Lucent Technologies and Winstar Enter Into Agreement to Deploy New Suite of Integrated Access Devices.Business Editors & Telecommunications Writers NEW YORK--(BUSINESS WIRE)--April 19, 2000 Winstar Communications to Deploy New Line of Lucent IADs in Thousands of Buildings throughout 2000 Addressing the burgeoning market for integrated broadband services, Lucent Technologies (NYSE NYSE See: New York Stock Exchange : LU) and Winstar Communications Inc. (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 : WCII), today announced an agreement whereby Winstar will deploy Lucent's new suite of integrated access devices (IADs) to deliver high quality voice and high-speed data to the desktop. Winstar - which is the first carrier to utilize this equipment in its network - will deploy the devices in thousands of buildings across 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. . The Lucent IADs -which are located at the customer building - converge data, packet voice and multimedia content over a single packetized line. The IADs are ATM-based, providing the Quality of Service (QoS) needed to deliver toll-quality voice and offer service level agreements to business customers. "Service providers today are deploying a wide variety of access technologies to address explosive bandwidth demands," said Rich McGinn, Lucent's chairman 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. . "Winstar's widely available broadband network makes it an excellent partner to develop and deploy integrated access device technology. They have the core infrastructure and the comprehensive set of broadband services that meet customers needs." "With Lucent's in-building access solution, and our network, Winstar can deliver digital-age broadband services to business customers in Winstar buildings across the globe more efficiently and at a lower cost" said William J. Rouhana Jr., chairman and CEO of Winstar. "This continues our commitment to use a multi-faceted approach to the deployment of technologies in the local marketplace." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. NexGen Data Research, the worldwide broadband access See broadband and wireless broadband. market will be $46 billion by 2005. Of that, small and medium-sized businesses are projected to generate $32 billion in basic revenues for connectivity. About Lucent Technologies Lucent Technologies, headquartered in Murray Hill Murray Hill may refer to one of the following places:
About Winstar Winstar Communications, Inc. (www.winstar.com), a leading broadband services company, helps companies around the globe engage in Frictionless Business through the use of seamless communications and technology. Winstar provides its customers with a comprehensive set of high-quality, digital-age broadband services, including high-speed Internet See broadband. access and data transport, Web-based information, applications services, Web hosting Making a Web site available on the Internet. Many ISPs host a few personal Web pages for an individual at no additional cost above the monthly service fee, but the address is subordinate to the ISP; for example, www.friendlyisp.com/pat_smith. and local and long distance services. Winstar offers its services in more than 70 markets throughout the U.S., Europe, Asia and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. . It is the largest holder of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in more than 20 international markets. Winstar's broadband fixed wireless capabilities complement and extend the reach of its extensive fiber network. The company's long-haul fiber network, which supports IP (Internet Protocol), ATM (Asynchronous Transfer Mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. ) and frame relay, will extend more than 16,000 route miles and connect the top 60 U.S. markets. Winstar's intracity fiber network will consist of nearly 6,000 route miles in over 60 major domestic and international markets. Winstar's Tier 1 Internet backbone and enhanced Web service offerings, including Web hosting and design, make Winstar one of the largest Internet companies in the U.S. The company's innovative applications enable businesses to take advantage of the new Internet economy. In 1999, the company launched Office.com(R), A Service From Winstar, (www.office.com) the new online business service for small and medium-sized businesses. Office.com was ranked first overall among Online Business Centers by Cahners In-Stat Group. Winstar is based in 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. . The company has strategic relationships with several leading corporations, including Lucent Technologies; Williams Communications, Inc.; CBS Corporation; and Microsoft Corporation. Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are described in Winstar's SEC reports and other filings. Winstar and Office.com are registered trademarks of Winstar Communications, Inc. |
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