Advanced Radio Telecom Reports Strong Sales of New Service; Sales of BroadStream Internet Service on Record Pace Since Debut
BELLEVUE, Wash.--(BUSINESS WIRE)--Feb. 12, 2001--Advanced Radio Telecom Corp. (ART) (Nasdaq:ARTT), a leading provider of broadband fixed wireless Internet services, today announced that it has signed more than 80 customers to its BroadStream(TM) Internet Service since the service became commercially available on January 9, 2001.
The service is selling at a faster pace than any other bandwidth offering the company has previously marketed and, according to ART's CEO, Wharton "Zie" Rivers, demonstrates that the dramatic value proposition offered by ART is achieving critical success in the market.
ART's BroadStream Internet Service offers burstable broadband Internet access up to 100 Mbps for $1,000 a month and easy "plug and play" transition from a user's current service to ART's all-IP network. Once a building is "lit" with ART's wireless technology, ART can provision BroadStream Internet Service in as fast as 10 working days and has a service level agreement that provides for 100 percent availability.
"Our goal was to offer the market a broadband access solution that disrupted the status quo," said Rivers. "We have done that. Our service offering is not only eloquent in its simplicity; it is nearly impossible to beat. We offer plug and play access, carrier class reliability, complete scalability and an unheard of bandwidth-to-price ratio.
"While we're obviously very pleased with the early and dramatic success of BroadStream Internet Service, we're hardly surprised," Rivers added.
Sales have come from customers who migrated from T-1 and DSL service; customers who have grown tired of waiting for local phone companies to provision; and still other customers who have been paying more for less bandwidth.
About ART
Advanced Radio Telecom Corp. (ART) provides broadband fixed wireless Internet services with speeds up to 155 Mbps. ART's BroadStream(TM) Internet Service's compelling price-performance package of 100 Mbps at $1,000 a month is designed for companies seeking fast Internet service and high bandwidth capacity. In addition to BroadStream Internet Service, ART provides dedicated, protected and redundant OC-3 service with speeds up to 155 Mbps to extend fiber capacity and provide redundancy for mission critical network connections to other service providers.
ART provides broadband services without the delay and disruption that can occur with phone company hook-up or fiber optic installation. ART can provision service in as fast as 10 working days and has a service level agreement that provides for 100 percent availability. ART is a Cisco Powered Network(TM) Service provider headquartered in Bellevue, Wash. For more information, visit ART's website at www.ipsp.com.
BroadStream IS Broadband |
