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Technology Stocks : Newbridge Networks
NN 12.17-3.4%2:08 PM EST

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To: zbyslaw owczarczyk who wrote (5275)6/22/1998 4:28:00 PM
From: pat mudge  Read Replies (1) of 18016
 
From Deutsche Telekom's website:

dtag.de

dtag.de

Could NN be involved through the following partnership?
<<<
Deutsche Telekom, Energis and France Telecom to build new state-of-art telecom networks for Britains cities

April 2 1998 -- Deutsche Telekom, Energis and France Telecom today announce the creation of a new company, MetroHoldings Limited.

MetroHoldings will build new local metropolitan area telecom networks in Britains principal cities, starting in London, thereby extending Energis' existing national network, creating direct links with business customers. Following London, the next cities are expected to be Manchester and Birmingham.

MetroHoldings is owned 50 % by Energis and 25 % each by Deutsche Telekom and France Telecom. MetroHoldings will deliver state-of-art, local telecoms networks more rapidly and more cost effectively than if the three parties were to build these networks on their own. The networks will deploy the latest SDH broadband fibre optic transmission technology - the same technology as used in Energis existing national network. The new network will allow the partners and Global One to develop a full range of innovative, value added services to better serve the needs of business customers in the UK, such as national and international voice and data services and City Nets. This will enable businesses directly to receive higher quality, higher reliability and lower cost telecoms services.

Construction of the local networks is made easier, quicker and less expensive because Energis' existing network, largely carried over the National Grid, already encircles and runs through the major conurbations and, in London, runs through the London Underground. This reduces construction cost and increases construction speed. As the two major European telecommunications operators, Deutsche Telekom and France Telecom will provide their own proven know how and link their respective international networks. Energis will be responsible for network design, planning, construction and network management for MetroHoldings. The Directors of MetroHoldings are Mike Grabiner, Chief Executive of Energis plc, John Beaumont, Director of Strategy and Business Development of Energis plc, Rex Stephenson, Senior Executive Director, Worldwide Networks of Deutsche Telekom, and Francois Comet, Vice President, Alternate Networks of France Telecom.

Commenting on behalf of Deutsche Telekom, Paul Grosse, Senior Executive Director, New Business Development and Management, said : We are very pleased to have Energis as our strong and innovative partner in the U.K. Through the infrastructure joint venture, we have excellent access to local loops. Our customers will benefit greatly from this."

Commenting on behalf of Energis, Mike Grabiner, Chief Executive, said: ®This is an important addition to Britainss telecoms infrastructure and will bring state of the art networks to our principal cities. Connecting right to the doors of our business customers will significantly broaden our network reach and reduce our delivery costs. We also strengthen our commercial relationships with two major European telecom operators, with which we already have correspondent relationships on international traffic, and which will use Energis' state-of-art national network.¯

Commenting on behalf of France Telecom, Francois Comet said: ®Thanks to this agreement, France Telecom will develop its presence in the UK at a reduced cost, thus complementing the international services offered by Global One. We will offer business customers very high quality services at competitive prices. This London network will be connected with the major European business centres and enable corporations to benefit from city to city broadband managed services.¯

For further information, please contact:

Deutsche Telekom

Press Office
Hans Ehnert

Tel: + 49 228 181 4949
Fax:+ 49 228 181 8941

France Telecom

Corporate Information
Bruno Janet

+ 33 1 44 44 93 93
+ 33 1 44 44 80 34
+ 44 171 343 2430

Energis plc

Press Office
Annie Jupp

+ 44 171 206 5700
+ 44 171 206 5414>>>>
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