Printer Friendly

NORDIC STOCK EXCHANGES CHOOSE SPRINT GLOBAL DATA NETWORK SERVICES

 WASHINGTON, Dec. 15 /PRNewswire/ -- Sprint (NYSE: FON) today announced that the stock exchanges of Norway, Denmark, Sweden and Finland have selected SprintNet managed data network services to link their operations and users worldwide.
 The Nordic stock exchanges, based in Oslo, Stockholm, Copenhagen and Helsinki, chose SprintNet data services to provide a simple, uniform access procedure for stock broker clients located in the Nordic countries, in London and locations worldwide.
 Stockbrokers with virtually any kind of computer or communications software can access the stock exchanges using SprintNet's inherent conversion features. SprintNet acts as a common gateway, providing worldwide connectivity and conversion for the world's major computer protocols, including IBM/SDLC.
 SprintNet -- the world's largest global data network -- also offers users easy, local access from major commercial centers. Nordic stock exchange customers in the United Kingdom and Scandinavia may connect to the network via a local telephone call from London, Helsinki, Copenhagen, Oslo and Stockholm. There are over 500 additional access centers throughout the Nordic countries, Europe, the United States and worldwide.
 In Sweden, network access is provided through seamless interconnection with a regional Sprint network operated by Tele2, the Stockholm-based value-added services provider. Tele2 provides local SprintNet access through switching centers in Gothenburg, Malmo, Norrkoping, Stockholm, Sundsvall and Vasteras.
 The Nordic stock exchanges chose Sprint's Custom Link Series product, which offers fixed-rate pricing. The option chosen by the exchanges provides a "virtual" link between several locations for a fixed monthly rate, regardless of traffic volume.
 "The Nordic stock exchanges needed a single point of contact to manage their data communications services in several countries," said Stein Erick Larsen, managing director of Sprint Norway, a subsidiary of Sprint International, the company's global telecommunications unit. "SprintNet offered them one-stop-shopping and a cost-saving pricing structure based on their communications patterns."
 Morten Reistad, Project Manager for the Oslo Stock Exchange, said that, "Sprint offered us a number of benefits over other service providers, including local facilities management for our CPE network access devices, and global communications through a cost-effective network that supports recognized standards worldwide."
 Other SprintNet benefits include reliable, virtually error-free data transmission, intelligent switching and automatic re-routing to countries and locations worldwide.
 Sprint is a diversified international telecommunications company with $9 billion in annual revenues and the United States' only nationwide all-digital, fiber-optic network. Its divisions provide global long distance voice, data and video products and services, and local telephone services to more than 4 million subscriber lines in 17 states.
 -0- 12/15/92
 /NOTE: SprintNet is a registered trademark; Custom Link Series is a service mark./
 /CONTACT: Janis Langley, 202-828-7427 or, after hours, 703-533-3322; or Evette Fulton, 202-828-7411 or, after hours, 301-230-0978, both of Sprint/
 (FON)


CO: Sprint ST: District of Columbia IN: TLS SU:

TW -- DC001 -- 7063 12/15/92 09:09 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 15, 1992
Words:463
Previous Article:TELXON CLARIFIES FULL-YEAR AND SECOND-HALF DATA
Next Article:ILFC ORDERS 28 FIRM AIRBUS INDUSTRIE AIRCRAFT, INCLUDING FIRST A319 FIRM ORDER AND TAKES EIGHT OPTIONS
Topics:


Related Articles
SPRINT TO PROVIDE UNILEVER WITH GLOBAL MESSAGING SERVICE
JARDINE TO DISTRIBUTE SPRINT DATA SERVICES IN HONG KONG
CARRIERS IN NORTHERN EUROPE AND ISRAEL CHOOSE SPRINT'S FRAME RELAY SWITCHES
SPRINT PROVIDES CEDEL WITH WORLDWIDE MANAGED DATA NETWORK SERVICES
SPRINT SIGNS INTERCONNECT AGREEMENT WITH PHILIPPINE CARRIER
SPRINT TO MARKET KODAK PICTURE EXCHANGE OVER ITS ALL-DIGITAL FIBER-OPTIC NETWORK
Sprint Awards Major Contract to Alcatel Data Networks
Sprint and TD Waterhouse Instantly Connect Investors to Online Financial Services Via Sprint PCS Wireless Web.
Focal Communications and Sprint Enter Into Nationwide Interconnection Agreement.
Focal Enters into First Wireless Interconnection Agreement with Sprint.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters