Ascend's Data Switches Driving Next-Generation CLEC Networks
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11 of Top 12 U.S. CLECs Use Ascend Data Switches for ATM, Frame Relay and Remote Access
ATLANTA--(BUSINESS WIRE)--June 8, 1999--Supercomm, Booth no. 4121/Ascend Communications, Inc. (Nasdaq:ASND - news), a leader in wide area networking (WAN) and Intelligent Network (IN) solutions for providers and users of the next-generation public network, today announced that 11 of the top 12 competitive local exchange carriers (CLECs) ranked by revenue in a report by New Paradigm Resources Group, Inc. (NPRG) use Ascend equipment including core Asynchronous Transfer Mode (ATM), multiservice ATM and Frame Relay and WAN access switches.
The 1999 CLEC Report(TM) by New Paradigm Resources Group, now in its 10th edition, highlights the continued growth of the industry in 1998. Some of the key trends that become evident as a result of New Paradigm Resources Group's report is the ongoing emergence of new CLECs, the continued expansion of existing CLECs and that the data services sector is a major driver of CLEC growth. The top 12 CLECs ranked by 1998 annual revenue include:
1. AT&T Corporation 2. MCI WorldCom 3. Intermedia Communications, Inc. 4. McLeodUSA, Inc. 5. Level 3 Communications 6. RCN Corporation 7. BTI 8. ITC DeltaCom, Inc. 9. e.spire Communications, Inc. 10. WinStar Communications, Inc. 11. NEXTLINK Communications, L.L.C. 12. Time Warner Telecommunications
Ascend has a tradition of identifying and establishing itself in emerging markets, first in the Internet service provider (ISP) market and more recently the CLEC market.
''The 1999 CLEC Report by New Paradigm Resources Group clearly shows that 1998 was a banner year for the industry--especially in the data services sector where growth is strongest,'' said David Markowitz, director of CLEC Marketing, Ascend Communications. ''Ascend is pleased to be a leading provider of data products to the CLEC market. Our strategic relationships with the top drivers in the industry puts us in the driver's seat of rapid and continued expansion of ATM, Frame Relay, DSL, Remote Access, and Voice over Internet services.''
The 1999 CLEC Report shows that the industry experienced tremendous growth in 1998 and New Paradigm Resources Group forecasts continued strong growth through 2001. For example, a sampling of revenue from the top 100 CLECs shows that industry revenue grew at 89 percent between 1997 and 1998, with 1997 revenue estimated at $5.61 billion and 1998 revenue estimated at $10.62 billion. The Report clearly shows the data services sector of the CLEC industry growing the fastest. For example, 1998 data revenue was $2.47 billion and is expected to grow to $44.88 billion in 2001. Annual growth rates for data services were 356 percent in 1998, and projections are 202 percent in 1999, 162 percent in 2000, and 130 percent in 2001.
''Our Annual CLEC Report reflects New Paradigm Resources Group's ongoing research and analysis of both the individual CLECs and the industry in the aggregate. This year's report contains some noteworthy additions, such as a chapter on the number one CLEC market driver--the data services sector,'' said Craig M. Clausen, senior vice president and chief operating officer, New Paradigm Resources Group, Inc. ''Ascend is clearly leading the data infrastructure suppliers to the CLEC market with its advanced ATM, Frame Relay and remote access data switches. The top 11 out of 12 revenue-generating CLECs use Ascend data switches.''
The 1999 CLEC Report, recognized as the definitive source of information on the CLEC industry, provides detailed information on the most important facilities-based companies that are providing competition to the ILECs. The report offers insightful forecasts concerning the future of the CLEC industry, and in-depth profiles of the top CLECs currently in operation. Each profile discusses the CLEC's history and development and includes a brief strategic analysis of the company's current operations and prospects. The report also updates and analyzes the various regulations at the federal, state and local levels that are impacting the CLECs.
New Paradigm Resources Group
New Paradigm Resources Group, Inc. based in Chicago, IL, has provided business planning, strategic planning, regulatory advice, competitive assessment and governmental representation to leading competitive telecommunications and energy companies since 1993. For more information about New Paradigm Resources Group, please visit their Web site at nprg.com. New Paradigm Resources Group is headquartered at 12 S. Michigan Avenue, 5th Floor, Chicago, IL 60603; phone is 312-980-7848; fax is 312-980-4992. |