Bell Atlantic, Log On America Expand Relationship.PROVIDENCE, R.I.--(BUSINESS WIRE)--Oct. 4, 1999-- Log On America, Inc. (Nasdaq:LOAX), a rapidly growing 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) providing 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 and integrated communications solutions in the Northeast, and Bell Atlantic (NYSE NYSE See: New York Stock Exchange :BEL) today announced an expansion of their existing relationship. The two companies have worked together since 1992. Under the expanded relationship, Log On America will connect its local digital network to Bell Atlantic's existing wireline network. Log On America will also be able to move voice and data traffic from the Bell local network to Log On America's digital network throughout Massachusetts. David R. Paolo, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Log On America, "By expanding our long-term relationship with Bell Atlantic, Log On America will now be able to even better provide residential and business customers with the high speed, reliable communications solutions and great customer service that they are demanding. We will continue to aggressively expand our network and build our already strong presence in the Northeast." About Bell Atlantic Bell Atlantic is at the forefront of the new communications and information industry. With more than 43 million telephone access lines and nearly 10 million wireless customers worldwide, Bell Atlantic companies are premier providers of advanced wireline voice and data services, market leaders in wireless services and the world's largest publishers of directory information. Bell Atlantic companies are also among the world's largest investors in high-growth global communications markets, with operations and investments in 23 countries. About Log On America Log On America, Inc. (Nasdaq:LOAX) is a rapidly growing CLEC providing integrated communications solutions over traditional copper wire using DSL technology to residential and commercial clients throughout the Northeast. The company's range of product offerings include DSL, local dial-tone, instate in·state tr.v. in·stat·ed, in·stat·ing, in·states To establish in office; install. toll, long distance, high-speed Internet See broadband. access and cable programming solutions. For more information visit www.loa.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The statements made in this news release, including those relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the agreement with Bell Atlantic covering interconnection, may contain forward-looking statements concerning the business and products of the company. Actual results may differ materially depending on a number of risk factors including, but not limited to, the following: development, shipment and market acceptance. Other risks inherent in the business of the company are described in Securities and Exchange Commission filings, including the company's prospectus on Form SB-2. The company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion