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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (656)	9/9/1999 7:02:00 AM
From: Mazman	Read Replies (1) \| Respond to of 1860

WinStar Signs Agreement With Tishman Speyer Properties to Offer Broadband CommunicationsServices to Tenants Worldwide 9/9/99 5:56:01 AM WinStar Communications, Inc. (NASDAQ: WCII) today announced that it has signed an agreement with Tishman Speyer Properties to offer its Wireless Fiber(SM) service to tenants worldwide. Tishman Speyer is one of the premier owners and builders of real estate in the United States and throughout the world. Total footage of Tishman Speyer property is more than 36.4 million square feet, with an additional five million square feet currently under development. Under the terms of the agreement, WinStar will be able to offer its state-of-the-art, high-speed communications capabilities to commercial buildings in the Tishman Speyer portfolio, including the world famou Rockefeller Center, the landmark Chrysler Center in New York City, and buildings in other WinStar markets such as Washington DC/Northern Virginia, Houston, Chicago, San Francisco, London and Buenos Aires.

To: SteveG who wrote (656)	9/9/1999 5:25:00 PM
From: MangoBoy	Respond to of 1860

[Advanced Radio Telecom Closes $251 Million Equity Investment From Qwest Communications and Investor Group] ART Adds Customers to 100Mbps Network in San Jose Today BELLEVUE, Wash.--(BUSINESS WIRE)--Sept. 9, 1999--Advanced Radio Telecom Corp., a provider of 100Mbps Internet network service, today announced the completion of a $251 million equity investment from Qwest Communications International Inc. and a group of high-tech investment funds. "We are delighted to have Qwest as our single largest investor and strategic partner and will be working very closely with them over the years ahead as we build out our broadband wireless/fiber network," said Henry C. (Harry) Hirsch, chairman and CEO. "The technological sophistication of Oak Investment Partners and the other high-tech investors will also be a great help as we deploy our new metropolitan area networks in 40 of the top communications markets over the next few years. With this substantial investment we can accelerate our efforts to provide non-fibered businesses the bandwidth they need to compete in this communications driven world." On August 24, ART announced the launch of commercial 100Mbps Internet network services to businesses in San Jose, Calif., with the first customers being turned up on the network today. ART has been testing the network over the past several months using Triton Network Systems' Invisible Fiber(TM) wireless technology. A number of applications for the network were demonstrated recently in San Jose, including rapid file transfer, Cisco Systems' IP Voice and IP TV, and GE Americom's Bloomberg streaming video. With the closing of the transaction, the ART board of directors elected Bandel Carano, general partner at Oak Investment Partners and Marc Weisberg, senior vice president of corporate development at Qwest to ART's board. To maintain a seven-member board, two current ART directors -- Mark C. Demetree, chairman, president and CEO of U.S. Salt Co., and James C. Cook, senior vice president and partner, First Union Capital Partners -- have resigned. "I would like to take this opportunity to thank Mark and Jim for their outstanding service to the company over the years," said Hirsch. "The ART board has been very active in defining the direction of the company. Their participation will be missed. At the same time, I would like to extend a warm welcome to Bandel and Marc. Their expertise and advice will be invaluable as we capitalize on this very promising and exciting opportunity."