So Excels giving up a few........hey!
HitCom Announces Expansion of Telephony Switching Network and Integration of IP Telephony
February 2, 1999
ST. LOUIS--(BUSINESS WIRE)HitCom Corporation (NASDAQ
OTC:HICO), a facilities-based
telecommunications company headquartered
in St. Louis, Missouri, today announced that
it has expanded its telephony switching
network with the purchase of another Excel
switch from Excel Switching Corporation
(NASDAQ:XLSW). Also, the Company is
developing plans for implementation of IP
Telephony as an integral element of its
network.
HitCom has purchased an Excel switch for
deployment at a new switching facility in
Toronto, Canada. This facility complements
HitCom's existing switching facility in Canada
and will operate on the same technology
platform that drives HitCom's switching
facility in St. Louis. "This addition represents
another step in the expansion and
standardization of HitCom's telephony
network and a tremendous advance of
HitCom's goal of reducing its existing cost
structure while improving the quality of the
service it provides," said Rajan Arora,
HitCom's president and CEO.
"Voice over IP technology has been maturing
rapidly over the past few years. While
implementing Voice over IP using the Internet
as the vehicle for transmitting call results in
poor voice quality and intermittent service,
private data circuits perform quite well. And,
the cost benefit of utilizing Voice over IP to
carry strategic portions of our traffic is
enormous," said Scott Beil, HitCom's chairman
and chief operating officer.
Arora added, "With the improvements we
have recently made, and those that will be
made in the near future, HitCom will be
poised to take advantage of many
opportunities, from reduction of existing
carrier costs to the development of new
product lines and revenue streams which will
create new customers. We will be able to
offer competitive services similar to GTC
Telecom (NASDAQ OTC:GTCC). Further, our
database of existing customers will provide a
ready market for our new planned services." |
