BW1022 SEP 09,1999 3:01 PACIFIC 06:01 EASTERN
( BW)(NY-WINSTAR-COMMUNICATIONS)(WCII) WinStar Signs Agreement With Tishman Speyer Properties to Offer Broadband Communications Services to Tenants Worldwide
Business & Telecommunications Editors
NEW YORK--(BUSINESS WIRE)--Sept. 9, 1999--
WinStar's Wireless Fiber(SM) Network and Services to be Offered in
Tishman Speyer Buildings, Including Rockefeller Center
and Chrysler Center
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 famous 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.
"Having access to fast and reliable broadband technology is
essential for our commercial tenants," said Steve Grant, Tishman
Speyer's National Leasing Director. "By offering WinStar's advanced
voice and data services, including high-speed Internet access, our
clients have access to the tools necessary to compete in today's
business environment."
"This agreement provides us access to premier buildings in key
WinStar markets both domestically and internationally," said Rick Uhl,
president of WinStar for Buildings. "We are pleased to be working with
Tishman Speyer to bring the very best in advanced, end-to-end
broadband communications services to their tenants."
WinStar works with commercial building owners and managers to
provide tenants with a range of state-of-the-art communications
services through its national broadband network. Buildings can be
quickly connected to WinStar's fixed wireless network, giving tenants
swift access to local and long distance phone service, Internet, video
conferencing, data applications and other advanced telecommunications
and data services.
Tishman Speyer Properties (TSP) has decades of successful
experience as a leading international owner/builder, and is known for
adding value to real estate. Founded in 1978 by Robert Tishman and
Jerry Speyer, TSP's history of success has been the result of
pioneering in new markets, bold initiatives with new technology and
construction techniques and, most importantly, an unwavering
commitment to excellence. The company now operates from its
headquarters in New York and from 16 TSP offices worldwide, including
Frankfurt, Berlin, London, Paris, Krakow, Warsaw and Sao Paulo, as
well as nine other offices in the United States.
WinStar Communications, Inc. is a pioneer in providing business
customers with broadband communications services, including local and
long distance phone service, as well as high-speed Internet access,
data and information services. WinStar provides these Wireless
Fiber(SM) services in more than 30 U.S. markets over its own local
broadband networks, using its licenses in the 28 and 38 GHz spectrum,
which are connected to the company's nationwide fiber-optic network.
In addition, the company offers Wireless Fiber services in two markets
outside the U.S. In the past year, WinStar has become one of the
largest Internet companies in the U.S. Recently, the company announced
a destination Web site for businesses, Office.com(SM), a service from
WinStar.
Except for any historical information contained herein, the
matters discussed in this press release contain forward-looking
statements that involve risks and uncertainties, which are described
in the company's SEC reports, including the 10-K for the period ended
December 31, 1998, and the 10-Q for the period ended June 30, 1999.
WinStar is a registered trademark, and Wireless Fiber and
Office.com are service marks of WinStar Communications, Inc.
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