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Technology Stocks : Arris International PLC (ARRS)
ARRS 31.660.0%Apr 4 5:00 PM EST

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From: Arthur Tang10/16/2006 5:59:56 PM
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ARRS announced the joint efforts to demonstrate the Cedar Point SafariC3 telephone packet switching system for Cable operators to roll out their flat rate local telephone service.

The cable market is now very competitive with telcos.

They are offering the flat rate $100/month three tier services of cable tv, broadband internet and local telephone.

The local telephone service is the latest addition to the monthly cable charges. ARRS expects a major revenue explosion from cable roll outs.

Cedar Point communication is still privately owned by several venture capital firms including Comcast. Total investment todate is about $70 million.
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