Cable & Wireless has Joined in NAP - Network Access Point - of the Americas Initiative; Internet Hub Moves Quickly Ahead.Business Editors/Technology Writers MIAMI--(BUSINESS WIRE)--Aug. 15, 2000 Global telecommunications company Cable & Wireless has joined in the NAP (Network Access Point) of the Americas initiative, a major Internet hub being built in downtown Miami. A network access point is a high-speed Internet data exchange and connection point that ties Internet access providers together and enables interaction between geographic regions and among customers of various providers. The NAP of the Americas will route Internet traffic from the Americas, the Caribbean and Europe. The NAP will bring significant value to the state's economy, generating high-paying jobs and attracting many new companies and new technology infrastructure to Florida. "Cable & Wireless is an international leader in the telecommunications field," said Benjamin Finzi, Executive Vice President of EPIK EPIK Eesti Puuetega Inimeste Koda (The Estonian Chamber of Disabled People) Communications and spokesman for the NAP of the Americas. "It is the participation of global telecoms that will ensure our NAP quickly becomes the gateway of Internet traffic into the U.S. from all of Latin America and the Caribbean, as well as other parts of the world. The NAP of the Americas facility will be built by T-Rex, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Terremark Worldwide. Finzi said the TECOTA TECOTA Technology Center of the Americas facility, a planned 700,000-sq. ft. telecommunications center, would be operational by June 2001. SAIC/Telcordia was chosen as the Operator for NAP of the Americas. SAIC/Telcordia will design the technical specifications for the NAP and collaborate with the developer of the NAP building to ensuring proper and successful implementation. Cable & Wireless (NYSE NYSE See: New York Stock Exchange :CWP CWP Coal workers' pneumoconiosis, see there ) is a global telecommunications company with annual revenue of over $14 billion and with customers in 70 countries. Its worldwide businesses offer a range of services including broadband data, Internet and voice services. The company's priority for expansion is the fast growing market of IP (Internet Protocol) and data services for business customers. Cable & Wireless is currently making large investments in developing advanced networks and services in the U.S., Europe and the Asia-Pacific region to build the world's leading global IP infrastructure. More information about Cable & Wireless is available on the company's web site at www.cableandwireless.com. The NAP of the Americas group has 43 members. They are: 360networks, 5th Avenue Channel, Adelphia Business Solutions, Airwire.net, AmericaTel, Amzak International, AT&T, ATC ATC Air Traffic Control ATC Average Total Cost ATC Certified Athletic Trainer ATC At the Center (Hartford, Maine retreat center) ATC Applied Technology Council ATC All Things Considered Teleports, Broadwing, Cable & Wireless, CyberGate, Diveo Broadband Networks, Enron, EPIK Communications, Florida Fiber Network, Florida International University Florida International University, primarily at University Park, Miami; coeducational; chartered 1965, opened 1972. A research university, it has 18 colleges and schools and many specialized centers and institutes, including those in biomedical engineering, database , FPL FiberNet, Fusion Telecommunications International, Global Crossing, Global NAPS, GlobalXchange, IFX, ImpSat, Intraco, Level 3, Miami Dade Community College, Mergenet Solutions, Metromedia Fiber Network, Net2Phone, NetRail, NEXTLINK, OCTET Communications, PanAmSat, Progress Telecom, Publicom, Spectrum Telecommunications, Telcordia Technologies, Telia, Time Warner Telecom Time Warner Telecom NASDAQ: TWTC is headquartered in Littleton, Colorado. The company provides managed network services, specializing in Ethernet and transport data networking, Internet access, local and long distance voice, VoIP and security, to enterprise , University of Florida University of Florida is the third-largest university in the United States, with 50,912 students (as of Fall 2006) and has the eighth-largest budget (nearly $1.9 billion per year). UF is home to 16 colleges and more than 150 research centers and institutes. , University of Miami This article is about the university in Coral Gables, Florida. For the university in Oxford, Ohio, see Miami University. The University of Miami (also known as Miami of Florida,[2] UM,[3] or just The U , Williams Communications and Yipes. This release contains "forward-looking statements" within the meaning of section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements represent the Companies' present expectations or beliefs concerning future events. The Companies caution that such statements are necessarily based on certain assumptions, which are subject to risks and uncertainties, including, but not limited to, changes in general economic condition, and changing competition and technology which could cause actual results to differ materially from those indicated herein. Further information on these risk factors is included in the Companies' filings with the Securities and Exchange Commission. |
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