Centennial Communications Agrees to Provide Internet2 Service to University of Puerto Rico.Business Editors WALL, N.J.--(BUSINESS WIRE)--March 8, 2001 Centennial Communications Centennial Communications (NASDAQ: CYCL) and its subsidiaries (Centennial Wireless (U.S.), Centennial Dominicana and Centennial de Puerto Rico) provide wireless and broadband telecommunications services to wireless telephone subscribers in the United States, Puerto Rico, the Corp. (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 : CYCL) today announced it has reached an agreement to provide connection to Internet2(R) service to the University of Puerto Rico Founded in 1903, the University of Puerto Rico (Universidad de Puerto Rico in Spanish, UPR) is the oldest and largest university system in Puerto Rico. Though Puerto Rico is not a U.S. and the Arecibo Radiotelescope. Internet2 is a not-for-profit consortium, led by over 180 universities around the globe, developing and deploying advanced network applications and technology, accelerating the creation of tomorrow's Internet. With participation by over 60 leading companies, Intenet2 recreates the partnership of academia, industry, and government that helped foster today's Internet in its infancy. "Supporting the University of Puerto Rico with Internet2 continues our leadership position in providing broadband integrated communication services in the Caribbean," said Michael J. Small, president and chief executive officer of Centennial Communications. "Centennial's fiber optic network on the island, linked by our undersea cable capacity to our digital switch in Miami, provides seamless broadband access See broadband and wireless broadband. between Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the rest of the world." "Centennial is proud to be a part of this project linking Puerto Rico's educational and technology organizations with the most advanced educational organizations in the world," said Carlos Bofill, chief executive officer of Centennial Caribbean Operations. "This initiative opens wide opportunities for the University of Puerto Rico to expand its international reputation in research and technological development." Centennial is one of the largest independent wireless telecommunications service providers in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the Caribbean with approximately 17.5 million Net Pops and over 664,400 wireless subscribers. Centennial's Domestic operations have approximately 6.0 million Net Pops in small cities and rural areas. Centennial's Caribbean integrated communications operation owns and operates wireless licenses for 11.4 million Net Pops in Puerto Rico, the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. , Jamaica and the U.S. Virgin Islands, and provides voice, data and Internet services on wireline networks in the region. Welsh, Carson, Anderson & Stowe and an affiliate of The Blackstone Group are controlling shareholders of Centennial. For more information regarding Centennial, please visit our website at www.centennialcom.com. For more information regarding Centennial's participation in Internet2, please visit our web site at http://internet2.centennialpr.com. Cautionary statement for purposes of the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Information in this release that involves Centennial's expectations, beliefs, hopes, plans, projections, estimates intentions or strategies regarding the future are forward-looking statements that involve risks and uncertainties. All forward-looking statements included in this release are based upon information available to Centennial as of the date of the release, and we assume no obligation to update or revise any such forward-looking statements. These statements are not guarantees of future performance, and actual results could differ materially from our current expectations. |
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