Headline: eLEC Communications Announces State Certifications in California
and Colorado.
================================================================
NORWALK, Conn.--(BUSINESS WIRE)--Aug. 3, 2000--eLEC Communications
Corp. (NASDAQ:ELEC) announced today that it has been granted CLEC
certification by the Public Utilities Commission of Colorado.
eLEC will now begin the deployment of its unbundled network
elements platform (UNE-P) network in Colorado so that it can bring its
affordable local telephone services to Colorado's business and
residential customers.
The Company also announced that it has also been certified to
provide long distance services to the public in California.
Paul Riss, eLEC's CEO, stated, "We have received notification that
the Public Utilities Commission of Colorado has approved our
application to provide both local and long distances services.
Additionally, we have been approved to provide long distance services
in California."
"We are pleased to have received these approvals in California and
Colorado," continued Mr. Riss. "These approvals are instrumental to
our nationwide expansion plans. We look forward to expanding our UNE-P
networking strategy into new markets and new regions; UNE-P continues
to be the most financially and time efficient method of entering the
local communications market and building a nationwide CLEC."
eLEC Communications Corp. is a publicly-traded local
telecommunications company that is taking advantage of the convergence
of the current and future competitive technological and regulatory
developments in the Internet and telecommunications markets. eLEC
provides an integrated suite of communications services to small and
medium-sized business customers, including local, long distance,
dial-up access, dedicated access, xDSL, and Web site design and
hosting. For further information, visit the eLEC Web site at
www.elec.net.
This release contains forward-looking statements that involve
risks and uncertainties. eLEC's actual results may differ materially
from the results discussed in the forward-looking statements. Factors
that might cause such a difference include, among others, availability
of management; availability, terms, and deployment of capital; eLEC's
ability to successfully market its services to current and new
customers, generate customer demand for its product and services in
the geographical areas in which eLEC can operate, access new markets,
negotiate and maintain suitable interconnection agreements with the
incumbent local exchange carriers, and negotiate and maintain suitable
vendor relationships, all in a timely manner, at reasonable cost and
on satisfactory terms and conditions, as well as regulatory,
legislative and judicial developments that could cause actual results
to vary in such forward-looking statements.
CONTACT: Robyn Agnes Mulia
Manager, Corporate Communications
203.229.2454
rmulia@elec-corp.com
These guys continue to report good news on a regular basis. It isn't moving the stock at all in the current market climate but the future looks promising to me. rod |
