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Technology Stocks : Nortel Networks (NT)

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To: Paul Fine who wrote (2203)	3/13/1999 6:22:00 AM
From: Kenneth E. Phillipps	Read Replies (1) of 14638

Bell Nexxia, a BCE company cuts the wholesale rates for 1 Meg Modem technology and service - From the National Post Canadian ISPs had been complaining about the lack of access to Bell Canada's 1 Meg Modem service nationalpost.com Tuesday, March 09, 1999 Bell Nexxia cuts wholesale rates for Net service David Akin Financial Post Bell Nexxia has slashed the wholesale rate for its residential high-speed Internet service, a move the Internet industry has said was essential for healthy competition in the market to provide consumers with high-bandwidth multimedia content over the Web. Services that last week had a wholesale price of $150 to $200 a customer per month can now be purchased in bulk for $24 to $33 a month. Internet service providers welcomed the rate cut, but said there are still some other price and service issues to be sorted out before they can begin offering their home users the same kind of high-speed Internet connections now available from most of Canada's cable companies and from many telephone companies. "We're very close to where we need to be," said Ron Kawchuck, president of the Canadian Association of Internet Providers. The new fee schedule by Bell Nexxia, a new company within the Bell Canada group that is responsible for Internet protocol products and services, is for Bell's one-meg modem technology, a type of digital synchronous line technology invented by Nortel Networks.

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