Connect.com and Telstra Sign Interconnection Agreement.SAN FRANCISCO--(BUSINESS WIRE)--June 10, 1998--Telstra has signed its second pioneering agreement with an Internet Access Provider See ISP. (networking, company) Internet Access Provider - (IAP) A company or other origanisation which provides access to the Internet to businesses and/or consumers. (IAP (Internet Access Provider) See ISP. IAP - Internet Access Provider ) for reciprocal interconnection of Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. networks. Connect.com and Telstra today announced that commercial negotiations had been successful and that an agreement had been signed in line with Connect.com's status as an IAP with a significant investment in Internet backbone infrastructure. Connect.com.au Managing Director, John Stuckey, said that he was very happy with the outcome of the negotiations. "Telstra has acted in a professional manner throughout the negotiations and we have a good commercial agreement going forward," he said. Telstra's Managing Director, Internet and Data Services, David Stokes-McKeon, said that Telstra has been absolute in its resolve that these complex and pioneering arrangements should be determined by the industry players. "This should demonstrate yet again that the industry can work together collaboratively to achieve a positive outcome for all parties," he said. "Optus, who have stated they carrry about half of all Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. originating in Australia, remain the last of the IAPs to sign an agreement with us. "We expect to continue negotiations with Optus next week and we hope we can conclude a similar agreement with them." The specific details of the agreement between Connect.com and Telstra are commercial-in-confidence and will not be made public. Telstra Corporation Limited is Australia's leading full service domestic and international telecommunications provider and a major carrier in the Asia Pacific region. With annual revenues of more than US$14 billion (Aud$17.2 billion), Telstra offers consumers and businesses a broad portfolio of services including long distance, wireless, local, messaging, Internet services, information services See Information Systems. , outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. , and advanced global telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. . Additional information on Telstra and its services is available by calling 1-800/799-6283 or viewing Telstra on the Internet's World Wide Web at http://www.telstra.com.au. CONTACT: Telstra Corporation Cathy Clarke, 203/532-1339, 203/532-1659 (fax) cnca@ix.netcom.com |
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