To: RTev who wrote (4611 ) 7/19/1999 9:10:00 AM From: RTev Respond to of 6846
...and from the Rocky Mountain News, there's this interesting look at a possible future for Qwest:The future won't wait anymore rockymountainnews.com and also a good summary of the deal:rockymountainnews.com Highlights from both: "We want to accelerate deployment of broadband and Internet services out of region, and we want to aggressively grow services in-region," explained US West leader Sol Trujillo. To consumers, the combination promises such offerings as movies over phone lines, e-mail over wireless phones and computerized help throughout homes and businesses. ... "We've been building the fastest, next generation superhighway of a network," said Lew Wilks, Qwest's president for Internet and multimedia products. "US West has been building the next generation of off ramps" to bring that backbone capacity to homes and offices. "If (Qwest CEO) Joe Nacchio's smart, he'll make US West the demo system for what he wants to do," said columnist Jim Seymour of TheStreet.com. "It could almost embarrass the other RBOCs (regional Bell telephone companies) into being real companies." They can't wait to get started, said Joe Zell, Wilks' counterpart at US West Interprise. "Already we can complete each other's sentences." For all the grief US West has taken about service levels, Zell said, it is the unqualified leader in deploying high-speed digital subscriber line service. Analysts agreed that US West's deal with Qwest provides the financial and technical capacity to make DSL more widely available. ... While other regional Bell companies installed a lower- cost, lower-speed DSL, US West's product runs at 7 to 8 megabits per second, fast enough to download movies, Seymour said. ... Products for the rest of us include a new WebPhone for e-mail and simple browsing; Web2Go, a hybrid wireless device; and WebVision, "WebTV on steroids" for Net surfing and phone answering without leaving one's couch. On the business side, application service provision -- in which software companies license their products for just-in-time delivery over Qwest's networks -- will soon be available to US West's 25 million customers. ... "We will be a competitive force, and I believe the regulators will see it that way," he said. Much of the money the new Qwest plans to make will come from growth in markets including 30 European cities and 150 U.S. communities the company will serve. The emphasis in Sunday's announcement was on the technology of the next century, based on the Internet's way of moving information. Both companies have aggressively pursued data networking, using new technologies to zap huge amounts of information that is transforming how businesses work. Jim Seymour of TheStreet.com, an online investing newsletter, predicted a smooth merger because both firms are headquartered in downtown Denver. "I think it's going to be pretty easy to get the two companies together," he said.