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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Atticus who wrote (13491)2/17/1999 2:28:00 PM
From: MARK C.  Read Replies (2) of 90042
 
Taken from the PAIR thread:
To: +Joe Pirate (28700 )
From: +MAX404 Wednesday, Feb 17 1999 12:37PM ET
Reply # of 28701

This came from xDSL online-newsletter. Is Pair or Aware involved in this revenue stream? Life would be so much easier if it were always clear who is buying from whom ...

February 17, 1999 -- Regional phone
operator BellSouth Corp. and network
equipment supplier 3Com Corp.
Wednesday said BellSouth plans to offer
high-speed Internet services over its
phone lines in its southeast U.S. service
area.

BellSouth shares soared more than 10
percent ahead of the announcement,
closing up $4.81 at $49.50, only 50 cents
off its 52-week high, in New York Stock
Exchange composite trade Tuesday.

It will be the widest deployment of
high-speed Internet services via ADSL
(asymmetric digital subscriber line) and
will be available to over five million
customers in 30 southeastern markets
during the first half of 1999.

The BellSouth.net FastAccess ADSL
service will compete with high-speed
services offered over cable television,
provided by AtHome Corp. and AT&T
Corp. following its acquisition of
Tele-Communications Inc.

BellSouth will use 3Com equipment in its
offices, and the companies will offer 3Com
modems and BellSouth high-speed
services through joint retail and online
locations and BellSouth sales offices to
encourage people to use the service for
Internet access.

The companies plan to offer equipment
that meets ADSL industry standards that
allow it to run on any high-speed network
by the middle of 1999.

The alliance is part of BellSouth's data
strategy, which the company said it
expects to generate more than $5 billion in
data services revenue annually by 2002.



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