Winstar Awarded Contract for Up to $100 Million to Provide Data and Local Voice Services to Federal Government Offices in Cincinnati
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WASHINGTON--(BUSINESS WIRE)--March 24, 2000--Winstar Communications, Inc. (NASDAQ: WCII - news) today announced that it has been awarded a sole source Metropolitan Area Acquisition (MAA) award from the General Services Administration's (GSA) Federal Technology Service (FTS).
The potential value of the award is $100 million over eight years. Winstar is the first broadband fixed wireless carrier to be awarded a major federal local contract. All previous grants have been made to incumbent local exchange carriers or AT&T.
Under the four-year contract, which includes four additional one-year options, Winstar will provide data and local switched voice services, as well as dedicated transmission services to government users in Cincinnati, OH. The MAA contract also allows Winstar the opportunity to offer new technologies and services as they become commercially available, ensuring that government users can benefit from the same technology enhancements and cost savings as the private sector. Eligible users include federal agencies, federal contractors and certain federally supported universities and laboratories, among others.
``This MAA contract win is a landmark development for Winstar,' said William J. Rouhana, Jr., Winstar chairman and chief executive officer. ``It establishes us as a premier broadband services provider for the federal government and significantly enhances our position in the broadband services marketplace for governmental users. Our national broadband fixed wireless and fiber network delivers high-quality, cost-effective and reliable services that will enable the government to better serve all citizens.'
About Winstar
Winstar Communications, Inc. (www.winstar.com) helps companies around the globe engage in Frictionless Business(SM) through the use of seamless communications and technology. Winstar provides its customers with a comprehensive set of high-quality, digital-age broadband communications services, including high-speed Internet access and data transport, Web-based information, Web hosting and local and long distance services.
Winstar offers its services in more than 70 markets throughout the U.S. and in Europe, Asia and South America. It is the largest holder of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in 10 international markets. Winstar's broadband fixed wireless capabilities complement and extend the reach of its extensive fiber network. The company's long-haul fiber network, which supports IP (Internet Protocol), ATM (Asynchronous Transfer Mode) and frame relay, will extend more than 16,000 route miles and connect the top 60 U.S. markets. Winstar's intracity fiber network will consist of nearly 6,000 route miles in over 60 major domestic and international markets.
Winstar's Tier 1 Internet backbone and enhanced Web service offerings, including Web hosting and design, make Winstar one of the largest Internet companies in the U.S. The company's innovative applications enable businesses to take advantage of the new Internet economy. In 1999, the company launched Office.com©, A Service From Winstar, (www.office.com) the new online business service for small and medium-sized businesses. Office.com was ranked first overall among Online Business Centers by Cahners In-Stat Group.
Winstar is based in New York City. The company has strategic relationships with several leading corporations, including Lucent Technologies; Williams Communications, Inc.; CBS Corporation; and Microsoft Corporation.
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are described in Winstar's SEC reports and other filings.
Winstar and Office.com are registered trademarks, and Wireless Fiber and Frictionless Business are service marks, of Winstar Communications, Inc.
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Contact:
Winstar Communications, Inc., New York
Financial Community:
Daniel Briggs, 212/792-9032
dbriggs@Winstar.com
or
Press:
Greg Blankenship, 703/226-7401
gblankenship@winstar.com |
