Telstar Expands Headquarters and Operations Center With New Lease in Downtown White Plains.Business Editors WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Sept. 25, 2002 Telstar International, Inc. a multinational facilities-based telecommunications company See telecom company. , announced today that it has signed a long term lease for 23,000 square feet of office space and located at One North Broadway in the heart of downtown White Plains. Telstar has been operating in White Plains since its formation in 1995, and the new lease confirms Telstar's continued commitment to White Plains and Westchester County. Telstar has begun construction at White Plains Plaza to expand its 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. (NOC (Network Operations Center) A central or regional location for monitoring a large network. Also called a "network management center" (NMC), "service management center" (SMC) or "network control center" (NCC), a NOC may be used to manage a large enterprise network, ) to accommodate the rapid expansion of Telstar's world-wide network, which includes recent purchases of additional state of the art telecommunications switching equipment from industry leaders Cisco and Siemens. "We considered several properties in different locations in the tri-state area There are a number of places in the United States known as tri-state areas where three states or holdings meet at one point (a tripoint), or in proximity to each other. The two most well-known are for the New York and Chicago metropolitan areas. , but decided on White Plains which provides a winning combination of a desirable location and a high-tech infrastructure," said Constantin Barbulescu, Telstar's Chief Executive Officer. The acquisition of the new space and equipment is a direct response to Telstar's growing customer base and demand on the Telstar network. Telstar, which provides a host of retail and wholesale telecommunications services, has seen its network traffic grow more than 40% over the last 6 months. In addition, Telstar is in the final phase of deployment of its domestic telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. , complementing its established international network spanning four continents. John R. McCarthy of McCarthy O'Callaghan and Co. said, "Telstar's continued commitment to White Plains Plaza shows the viability of the complex as a major telecommunications hub and the building's ability to help with existing tenants' real estate needs." Telstar employs 65 people at its White Plains facility and is actively looking to fill a number of additional technical, marketing, sales, and administrative positions. About Telstar: Telstar International, Inc. is a leading provider of enhanced telecommunications services. Telstar offers a broad range of wholesale and retail services worldwide including VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a networks, enhanced voice and data services, alternative access and global long distance services, expert systems and ASP applications. Telstar is the largest privately held provider of debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. platform services in the United States, with projected 2002 revenues of approximately $80M. Since its establishment in 1995, Telstar's growth has been financed from operations, allowing Telstar to remain debt free and profitable. Telstar is headquartered in White Plains, New York For other places with the same name, see White Plains (disambiguation). White Plains is a city in south-central Westchester County, New York, about 4 miles (6 km) east of the Hudson River and . For more information on Telstar, visit www.telstar-usa.com. |
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