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Technology Stocks : NorthPoint Communications Holdings, Inc. (NPNT) -- Ignore unavailable to you. Want to Upgrade?


To: fiberman who wrote (234)10/28/1999 1:29:00 AM
From: Skywatcher  Respond to of 786
 
So much for the post...earnings came out after the BELL today!@
As well as more great news concerning new alignments!
NorthPoint Communications Unveils DSL Network Expansion Plans;
Broadband Network to Pass Approximately Half of All U.S. Businesses and Homes Next Year
SAN FRANCISCO, Oct. 27 /PRNewswire/ -- NorthPoint Communications (Nasdaq: NPNT - news) today announced plans to extend its national digital subscriber line (DSL) network to more than 50 percent of all businesses and nearly 45 percent of all homes in the United States by the end of next year. Already available in more markets nationwide than any other DSL service, these expansion plans will make NorthPoint's high-quality DSL offering available to more U.S. businesses and consumers than any other competitive provider.
NorthPoint plans to expand its network to serve subscribers in 32 new markets, increasing its presence to a total of 60 major metropolitan areas and 110 MSAs. NorthPoint DSL is currently available in 28 markets and 51 MSAs.
Upon completion of its network build, NorthPoint's DSL network will pass 80 percent of all businesses and 75 percent of homes in the markets it serves.
''NorthPoint's aggressive network expansion plan is part of an ongoing strategy to rapidly build a broad geographic footprint and to gain the first- to-market advantage in as many locations as possible,'' said Liz Fetter, NorthPoint's president and chief operating officer. ''NorthPoint has met an ever-increasing demand for its high-speed Internet access service -- available from more than 200 Internet and other network service provider partners -- in its 28 operational markets, and we look forward to delivering the benefits of broadband to more businesses and consumers across the country.''
NorthPoint DSL uses standard telephone lines to provide access to the Internet at speeds up to 1.5 Mbps. Once limited to dial-up modem connections and speeds of 56 Kbps at best, DSL offers small and mid-size businesses, home- based business and telecommuters ''always on'' Internet access at speeds that will support advanced applications once reserved only for large businesses able to afford expensive ''T-1'' connections.
NorthPoint will introduce service in the following new markets before the end of 2000:
Alabama - Birmingham
Arizona - Tucson
California - Fresno, Sacramento, Santa Barbara
Connecticut - Hartford
Florida - Jacksonville
Kansas - Kansas City, Wichita
Kentucky - Louisville
Louisiana - New Orleans
Michigan - Grand Rapids
Nevada - Las Vegas
New Mexico - Albuquerque
New York - Albany, Buffalo, Rochester, Syracuse
North Carolina - Charlotte, Greensboro
Ohio - Cincinnati, Columbus, Dayton
Oklahoma - Oklahoma City
Pennsylvania - Harrisburg
Rhode Island - Providence
Tennessee - Memphis, Nashville
Texas - San Antonio
Utah - Salt Lake City
Virginia - Norfolk, Richmond
FOLKS WE BE SMOKIN' NOW
chris