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Technology Stocks : Ascend Communications (ASND)

ASND 210.91

-0.8%

3:59 PM EST

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To: djane who wrote (45408)	4/27/1998 2:17:00 AM
From: djane	Read Replies (5) of 61433

Qwest Wins U.S. Government Contract To Provide a 'Virtual Private Network' [CSCO provides VPN and ASND provides ATM/frame relay per 4/20/98 announcement] By a WALL STREET JOURNAL Staff Reporter, 4/27/98 DENVER -- Qwest Communications International Inc., expanding into remote data-access services, won a 10-year, $430 million contract to provide the federal government with a "virtual private network" that will allow employees in satellite offices secure access to main-office computers. Qwest declined to disclose the government department or office that awarded the contract. The contract, which Qwest is expected to announce Monday, calls for the telecommunications company to provide the government with hardware, engineering and management services. Qwest is best-known for its plans to complete a national fiber-optic network in 1999. But its move into remote-access services fits Qwest's mission of delivering high-speed, Internet-based services to corporate and government customers. "The virtual private network product line is focused on broadband networking," said Joseph P. Nacchio, Qwest president and chief executive. "That is exactly what the Qwest network was designed for." Return to top of page Copyright c 1998 Dow Jones & Company, Inc. All Rights Reserved.

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