Broadview Networks Announces Major Wholesale Agreement With NUI Corporation.Business Editors NEW YORK--(BUSINESS WIRE)--May 16, 2001 Broadview Networks Broadview Networks is a network-based electronically integrated communications provider (e-ICP) serving small and medium-sized businesses in the Northeastern and Mid-Atlantic United States. , a network-based electronically integrated communications provider (e-ICP), today announced a five-year agreement with NUI (1) (Network User Interface) A user interface for a computer attached to the network. The NUI is designed to work with remote applications and files as easily as local files. Corporation, a leading East Coast energy and telecommunications company See telecom company. , to provide NUI with a turnkey system A complete system of hardware and software delivered to the customer ready-to-run. In other words, just "turn the key" and go.  A Turnkey Video System that will accelerate and expand NUI's telecommunications services. The combined value of the agreement to the two companies is estimated to be $42 million. NUI's telecommunications subsidiary, NUI Telecom, will use Broadview Networks' proprietary enterprise management software and high-volume service provisioning to acquire, maintain, and bill its voice and Internet customers. Able to electronically process large volumes of orders, NUI will dramatically improve its productivity and revenue generation. "Broadview Networks is a strategic partner with a proven track record," says Dick Boudria, NUI Telecom President 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. . "By leveraging their systems, processes and network, we will improve our margins and rapidly expand our communications services in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey, Massachusetts and Pennsylvania." "We are delighted that NUI has selected us to support its delivery of competitive communications services," says George Holland George Holland (1791-1870) was an English American stage actor, born in London, December 6, 1791. His father was a tradesman. The boy was first sent to preparatory schools in Lambeth, and afterward to a boarding-school. , Executive vice President of Marketing at Broadview Networks. "We view their decision as a vote of confidence in our business model, technology and experience." As a result of the agreement, NUI can immediately begin offering new and existing customers local voice and high-speed, 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 Internet access using Broadview Networks' provisioning capabilities and network. The partnership builds on the two companies' respective strengths: NUI's reputation and extensive customer base, and Broadview Networks' communications expertise and experience. "According to industry analysts, over the next decade competitive local exchange carriers (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) ) will capture approximately 25 percent of all local telecommunications revenues," says Boudria. "That 25 percent today amounts to over $30 billion, much of it concentrated on the densely populated Eastern Seaboard. We at NUI, together with Broadview Networks, plan to play a leading part in that growth opportunity." About NUI Corporation Based in Bedminster, New Jersey, NUI operates natural gas utilities serving more than 380,000 customers in seven states along the Eastern Seaboard. In addition to NUI Telecom, NUI also operates businesses involved in natural gas storage, exploration and pipeline operation; wholesale energy trading and portfolio management; retail energy sales; energy and environmental project development; energy consulting; sales outsourcing; and geospatial and customer information systems and services. About Broadview Networks Broadview Networks (www.broadviewnet.com) is a network-based, electronically-integrated communications provider (e-ICP) serving small and medium-sized businesses and communications-intensive residential customers in the northeastern and mid-Atlantic United States. The New York City-based company offers integrated communications solutions, including local, long-distance and international voice services; data services; and dial-up and high-speed Internet services using digital subscriber line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL) and other advanced technologies. Customers receive a single, easy-to-understand bill and have one point of contact for real-time, personal customer care. |
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