dsl dsl dsl....and 7,000 new customers....
.
.
.
.Wednesday February 14, 8:05 am Eastern Time
Press Release
SOURCE: Rhythms NetConnections Inc.
Rhythms NetConnections Successfully Transitions Thousands of DSL Customers to EarthLink
Companies Quickly Move Residential Customers From Financially Challenged ISP
ENGLEWOOD, Colo., Feb. 14 /PRNewswire/ -- Rhythms NetConnections Inc.(TM) (Nasdaq: RTHM - news), an international provider of broadband communication services, today announced that it has successfully transitioned thousands of former Flashcom digital subscriber line (DSL) customers to EarthLink, Inc. (Nasdaq: ELNK - news), the nation's second-largest Internet service provider (ISP).
On December 7, 2000, Rhythms(TM) announced that it had signed an agreement with its partner, Flashcom, to transition approximately 7,000 Flashcom customers receiving Rhythms' DSL service to Rhythms' network.
``This was a first-of-its kind effort between Rhythms and EarthLink,'' said Steve Stringer, President and Chief Operating Officer of Rhythms. ``We were glad to be able to smooth the transition to these valued customers by keeping them on our network with EarthLink, one of the most financially stable ISPs in the country.''
Rhythms and EarthLink determined the technical and procedural requirements to make the transition as quick and convenient as possible for residential customers. Communication plans included notification via the companies' Web sites, letters and personal telephone calls. Most of the transitions were completed within four weeks, in time for families to enjoy their access for the holidays.
About Rhythms
Based in Englewood, Colo., Rhythms NetConnections Inc. (Nasdaq: RTHM - news) provides DSL-based, broadband communication services to businesses and consumers. Telecommunications services for Rhythms are provided by Rhythms Links Inc., a wholly owned subsidiary of Rhythms. For more information, call 1-800-RHYTHMS (1-800-749-8467), or visit the company's Web site at www.rhythms.com.
Rhythms, Rhythms NetConnections and (any product names for which trademark applications have been filed) are trademarks of Rhythms NetConnections Inc.
The statements contained in these materials which are not historical facts may contain forward-looking statements with respect to events, the occurrence of which involve risks and uncertainties. Such statements are indicated by words or phrases such as ``anticipate,'' ``estimate,'' ``projects,'' ``believes,'' ``intends,'' ``expects'' and similar words and phrases. The following are important factors that could cause Rhythms' actual results to differ materially from those expressed or implied by such forward looking statements: the highly competitive nature of the DSL market; the rapid rate of technological change in the telecommunications industry; Rhythms' history of operating losses and the unproven nature of its business model; customer agreements are generally non-exclusive and terminable by the customer on short notice; several customers are young, emerging companies that are not fully funded; Rhythms' existing capital structure may affect its ability to raise additional capital in the future; Rhythms' dependence on incumbent carriers for collocation and transmission facilities and on unrelated strategic third parties for certain sales and marketing services, equipment installation and fiber optic transport facilities; the need to retain and attract key personnel; and other economic, business, competitive and governmental and/or regulatory risks detailed in Rhythms' filings with the Securities and Exchange Commission. Rhythms undertakes no obligation to review or confirm analysts' expectations or estimates or to release publicly any revisions to any forward- looking statements after the date hereof or to reflect the occurrence of unanticipated events. |
