eLEC Communications Now Provides Voice, Data and Broadband Services in Connecticut.Business EditorsNORWALK, CT--(BUSINESS WIRE)--May 15, 2001 eLEC Communications Corp. (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 : ELEC), an integrated communications provider of voice, data and broadband services now offers bundled telecommunications packages to business and residential customers in Connecticut. Connecticut consumers will gain access to eLEC's unlimited local calling; unlimited dial-up Internet access See dial-up. ; 5.9 cents per minute long distance rates without a monthly fee; and high-speed access to the Internet via Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ) service. eLEC's data operations were founded in Connecticut, and 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, ) is located in Norwalk, where eLEC provides dial-up and high-speed access, builds e-commerce sites and hosts applications. eLEC 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. Paul Riss stated, "We are proud to offer our neighbors in Connecticut quality voice, data and broadband services. We recognize that Connecticut consumers deserve choice in their telecommunications services, and we are pleased to offer them local service at a 10% discount from the incumbent phone company, long distance service, high-speed access to the Internet using easy-to-install ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line , ATM, and Frame Relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. ." Connecticut marks the 10th state and third Regional Bell Operating Company The Regional Bell Operating Companies (RBOC) are the result of the U.S. Department of Justice antitrust suit against American Telephone & Telegraph. History (RBOC (Regional Bell Operating Company) The Bell telephone companies that were spun off of AT&T by court order in 1984 (the Divestiture). Also known as the "Baby Bells," the initial seven RBOCs were Nynex, Bell Atlantic, BellSouth, Southwestern Bell, US West, ) territory where eLEC offers local and long distance services. Garry Simpson, eLEC's vice president of Information Technology, said, "Having the ability to offer our business customers a complete suite of products allows us to compete on any level to provide excellent communications technology at the best price. Customers can choose data products such as dial-up, DSL, Frame Relay and more, ranging in price and quality of service. Our DSL product is unmatched in the industry for its plug-and-play capability. Our DSL modem/router is pre-configured to communicate with our ATM network and establish connectivity without requiring any interaction with the customer. This procedure allows a non-technical office manager to plug and play for instant DSL access. Each router is fully manageable by eLEC from our NOC, and the entire process can occur without the inconvenience of waiting for a service provider technician to visit the home or office." "In addition to a savings on local and long distance phone service, eLEC offers its ADSL service to qualified locations for a price of $59 per month," continued Mr. Simpson. "The best part of our offering is that our DSL product connects an entire office to the Internet for $59 per month, not just a single PC like other providers offer." For eLEC's DSL service, contact eLEC at (877) 775-4824. eLEC Communications Corp. is a publicly-traded integrated communications provider that is taking advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets. eLEC provides an integrated suite of communications services to small and medium-sized business customers, including voice, data and broadband services. This release contains forward-looking statements that involve risks and uncertainties. eLEC's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; eLEC's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which eLEC can operate, access new markets, negotiate and maintain suitable interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements. |
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