Maybe the "Last Mile" will come via Canadian Telcos
Friday October 30, 3:03 pm Eastern Time
Bell Canada announcement/U.S. broadband
(Full text of press release from Canadian Corporate News)
OCTOBER 30, 1998
Bell Canada Extends Reach of New National Broadband Company Into United States
MONTREAL, QUEBEC--Bell Canada President and Chief Operating Officer John A.
MacDonald today announced the
expansion of its National Broadband Company's fibre network into the United States.
Bell has reached an agreement with Telergy Inc. of New York State for a 20-year lease
on dark fibre optic cable over two
diverse routes between Montreal and New York City and Toronto and New York
City. Telergy is a fibre network developer
and competitive local exchange carrier operating in North Eastern United States.
''This acquisition will extend our network into the important New York City market,
supporting the implementation plans for
our national company,'' said Mr. MacDonald. ''It will also provide valuable network
transport capacity for future North
American and international traffic initiatives, and can serve as an alternative high-speed
transport route for traffic over the
Montreal to Toronto corridor. It is yet another sign of our determination to build the
most advanced and far-reaching
broadband and Internet Network in this country.''
This latest acquisition complements the purchase of fiber optic facilities between
Toronto and the West coast from
fONOROLA-Ledcor Industries consortium for Bell's national broadband company
which will be launched in early 1999. The
new company will now have direct facilities-based access in the following cities outside
of Quebec and Ontario: Winnipeg,
Edmonton, Calgary, Vancouver, Victoria, Seattle, Chicago, New York City, Detroit,
Albany and Buffalo.
Mr. MacDonald who will also be Chairman of the Board of the new company,
announced the appointment of Terry Jarman as
President and Chief Executive Officer of the new organization.
Mr. Jarman is Executive Vice-President of Corporate Development at Bell Canada,
responsible for a broad range of activities
including domestic and international alliances. He has an extensive telecommunications
background in Canada, the United
Kingdom and internationally.
In completing his executive team, Mr. Jarman announced that Charles Childers has been
appointed Senior Vice-President of
Sales and Marketing at the new company. He is Group Vice-President, Corporate
Markets and Sales at Bell Canada
responsible for serving major corporate clients. He has also worked in senior positions
with Nortel and Pacific Bell.
Marc Bouchard has been appointed Senior Vice-President Business Development and
Finance. Mr. Bouchard was previously
Chief Operating Officer of fONOROLA Inc. where he also served as Chief Financial
Officer. He has extensive financial and
management experience and has also worked for Shearson Lehman Brothers Inc..
Tom Hope has been appointed Senior Vice-President of Operations and Technology
encompassing the planning and
implementation of the national network and its advanced communications services. He
was formerly President of Stentor
Canadian Network Management. He has also held senior positions in SaskTel with both
domestic and international
assignments.
''The challenges facing our new national broadband company demand exceptional depth
at the executive level and; that
combines entrepreneurial leadership with keen industry insight,'' said Mr. Jarman. ''That
is exactly what we have achieved
through these appointments.''
Bell Canada, the largest Canadian telecommunications operating company, markets a
full range of state-of-the-art products and
services to more than seven million business and residence customers in Ontario and
Quebec. Bell Canada's Internet web site is
located at: bell.ca. News releases, speeches and background information
are in the Newsroom under the About
Bell main menu. Our e-mail address is forumbell.ca.
FOR FURTHER INFORMATION PLEASE CONTACT:
BCE Inc.
Jean-Charles Robillard
Corporate Communications
(514) 786-3908
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BCE Inc (Toronto:BCE.TO - news)
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