THIRTY-TWO CARRIERS WORLDWIDE TO USE SPRINT DEDICATED TRANSIT THROUGH THE U.S.
WASHINGTON, April 2 /PRNewswire/ -- Sprint Corp. (NYSE: FON) today announced that it has entered into an agreement with the Multilateral Initiative, a group of 32 telecommunications administrations from Europe, Asia-Pacific and South America, to transit international traffic through the United States via the Sprint fiber-optic network. Sprint's International Dedicated Transit (IDT) service is a non- switched service which provides reliable, competitively priced 100 percent digital interconnections for international traffic. The service uses dedicated transcontinental routes on an overlay network to Sprint's nationwide U.S. fiber-optic network. The service supports transport rates up through the international E-1 standard (2.048 Mbps). Sprint has provided IDT service since its acquisition of the PTAT (Private Trans-Atlantic Telecommunications System) cable in 1989, and currently serves more than 20 carriers under contracts which range from one to 25 years in duration. The new agreement significantly expands this business, with expected revenues in the tens of millions of dollars. Sprint's IDT service benefits from the design of its nationwide fiber-optic network, which offers the almost limitless capacity of fiber optics, equipment redundancy, a uniform network architecture, and 24- hour, 365-day-a-year electronic surveillance via Sprint's regional, national and international network control centers. Sprint is one of three North American carriers to enter into a transit agreement with the Multilateral Initiative. "Sprint is pleased to share the benefits of our nationwide fiber- optic network with overseas carriers," said Joel Allen, vice president of global transmission services for Sprint International, Sprint's global telecommunications subsidiary. "By using the Sprint fiber-optic network, these carriers are assured the highest quality transmission on the U.S. segment of their international transit." Sprint is a $10.4 billion international telecommunications company, providing voice, video and data networking solutions to the world's commercial, government and financial centers. Sprint operates fiber- optic and value-added networks that are among the world's largest, and maintains offices in six continents through its over 50 subsidiaries, joint ventures and distributor partners. -0- 4/2/93 /CONTACT: Evette Fulton of Sprint, 202-828-7411 or
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WB -- DC043 -- 2709 04/02/93 17:46 EST
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|Date:||Apr 2, 1993|
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