Hi Jeff--it seems almost everyday they have a new announcement. I can not believe that Wall Street doesn't get this company. They are an acquisition candidate for sure. They will have the whole West Coast wired a la the MFST model.
Tuesday November 12 9:36 AM EDT
GST Telecom Washington to Construct Fiber Optic Network in
Vancouver, Washington
VANCOUVER, Wash.--(BUSINESS WIRE)--Nov. 12, 1996-- GST Telecommunications Inc GST Telecom
Washington Inc. announced today that is has been granted a franchise to build and operate a fiber optic network in
Vancouver, Wash.
The city has granted Vancouver-based GST a temporary, one-year franchise until it adopts a final city franchise
ordinance.
GST's planned 17-mile all-digital fiber optic network will span throughout the eastern part of Vancouver, with a
possible 22-mile expansion. In addition, GST plans a 50-mile expansion across the Interstate 205 bridge into
downtown Portland, Oregon and throughout the Greater Portland metropolitan area. Vancouver, situated in the
fastest-growing county in Washington State, boasts almost 100 information-intensive employers that have a total
employee base of over 30,000.
John Warta, President and CEO of GST Telecommunications Inc., said, "In keeping with our strategic regional
focus, we've anticipated bringing the most advanced telecommunications services to our own community. It's
truly a great opportunity for GST as well as the consumers in the Vancouver/Portland area." GST Telecom
Washington plans to hire locally.
GST, a full service telecommunications provider, offers integrated voice, data and video transmission services.
GST Internet, headquartered in downtown Portland, provides the most comprehensive Internet packages available
in the Portland metropolitan area.
GST Telecommunications Inc., headquartered in Vancouver, Wash., currently operates networks in 17 cities and
has 31 additional networks under development in the western United States and Hawaii. The company provides a
broad range of integrated telecommunications products and services through the development and operation of
competitive access and other telecommunications networks. GST has secured a PUC-approved interconnection
agreement with GTE in California and is striving toward comprehensive interconnection agreements in all of its
related service areas.
GST's strategy is to cluster several cities in each state that it enters in order to achieve synergy and maximum
opportunity within each service territory. In addition, the company manufactures telecommunication switching
equipment and provides network management and billing systems through its wholly-owned subsidiary, National
Applied Computer Technologies Inc., of Orem, Utah.
CONTACT: GST Telecommunications Inc.
Rob Blankstein, 800/667-4366
or
GST Telecommunications Inc.
John Warta, 360/254-4700
INTERNET: gstcorp.com |
