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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 196.01-0.8%3:59 PM EST

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To: Neil H who wrote (907)1/20/1998 8:14:00 PM
From: Maverick  Read Replies (1) of 1629
 
Techs and telcos agree on faster Net access

Compaq Computer, Intel and Microsoft reportedly will announce next
week they have agreed on a technology standard which could boost
Web access speed by a factor of 30 using plain old telephone
lines. The agreement was reported Tuesday by The New York Times,
which said the group also includes GTE Corp., and the regional
Bell companies except Bell Atlantic. They hope that new modems
supporting the "digital subscriber line" (DSL) will be available
by Christmas. DSL is currently in tests by some local telephone
companies; U.S. West offers it in Phoenix at a monthly subscriber
fee of $40. The agreement on DSL is seen as a competitive move.
Howard Anderson, managing director of the Yankee Group, a
technology consulting firm, said "The real target of this is the
cable modems. Now the consumer has a choice."
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