I could be wrong, but it appears that Telocity is a recent startup, and their goals are similar to the other DSL plays, including the one I highlighted two days (New Edge Networks) in the second half of:
techstocks.com
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From Telocity's own web sites, telocity.com and telocity.net :
Telocity, Inc. is the first broadband service company offering
affordable, always-on DSL Internet access to the residential
market. Customers can self-install the Telocity DSL system,
eliminating annoying waits for installation appointments. The
company will offer high-speed Internet access in 50 North
American markets by the end of 2000.
Founded in 1997 by former Octel cofounder Peter Olson, Telocity
is managed by Patti Manuel-Hart, former President and COO of
Sprint's Long Distance Division, assisted by a host of
telecommunications and technology veterans. Red Herring
magazine nominated Telocity as one of the hottest
venture-backed companies for 1999, and Upside magazine
selected Telocity as one of the 30 most innovative companies at
Upside magazine's Digital Livingroom conference in June 1999 .
Telocity's business philosophy is based on superior service
supported by simplicity in all aspects of the customer
relationship. The company's broadband service includes an easy
to install residential gateway connected to an automated back
office system that is, flexible enough to scale quickly as new
demand grows and new IP and DSL services become available.
Future features could include reduced-cost telephony, video
conferencing, and home security systems.
New Technology for Traditional Markets
To bring advanced Internet services to the residential market,
Telocity developed new technology and automation systems with
economies of scale that allow quick and cost-effective
deployment of DSL-based services. Telocity technology
automates as many components of deployment and provisioning
as possible to maximize operating efficiencies and support a
competitive pricing platform. A key component of Telocity's
solution is its self-installable residential gateway, an intelligent
appliance that combines a xDSL modem and a microprocessor
unit with parallel, USB and Ethernet connections to a computer.
Upon order, the gateway is delivered to the customer's home.
The user simply plugs the device into a phone jack and connects
it to the appropriate computer port. It's as simple as connecting
a printer.
The second major component of Telocity's broadband service is
its Open System Solution, often called "the back-office system,"
used to deploy and operate DSL-based service. The intelligent
linkage between this back-office system and the customer
gateway provides Telocity's high level, software-driven
automation.
Independent research houses predict a vast market for
residential broadband providers. According to Cahners In-Stat,
more than 3 million consumers will switch their ISP in 1999 to
faster Internet connections. Forrester Research expects more
than 15 million households will have high-speed Internet
connection by the year 2002. Market research firms CIBC and
The Yankee Group project today's market of 1.5 million
broadband homes will reach between 12 million and 18 million
households by 2001. Telocity's innovative, flexible technology is
designed to accommodate such growth.
Telocity is a venture-backed, privately held firm. Investors
include August Capital, Bessemer Venture Partners, Comdisco
Ventures, Mohr, Davidow Ventures, RRE Investors, Stanford
University and private investors.
Telocity In The News
Since its launch in March of 1999, Telocity has struck a chord
with leading technology and business publications including
Inter@ctive Week, Red Herring, San Jose Mercury News and
Telephony Magazine.
Read all about what the industry analysts and pundits are saying
about the uniqueness of Telocity's solution and how we are
addressing and solving problems associated with residential DSL
deployment. |
