor relations Investor relations The process by which the corporation communicates with its investors. Justin Ellis at 877-363-7285. This document includes forward-looking statements, made under the Safe Harbors Provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such forward-looking statements are generally identifiable by the use of words such as "believe," "expect," "intend," and other words of similar nature. These statements are based on management's current expectations, estimates and projections that are subject to risk and uncertainties, including, but not limited to success of negotiations, availability of financing, political currency, regulatory, competitive and technological developments. Consequently, actual results could differ materially from those forward-looking statements. BroadBAND Wireless International Corporation does not undertake, and specifically disclaims any obligations to update forward-looking statements which speak only as of the date made. |
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