CTC Communications Announces Purchase of First Long Distance Switch.WALTHAM, Mass.--(BUSINESS WIRE)--July 16, 1997--CTC Communications Corp. has announced the purchase of its first long distance switch. The switch is an EXCEL programmable, open architecture, digital machine equipped with 6000 ports and located at 60 Hudson Street Hudson Street can refer to:
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 . Robert J. Fabbricatore, 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. , stated that the switch will serve CTC CTC - Cornell Theory Center Domestic, International and Calling Card long distance customers in the down state New York area, provide a gateway interconnection to other carriers and reduce CTC's per minute cost for long distance traffic. Fabbricatore further stated that the purchase of this long distance switch is part of CTC's strategy to deploy facilities when aggregation of existing traffic volumes result in improved operating margins. He went on to say that the margin improvement for current New York traffic volumes exceeds the five year amortized expense of the switch and its related operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. . When queried as to CTC's plans for future switch deployment, Fabbricatore responded by saying that investment in additional switches will continue to be predicated on the economics of improved margins for aggregation of existing traffic volumes. He indicated that CTC's dominant marketing and sales presence in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. and New York could provide future switch deployment opportunities in eight major Northeast cities. CTC Communications Corp. is a leading competitive marketing and sales firm for local and long distance telecommunications services, offering an extensive array of voice, data, Internet and specialty network specialty network Single specialty network Managed care A loosely cohesive group of physicians specialized in one area of medicine–eg, cardiology, oncology, Ob/Gyn, ophthalmology, radiology, etc, who form a network to attempt to capture a segment of a Pt products. It specializes in the business market segment, provides single point of contact for their clients' total telecommunications needs, turnkey network solutions and ongoing customer service and account management. CTC has over 5000 commercial accounts serviced through 23 geographically dispersed branch offices located primarily in the Northeast. CONTACT: CTC Communications Corp. John D. Pittenger, 617/466-8080 http://www.ctcnet.com |
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