Quest Net Signs Contract With e.spire Communications Inc. to Purchase PRI's
Tuesday April 6, 4:30 am Eastern Time
MIAMI--(BUSINESS WIRE)--April 6, 1999--Quest Net Corp. (OTC BB:QNET - news) has completed a three year contract with e.spire Communications Inc. (Nasdaq:ESPI - news), an integrated communications provider (ICP), to purchase PRI's in the southeast region of the United States. This will add additional capacity to the substantial bandwidth that Quest Net Corp. already has.
''This contract enhances Quest Net's ongoing strategy of providing high-quality, high-speed Internet access and superior customer service. Quest Net is committed to offering our customers the fastest, most reliable Internet services available,'' said Camilo Pereira, chief executive officer of Quest Net.
e.spire joined the top Tier 1 Internet companies by completing initiatives that enhance customers' access to business Internet solutions and provide expanded national network coverage. The company implemented major private network interconnections with Sprint (NYSE:FON - news), UUnet (Nasdaq:WCOM - news) and Exodus (Nasdaq:EXDS - news), three of the largest providers of Internet backbone network
services, and unveiled major network enhancements that expand the e.spire Internet backbones bandwidth, coverage and redundancy. e.spire's new private peering agreements augment its existing public peering arrangements. It currently peers with over 35 Internet Service Providers at MAE-East, MAE-West, the Ameritech NAP and the Sprint NAP. Over the last three years, e.spire has raised approximately $800 million in capital to fuel its growth and development of new business offerings.
Based in Miami, Quest Net (OTC BB:QNET - news) operates its own OC-12 (622 Mbps) Fiber optic self-healing SMARTRing backbone running
from Key West to Sebastian, Fla. It is a provider of secure, full-service global Internet and Intranet broadband digital networking solutions for businesses and individuals. Quest Net is one of the largest regional Internet Service Providers with Dial-up POP's (point-of-presence) in 228 cities and over 2,000 clients, mostly small businesses. It also offers dedicated high-speed Internet access, metropolitan and wide area network data transport services, including virtual private networks, to several commercial clients and other ISP's, and Wireless Internet Connection at a speed of up to three Mbps to a distance of eight miles on a license free spectrum. Quest Net offers one of the fastest and cleanest routing systems for the transfer and delivery of voice, video and datastreams at speeds ranging from 64 Kbps to 155 Mbps (OCO-3), as well as frame relay connections at speeds up to 45 Mbps.
This press release may contain forward-looking statements made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, continued acceptance of the Company's products, subscriber growth, product demand, competition, and other risks and uncertainties detailed from time to time in the Company's periodic reports. This and additional information can be found on the Company's website at www.questnetcorp.com or can be obtained from the Company upon request.
Contact:
Quest Net Corp., Miami
George Elia, 305/935-1080
Email: Info@ipquest.com |
