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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 200.15-0.5%3:59 PM EST
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To: Gary Korn who wrote (1062)1/29/1998 7:14:00 PM
From: Maverick  Read Replies (1) of 1629
 
Intermedia wins U S WEST data contract. US WEST will use Intermedia's ASND-based data NW.
Reuters Story - January 29, 1998 18:47
TAMPA, Fla., Jan 29 (Reuters) - Intermedia Communications
Inc said Thursday it had signed a definitive, multi-year deal
to become U S WEST Communications Group's preferred
provider of data services between phone calling regions.
In a statement, Intermedia said the agreement would alllow
U S WEST to offer seamless, national, high-speed data and
Internet services.
Financial details were not disclosed. The pact is designed
to link the incumbent local exchange carrier's existing "frame
relay" high-speed data system with Intermedia's network of
back-office switches capable of interconnecting regional phone
systems.
U S WEST's local operations serve a fourteen-state region
and anchors Intermedia's nationwide network expansion, enabling
Intermedia's network to send and receive data across the 48
contiguous U.S. states, the company said.
Under terms of the preferred provider agreement, Intermedia
will license U S WEST to use and market Intermedia's portfolio
of enhanced data networking services, including ViewSpan,
Intermedia's advanced network monitoring and service platform.
This technology allows Intermedia and its partners visibility
across multiple Cascade-based data networks for an end-to-end
network view allowing customers to monitor the performance of
their service in real time.
Cascade is a unit of Ascend Communications Inc.
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