Cbeyond Praises Landmark FCC Vote against Forbearance.ATLANTA -- Cbeyond, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CBEY CBEY Center for Business and the Environment at Yale ), a leading IP-based managed services An umbrella term for third-party monitoring and maintaining of computers, networks and software. The actual equipment may be inhouse or at the third-party's facilities, but the "managed" implies an ongoing effort; for example, making sure the equipment is running at a certain quality provider to small businesses, today announced that last Tuesday's decision by the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. to deny Verizon's request for relief from certain network sharing requirements means that Cbeyond will be able to move forward with its plans to enter markets like Boston, Philadelphia, New York Philadelphia, New York may refer to:
For the past fifteen months, the Federal Communications Commission has been considering Verizon's request to be allowed to stop providing wholesale access to its network at cost-based, regulated rates in six metropolitan areas: Boston, New York Boston is a town in Erie County, New York, United States. The population was 7,897 at the 2000 census. The town is named after Boston, Massachusetts. The Town of Boston is an interior town of the county and one of the county's "Southtowns. , Philadelphia, Pittsburgh, Providence and Virginia Beach Virginia Beach, resort city (1990 pop. 393,069), independent and in no county, SE Va., on the Atlantic coast; inc. 1906. In 1963, Princess Anne co. and the former small town of Virginia Beach were merged, giving the present city an area of 302 sq mi (782 sq km). . In a landmark vote on Tuesday, the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. denied all six of the Verizon petitions and thereby paved the way for the continued growth of facilities-based competition in these markets. The FCC took a careful look at competitive data for these cities and determined there was not enough competition to warrant the relief requested by Verizon. "We applaud the FCC for this historic vote in favor of competition," said Jim Geiger, chief executive officer of Cbeyond. "Chairman Martin together with Commissioners McDowell, Tate, Copps and Adelstein recognized that a return to a Verizon monopoly would harm consumers and businesses and voted unanimously to keep in place the rules that have driven so much telecommunications innovation over the past decade. The FCC's action will permit competitive telecommunications providers to continue developing innovative products and services for delivery to millions of businesses and consumers every day." Geiger further expressed his appreciation for the work that Congress did to support this outcome: "Many principled legislators on both sides of the aisle, notably members of the House Telecom and Internet Subcommittee, led by Chairman Ed Markey, worked hard to ensure that the forbearance process was fair and open and considered all relevant data. The diligence with which they exercised their oversight responsibilities has benefited consumers and businesses across the country." About Cbeyond Cbeyond, Inc. (NASDAQ: CBEY) is a leading IP-based managed services provider that delivers integrated packages of communications and IT services to more than 33,000 small businesses throughout the United States. Cbeyond offers more than 20 productivity-enhancing applications including local and long-distance voice, broadband Internet, mobile, BlackBerry[R], broadband laptop access, voicemail, email, web hosting, fax-to-email, data backup, file-sharing and virtual private networking. Cbeyond manages these services over a private, 100-percent Voice over Internet Protocol (VoIP) facilities-based network. For more information on Cbeyond, visit www.cbeyond.net. CBEY-F CBEY-G |
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