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Technology Stocks : Harmonic Lightwaves (HLIT)
HLIT 9.565+0.3%Nov 28 12:59 PM EST

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To: Claude Edelson who wrote (1940)2/17/1998 10:25:00 PM
From: Hiram Walker  Read Replies (1) of 4134
 
Claude et all, Great news!!
Tuesday February 17, 8:33 am Eastern Time

Company Press Release

Scandinavia's First High-Speed Internet Satellite Service Powered by New Media Communication -- a Harmonic Lightwaves Subsidiary

New Media Provides Tele2 and ViaSat with Complete System for

Delivering High-Speed Internet Access via Satellite

It was announced today that New Media Communication, Ltd., a subsidiary of Harmonic Lightwaves, Inc., (NASDAQ:HLIT - news) is supplying Connect2Sat -- Scandinavia's first satellite-based, high-speed Internet service -- with a complete solution for offering subscribers high-speed Internet access.

Connect2Sat is being offered by Tele2 and ViaSat, Scandinavia's leading satellite, cable and Internet service operators. The service was recently launched in Sweden and Norway, and is expected to be launched in Denmark in the second quarter of 1998.

New Media's integrated and complete solution enables satellite, cable television and wireless cable operators to offer subscribers high-speed Internet access and other innovative data services. An end-to-end solution, from the data gateway transmitter at the satellite uplink, to the end-user receiver card in the subscriber's PC, the system supports Internet access at speeds of up to 48 Mbps via satellite -- the industry's fastest. The system fully complies with Digital Video Broadcast (DVB) and Motion Picture Experts Group (MPEG) 2 standards.

Currently, Tele2 has configured its service to be more than twice as fast as ISDN, and the company is offering the service to the 900 thousand direct-to-home (DTH) satellite dish owners in Sweden, Norway and soon in Denmark. The total number of potential customer households is greater than that of all other Scandinavian satellite operators combined. Shortly the service will be sold by ViaSat's distribution network to approximately 4,000 authorized dealers.

''The basic service we offer allows subscribers to surf the Internet at the amazing speed of 200-300 Kbps. Imagine downloading a file that would take 10 minutes with a standard 28.8 Kbps phone modem, in less than a minute!'' said Ulf Johansson, NetCom's product development manager.

''Now we are able to offer our customers not only television channels, but also Internet and this is without our customers having to buy digital set-top boxes,'' said Peder Ramel, managing director of Nordic ViaSat. ''It's tremendously exciting to be the first company to launch Internet services geared to the future.''

''The New Media team is very proud to have been chosen to provide the platform for this innovative service,'' said Effi Atad, president of New Media. ''The combination of our state-of-the-art technology with ViaSat and Tele2's commanding presence in Scandinavia is a winning combination.''

About Tele2 - NetCom systems AB

NetCom system AB, established in 1993, is the leading alternative supplier of telecom services in Scandinavia. The company carries on business in the areas of GSM mobile telephony (in Sweden under the brand name Comviq and in Norway through the stock-exchange listed company NetCom ASA), and public telephone and computer communications (in Sweden under the brand name Tele2, and through the subsidiary companies Tele2 A/S in Denmark and Tele2 Norge A/S in Norway). The group is also involved in the field of cable TV services. The company is listed in the Stockholm Stock Exchange, and on Nasdaq under the symbol NECSY.
Hey I just got rid of my Time Warner cable,it just went up 10%. I am now using MMDS from Wireless Broadcasting of Melbourne. LMDS is going to be a hit,if those bidding on it plan to use it,and not to hold it hostage,and sell it back to the RBOC's. I am planning on contacting
WBS,and seeing if they are seeking 28 GHZ spectrum.
Tim
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