Westell Signs New Agreement with BellSouth for Purchase of Broadband DSL Modems.
Westell Technologies, Inc., (NASDAQ:WSTL), a leading provider of broadband/DSL access products, gateways and conferencing services, announced today a new broadband supplier contract award from BellSouth (NYSE:BLS) for Westell's ProLine(TM) remotely-manageable DSL modem. BellSouth will begin shipment of the high-speed broadband device to its BellSouth(R) FastAccess(R) DSL subscribers beginning in December 2004.
The two companies agreed to a new one-year agreement that builds upon the supplier relationship that has been in place for several years. As BellSouth's primary CPE supplier since 2002, Westell has provided modems to support the growth of BellSouth FastAccess DSL service to more than 1.8 million customers.
ProLine is based on Texas Instruments' AR7 chip designed to support ADSL2+. ProLine with ADSL2+ will better enable higher-bandwidth applications such as multiple real-time video streams and video on demand. Such capabilities can provide BellSouth the flexibility to add value to its broadband services offering and to expand its broadband customer base. Currently, BellSouth offers BellSouth FastAccess DSL for both consumer and business customers featuring a variety of speeds, including our fastest mass market service with downstream connection speeds of up to 3.0Mbps.
"Westell continues to provide an excellent product that will enable BellSouth to enhance its service and the customer experience," said Jeff White, General Manager of Broadband Internet Operations & Support at BellSouth. "We are confident that the ProLine modem will continue to improve the quality of BellSouth FastAccess DSL Service and support new and innovative future broadband products."
ProLine is based on the DSL Forum's Technical Report TR-069 specification enabling remote management of the modem. It is designed to reduce service providers' operating costs associated with truck rolls and lengthy service center agents' talk time because of its remote manageability and software upgradeability.
"We are delighted to extend our strong relationship with BellSouth to another product in our DSL broadband product family," said Gordon Reichard, Vice President of Marketing at Westell. "Our track record of product performance played a significant role in forging this new agreement. We will continue to offer additional customization as needed by BellSouth to help drive new revenue streams, reduce operating costs and improve their customers' broadband experiences."
Westell Technologies, Inc. (NASDAQ: WSTL) headquartered in Aurora, Illinois is a Tier-1 provider of intelligent, carrier-class broadband access products, manufactured using a TL9000 registered quality management system. Westell offers high-speed broadband/DSL, VoIP and legacy network technology products for carriers, service providers and business enterprises around the world.
ConferencePlus, a Westell subsidiary, offers conferencing services including voice, video, and IP data conferencing, to carriers and multi-national corporations throughout the world. For more information visit www.westell.com.
"Safe Harbor" statement under the Private Securities Litigation Reform Act 1995:
Certain statements contained herein including, without limitation, statements containing the words "believe," " on track, " "anticipate," "committed" "expect," "estimate", "await," "continue," "intend," "may," "will," "should," and similar expressions are forward looking statements that involve risks and uncertainties. These risks include, but are not limited to, product demand and market acceptance risks, need for financing, the economic downturn in the U.S. economy and telecom market, the impact of competitive products or technologies, competitive pricing pressures, product development, excess and obsolete inventory due to new product development, commercialization and technological delays or difficulties (including delays or difficulties in developing, producing, testing and selling new products and technologies), the effect of Westell's accounting policies, the need for additional capital, the effect of economic conditions and trade, legal social and economic risks (such as import, licensing and trade restrictions) and other risks more fully described in Westell's Annual Report on Form 10-K for the fiscal year ended March 31, 2004 under the section "Risk Factors". Westell undertakes no obligation to release publicly the result of any revisions to these forward looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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|Date:||Nov 15, 2004|
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