CCC GlobalCom Launches Two Siemens Tandem Switches in Miami, Fl.Business Editors HOUSTON--(BUSINESS WIRE)--April 25, 2002 Offers More Competitive Telecom Rates to the Caribbean and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. Extends Prepaid Services to a Targeted, Niche Market A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. CCC CCC A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa. GlobalCom Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CCGC CCGC Canadian Coast Guard College CCGC Canadian Coast Guard Cutter ), an emerging leader in high value telecommunications solutions, announced today that it will deploy two Siemens DCO The introduction to this article provides insufficient context for those unfamiliar with the subject matter. Please help [ improve the introduction] to meet Wikipedia's layout standards. You can discuss the issue on the talk page. CS tandem-switching platforms in Miami, Florida, an important location for the termination of telecom services to the Caribbean and South American regions. This switch location, which follows on the heels of the company's recently announced switch in Los Angeles, California, will advance CCGC's penetration into Miami's large immigrant population, a key target growth market for CCGC's local and long distance telephone services. Moreover, the switch's location will provide CCGC with access to lower cost long distance telecom services. Z. A. Hakim, 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 CCC GlobalCom Corporation, said, "This planned switch deployment demonstrates our commitment to expanding our reach into targeted high growth, niche markets. Our Miami switch will provide a gateway to the Caribbean and South America, which will support our efforts to serve the Hispanic niche market. The company's switching equipment in Miami will allow CCGC to offer more competitively priced long distance service into the Caribbean and Central & South America regions." CCGC's planned switch deployment in Miami will expand the company's existing network, which includes a Siemen's Tandem DCO DCO Demande Chimique En Oxygène (French) DCO Digitally Controlled Oscillator DCO District Coordination Officer (Pakistan) DCO Defence Community Organisation (Australia) switch combined with a CPDI-enhanced platform in Los Angeles and Houston and a CDPI-enhanced platform in Kansas City. As with all of its previous network expansions, CCGC paid 100% for the switches with cash and CCGC's common stock. CCC GlobalCom Corporation is an Integrated Communications Provider (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) headquartered in Houston. CCC GlobalCom Corporation offers a full range of communications services to commercial and residential customers while providing a single point of contact through bundled billing services. CCC GlobalCom Corporation provides local, long distance, high-speed data, Internet, paging, and other enhanced communications services in the United States. In addition, CCC GlobalCom Corporation has franchise operations in Latin America and is in the process of finalizing certain agreements for telecommunication services in South America. CCC GlobalCom Corporation is actively engaged in discussions and negotiations to acquire existing telecommunication service providers, customer bases and major telecommunication switching equipment to be deployed worldwide. For additional information on CCC GlobalCom Corporation, please visit www.cccglobalcom.com. Statements in this release, which express a belief, expectation, or intention, as well as those that are not historical fact, are forward-looking. They involve a number of risks and uncertainties, which may cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include factors detailed from time to time in the Company's filings with the Securities and Exchange Commission. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion