Con Edison Communications Launches PowerNet Internet, PowerCall Voice Services in NYC.Business Editors/High-Tech Writers NEW YORK--(BUSINESS WIRE)--March 17, 2003 New Offerings Mark CLEC's Entrance Into Small, Medium Business Markets; Also Targeting Enterprises Con Edison Communications (CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. ), a subsidiary of Consolidated Edison Inc., today introduced two new service offerings, PowerNet Internet and PowerCall Voice Services. In addition to addressing the needs of its New York New York, state, United States 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 City-based enterprise customers, the new services also mark the company's entrance into the under-served small and medium business markets. These companies may range from 25 to 500 employees. "The small and medium business markets have been underserved until now," said Peter Rust, 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 CEC. These companies tell us they have been receiving second-rate capabilities and service from their carrier. With our new PowerNet Internet and PowerCall Voice Services, CEC has offerings that cater specifically to their product, service and pricing needs." PowerNet Internet Service offers a high-speed dedicated access solution that gets businesses connected on-line efficiently and affordably. PowerNet Internet Service provides business-class Internet access, email and DNS (Domain Name System) A system for converting host names and domain names into IP addresses on the Internet or on local networks that use the TCP/IP protocol. For example, when a Web site address is given to the DNS either by typing a URL in a browser or behind the , plus low latency and high reliability. CEC backs up the offering with advanced customer service and network support. PowerNet Internet Service is specifically designed for robust business use, offering Internet connection speeds of from 1.5 Mbps to 1 Gbps. DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , by comparison, typically offers speeds of only 1 Mbps or less. PowerCall Voice Service provides reliable, competitively priced T1 or PRI PRI: see Institutional Revolutionary party. (Primary Rate Interface) An ISDN service that provides 23 64 Kbps B (Bearer) channels and one 64 Kbps D (Data) channel (23B+D), which is equivalent to the 24 channels of a T1 line. access, local calling, toll-free service. It also includes both domestic and international long distance services. CEC provides support from a world-class team of network professionals, with 24x7 coverage through its Advanced Network Operations Center See NOC. Network Operations Center - (NOC) A location from which the operation of a network or internet is monitored. Additionally, this center usually serves as a clearinghouse for connectivity problems and efforts to resolve those problems. . All of these voice services are summarized on a single, convenient invoice. Q2 Plans The two new services will become even more attractive to small businesses in the second quarter, when CEC will offer an integrated access device An IAD is a customer premises device that provides access to wide area networks and the Internet. Specifically, it aggregates multiple channels of information including voice and data across a single shared access link to a carrier or service provider PoP (Point of Presence). that will enable customers to obtain both voice and data services over a single, shared T1 line. This will enable companies with as few as five to10 business lines to take advantage of dedicated connections with high transmission speeds. "In this economy, businesses of all size have become risk averse Risk Averse Describes an investor who, when faced with two investments with a similar expected return (but different risks), will prefer the one with the lower risk. Notes: A risk averse person dislikes risk. ," said Rust. "They seek to partner with service providers that can improve upon the incumbent carrier's service and support. At the same time, they are reluctant to do business with less stable competitive local-exchange carriers (CLECs)." Rust added, "Being part of Consolidated Edison is one of the reasons that CEC is the smart alternative. Beyond this, we offer additional advantages over incumbent carriers and CLECs, including experience, network diversity, customer services and technology." In addition to the new services, CEC also offers PowerConnect Co-location Service, PowerOptic SONET Service, PowerOptic DS-1 Service, PowerWave Wavelength Service and PowerLan Ethernet Service. Additional detailed information on all of CEC's offerings is available at www.electricfiber.com. About Con Edison Communications Con Edison Communications (CEC) (www.electricfiber.com), a subsidiary of Consolidated Edison Inc., is the 'Smart Alternative' Competitive Local Exchange Carrier (CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ). CEC offers a comprehensive range of data and voice transport products and services designed to enhance the performance of its customers' networks. CEC builds and operates its own fiber optic network providing managed data transport services, custom networks, local and long distance voice services and Internet services. CEC serves local and long-distance carriers, Fortune 1000 corporations, small and medium businesses, and Internet, cable, wireless and video companies. Operations commenced in 1999. Since then, CEC's New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. metro area network continues to grow and currently interconnects over 80 commercial buildings, all major carrier Points-of-Presence (POPs) and many of the Verizon Central Offices in New York City. Its parent company, Consolidated Edison, Inc. (NYSE NYSE See: New York Stock Exchange :ED), is one of the nation's largest investor-owned energy companies, with over $8 billion in annual revenues and $19 billion in assets. All companies and products listed herein are trademarks or registered trademarks of their respective holders. |
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