Frontline Communications Corp. Granted CLEC Status in Pennsylvania.Business Editors PEARL RIVER, N.Y.--(BUSINESS WIRE)--Feb. 17, 2000 Frontline Communications Corp. (AMEX AMEX See: American Stock Exchange : FNT FNT Font (File Name Extension) FNT Front FNT Fontana (postal locality, Malta) FNT Fascinating New Thing (song) FNT Flint, MI, USA - Bishop Int'l Airport ), www.frontline.net, today announced that it's subsidiary, 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) Communications Corp., has been granted Competitive Local Exchange Carrier (CLEC) status by the Pennsylvania Public Utility Commission. CLEC Communications will operate as a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Frontline Communications Corporation. In accordance with its application, the Company intends to subscribe to and resell all forms of local telephone service in the Commonwealth of Pennsylvania, including local dial tone services, Message Telephone Service, Wide Area Telephone Service, private lines, tie lines, access service, cellular service and local switched service. The Company plans to acquire services from underlying telecommunications common carriers at bulk rates, and resell those services to its customers, who will benefit from reduced pricing. Filings in additional states are planned for the near future. &uot;This filing moves us closer to our goal of becoming a full-service Internet company, providing a variety of data products to our customers,&uot; said Stephen J. Cole-Hatchard, 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 Frontline. &uot;As a CLEC, we can provide full-featured communications services to our customers and control the infrastructure over which those services are offered. In turn, we will be able to ensure the highest quality of service and better control Internet access.&uot; About Frontline Founded in 1995, Frontline Communications Corporation provides Effortless Ecommerce and Internet Access to small businesses nationwide. Frontline offers high-quality Internet services (Access, Development and Presence) through its three Ecommerce brands: Frontline.net, www.frontline.net, WOWFactor.com, and iShopNetworks.com, each serving important geographic, demographic and vertical small business market segments. Frontline's focus on specific small businesses and their unique needs helps those customers utilize the Internet more easily to achieve an advantage over their competitors. With the acquisition of WebPrime, a member of IBM's Web Integrator Initiative, Frontline now provides its clients with full Web design, development and Ecommerce solutions. Frontline is headquartered in Pearl River, New York Pearl River is a hamlet (and a census-designated place) in Rockland County, New York, United States. The population was 15,553 at the 2000 census. Pearl River is in the western part of the Town of Orangetown. , and is traded on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . The statements which are not historical facts contained in this press release are forward looking statements that involve risks and uncertainties, including but not limited to, changes in the market for Internet services, regulatory and technological changes, economic factors, increased competition, and the nature of supplier of customer arrangements which become available to the Company in the future. The Company's actual results may differ materially from the results discussed in any forward-looking statement forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion