Chello Broadband Announces 106,500 Subscribers.AMSTERDAM--(BUSINESS WIRE)--Dec. 13, 1999-- First broadband internet See broadband. company in Europe to achieve six figure milestone chello broadband n.v. (chello), www.chello.com, Europe's first and leading broadband internet service provider and an operating company operating company A business that engages in transactions with outsiders. of United Pan-Europe Communications (UPC (Universal Product Code) The standard bar code printed on retail merchandise, which is administered by GS1 US, Brussels, Belgium and Lawrenceville, NJ (www.gs1.org). ), today announced figures that show 106,500 billed subscriber accounts across Europe as of Friday 3 December 1999. This follows on from chello's recent award for 'Best European Consumer ISP' at the ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. Forum 99 held in Amsterdam. Mitch Clarke, chello's Managing Director, Sales and Affiliate Operations, said, "chello is driving the European market and has shown consecutive record net monthly gains as we continue to see ever-increasing numbers of connections in all our markets. The passing of this significant milestone means that chello has grown by 190 per cent since its official launch in March 1999, with growth during the previous three months exceeding 60 per cent." Roger Lynch, President 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 chello added, "chello is indisputably Europe's number one broadband internet service provider as both our customer figures and our recent award for 'Best European Consumer ISP' show. This latest number comes from solid performance in all established markets--Norway, the Netherlands, Austria, France and Belguim--and we anticipate strong subscriber growth in the Swedish market, where we began offering our service in November. We expect this demand to continue, as technology and content enhancements make the service ever more attractive." chello broadband allows cable customers throughout Europe to benefit from the m@ximum internet experience; always on, super-fast broadband internet service for a flat fee each month running across AORTA aorta (āôr`tə), primary artery of the circulatory system in mammals, delivering oxygenated blood to all other arteries except those of the lungs. The human aorta, c.1 in. (2. (TM), Europe's first and largest broadband IP network and Europe's largest distributed caching service. CD-quality sound, pin-sharp pictures and a full range of global, national and local content partners are available--all in the the language of the country in which the service is offered. Mark Schneider, Chairman of chello and CEO and Chairman of UPC, concluded, "Recent UPC acquisitions across Europe take our potential market for chello to 9 million homes. The enthusiasm with which the chello service has already been taken up makes us confident that we will penetrate a large percentage of this universe. I think that chello is an exciting part of UPC's triple play strategy and this 106,500 subscriber milestone is evidence that Europe thinks so too." About chello broadband n.v. chello broadband is Europe's first and leading broadband Internet Service Provider and is commercially active in six countries. It has the largest reach in Europe and is committed to delivering next-generation, 24-hour accessible internet services and broadband content to consumers via high-speed cable modems cable modem Modem used to convert analog data signals to digital form and vise versa, for transmission or receipt over cable television lines, especially for connecting to the Internet. , with no phone bills - ever! It provides a turnkey service to cable operators and other broadband networks  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. based in Europe. The company is an operating company of United Pan-Europe Communications (UPC), with headquarters in Amsterdam and offices in Amsterdam, Paris, Vienna, Hamburg, Brussels, Oslo, Stockholm, Washington DC, and Sydney. By providing unparalleled communications services, chello broadband delivers m@ximum internet through cable with minimal cost. chello(TM) is a registered trademark of chello broadband n.v. About United Pan-Europe Communications N.V. (UPC) Headquartered in Amsterdam, UPC is one of the most innovative broadband communications companies in Europe and owns and operates one of the largest pan-Europe groups of broadband communication networks. UPC provides cable television, telephony, high-speed Internet See broadband. access and programming services in twelve countries across Europe and in Israel. As of October 31, 1999, UPC's systems passed approximately 9.0 million homes with more than 5.9 million basic cable subscribers. In addition, UPC systems had 166,000 residential telephony lines and 20,200 business telephony lines, as well as 89,400 residential Internet subscribers and 3,600 business Internet subscribers. UPC completed, an IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. in February 1999 and its shares are traded on the Amsterdam Stock Exchange
The Amsterdam Stock Exchange is the former name for the stock exchange based in Amsterdam. and 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 ("UPCOY"). UPC is a consolidated subsidiary of Denver based UnitedGlobalCom Inc. ("United") (NASDAQ:"UCOMA"). Microsoft has an interest of approximately 7.8% in UPC. Visit our websites at: www.chello.com www.chello.no www.chello.at www.chello.be www.chello.fr www.chello.nl www.chello.se www.chello.de www.chello.au.com www.upccorp.com m@ximum internet through broadband |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion