Williams Communications Providing Optical Network Transport Services for Time Warner Telecom's Internet Network
PR Newswire - May 03, 2000 08:17
TULSA, Okla., May 3 /PRNewswire/ -- Williams Communications (NYSE: WCG), a leading international provider of telecommunications services and products for the carrier marketplace, has signed a five-year agreement with a value of up to $40 million to provide network capacity and services to Time Warner Telecom Inc. (Nasdaq: TWTC), a provider of data, Internet and voice services to businesses.
Under the agreement, Time Warner Telecom intends to purchase optical network transport services from Williams for its national Internet Protocol (IP) network. These optical network services, ranging in capacity from DS-3 to OC-48, will connect Time Warner Telecom to key cities throughout the country including Charlotte, Chicago, Dallas, Indianapolis, Los Angeles, New York, Orlando, San Jose, Tampa and Washington, D.C. The agreement is structured to enable Time Warner Telecom to increase capacity over the term of the contract.
"Williams Multi-Service Broadband Network(TM) is ideally suited to provide the backbone and support growing integrated service companies like Time Warner Telecom require," said Gordon Martin, president of carrier services for the Williams Network. "In an increasingly competitive telecommunications industry, Williams' flexible network architecture, broad geographic reach and innovative services enable these companies to rapidly achieve a nationwide presence, penetrate new markets and increase their customer base."
"We deliver highly reliable, integrated telecommunications services to businesses over our own local and regional optical networks." said Michael Rouleau, senior vice president of marketing and technologies for Time Warner Telecom. "This agreement will enhance our ability to offer data and Internet access to customers over our IP network."
Williams Communications has the largest next-generation fiber-optic network in the United States with more than 24,000 miles in operation and 33,000 planned route miles connecting 125 cities by the end of this year. The fully integrated architecture of the Williams Multi-Service Broadband Network(TM) couples ATM core switching with advanced optical networking technologies to provide carriers with data, voice, video and Internet services over any platform.
About Williams Communications Group, Inc.
Williams Communications, through its subsidiaries, is North America's only exclusively carrier-focused fiber-optic network and the largest independent source of end-to-end integrated business communications solutions -- data, voice or video. Based in Tulsa, Okla., Williams Communications had revenues of $2 billion in 1999 and today has more than 9,000 employees primarily in North America, with offices in Europe and Asia and investments in South America and Australia. Approximately 85 percent of WCG stock is held by Williams (NYSE: WMB) which, in 1985, became the first energy company to harness its core competency as a builder of networks to enable competition in the communications industry. Additional information is available at www.williams.com and www.williamscommunications.com. |
