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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..]

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To: Bernard Levy who wrote (1654)2/28/2001 7:56:32 AM
From: Louis savarese   of 1860
 
( BW)(WINSTAR-COMMUNICATIONS)(WCII) Winstar Awarded Twelfth
Government Contract; Wins Share of $296 Million Philadelphia MAA
Contract

NEW YORK--(BUSINESS WIRE)--Feb. 28, 2001--Winstar Communications,
Inc. (NASDAQ: WCII), a leading broadband services company, today
announced that it has been awarded a Metropolitan Area Acquisition
(MAA) award from the General Services Administration's (GSA) Federal
Technology Service (FTS) for the city and surrounding metropolitan
area of Philadelphia, PA. Winstar, along with AT&T, will share this
contract, which has a potential value of $296 million over eight
years.
The Philadelphia MAA is the twelfth federal contract awarded to
Winstar under the MAA program. Over the past 11 months, Winstar has
secured MAA contracts to serve the metropolitan areas of Cincinnati,
OH; Los Angeles, CA; Baltimore, MD; Atlanta, GA; Miami, FL; St. Louis,
MO; Indianapolis, IN; Minneapolis-St. Paul, MN; Dallas-Ft. Worth, TX;
Denver, CO and Boston, MA. The total combined potential value for all
awardees of the 12 contracts that Winstar has won is more than $3
billion over the eight-year span of the program. All previous MAA
awards had been made to incumbent local exchange carriers and/or AT&T.
"Our ability to win a total of 12 MAA contracts highlights the
critical mass that we have achieved in building our end-to-end
broadband network," said Bob McGuire, president and chief operating
officer of Winstar's Large Account Solutions group. "Over the past six
months, we have implemented services in five of our MAA cities, and we
continue to demonstrate our ability to provide a full suite of
broadband services and network solutions to even the largest
businesses and organizations."
Under the four-year MAA 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 Philadelphia. The MAA contract also allows Winstar the
opportunity to offer new technologies and services as they become
commercially available, which ensures that government users can
exploit 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.
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