Re: Brain/Brawn - International Fibercom(sym:IFCI) Contract
Thread-- A little good news, on such a bad day, for a microcap in the telecom infrastructure game.
Here are some more link's regarding our comments about IFCI. If I don't mark them now, they will soon fall out of the SI search engine forever:
Message 10235996
Message 10239551
Message 10247518
Message 10241173
Message 11110157
Message 11166400
Message 11976865
Message 11977649
Message 11980469
siliconinvestor.com
--MikeM(From Florida)
*********************************
International FiberCom AwardedAdditional $20 Million Contract by PF.Net to Engineer and InstallSecond Fiber Run in the Southwestern United States
Total Engineering Services, Network Installation For PF.Net Now Expected to Exceed $52 Million
PHOENIX Jan. 6, 2000-- International FiberCom Inc. Thursday announced that its Sacramento, Calif.-based All Star Telecom subsidiary, a part of IFCI's Infrastructure Development Division, has been awarded an additional design-build contract with a value in excess of $20 million by Washougal, Wash.-based PF.Net for the engineering and installation of a second segment of a fiber optic network in the southwestern United States.
This project is in addition to the $32 million contract with PF.Net announced last month, bringing the total contract awards to-date from PF.Net to more than $52 million. Engineering for both projects has commenced, with network installation for the $32 million segment expected to begin this month and network installation for the $20 million segment expected to begin in February.
IFCI Chairman & CEO Joseph P. Kealy commented, "This is another confirmation of our shift to larger, longer-term contracts with major broadband network and telecommunications companies. This additional contract with PF.Net is a strong vote of confidence by a major fiber optic communications infrastructure provider in our ability to provide large-scale, turn-key, broadband, network development solutions."
PF.Net is constructing "The Network to the Net" -- a nationwide IP-based, fiber optic network, which will connect to national access points and more than 70 cities, including the five largest telecommunications markets in the United States.
|
