BellSouth and Aimco Agree to Jointly Market Telecommunications Services.Business Editors/Technology Writers ATLANTA--(BUSINESS WIRE)--June 14, 2001 Apartment Investment and Management Company, -- AIMCO AIMCO Apartment Investment Management Company (Columbus, OH) (NYSE NYSE See: New York Stock Exchange : AIV AIV Avian Influenza Virus AIV Année Internationale des Volontaires (French) AIV Associazione Italiana del Vuoto (Italian Vacuum Association) AIV Assembly-Integration-Verification AIV Alternative Inter VLC ), the largest real estate investment trust in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and BellSouth (NYSE:BLS See Bureau of Labor Statistics. ) today announced an exclusive marketing agreement for 235 communities located in the southeastern United States. The agreement calls for BellSouth to be the preferred provider of telecommunications services for more than 56,000 apartment units in these AIMCO communities. Under this agreement, AIMCO will market BellSouth's telecommunications services on their properties. This includes local phone services featuring calling plans such as BellSouth Complete Choice and BellSouth Solutions. "We believe this affiliation furnishes a valuable amenity to our residents by providing the most up to date technologies available from an industry leader." said Peter Kompaniez, President of AIMCO. The BellSouth agreement with AIMCO is the work of the company's Residential Solutions Group, which provides the Multiple Dwelling Unit (MDU (1) (Multiple Dwelling Unit) A commercial or residential building with multiple offices or apartments. See BLEC. (2) (Multiply-Divide Unit) A high-speed circuit that performs multiplication and division within the CPU. ) industry one-stop shopping for communications services. Through the BellSouth Residential Solutions group, BellSouth offers high-speed Internet See broadband. access, local phone service featuring calling plans such as BellSouth Complete Choice and BellSouth Solutions, and BellSouth Digital Passport home wiring and automation packages. "BellSouth is excited about the prospect of working with the management and residents of these AIMCO communities," said Lin Atkinson, director, BellSouth Residential Solutions. "This opens the door to more than 56,000 customers and provides AIMCO's residents with the most reliable telecommunications services available." About AIMCO AIMCO is a real estate investment trust with headquarters in Denver, Colorado and 25 regional operating centers, which holds a geographically diversified portfolio of apartment communities. AIMCO, through its subsidiaries, operates approximately 1,720 properties, including approximately 326,000 apartment units, and serves approximately one million residents. AIMCO's properties are located in 47 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). and Puerto Rico. About BellSouth Corporation BellSouth Corporation is a Fortune 100 communications services company headquartered in Atlanta, GA, serving more than 45 million customers in the United States and 16 other countries. Consistently recognized for customer satisfaction, BellSouth provides a full array of broadband data and e-commerce solutions to business customers, including Web hosting and other Internet services. In the residential market, BellSouth offers 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 high-speed Internet access, advanced voice features and other services. BellSouth also provides online and directory advertising services, including BellSouth(R) RealPages(SM).com. BellSouth owns 40 percent of Cingular Wireless, the nation's second largest wireless company, which provides innovative wireless data and voice services. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion