Anyone see the MCLL news. Tried to post, but SI was down. Any thoughts from anyone?
Wednesday November 17, 3:02 pm Eastern Time Company Press Release SOURCE: Metrocall, Inc. Metrocall Forms New Strategic Business Unit: 'Metrocall.net' Unit Will Deploy a Suite of Applications and Services Including: Broadband Internet Access, Unified Messaging and Wireless E-Mail ALEXANDRIA, Va., Nov. 17 /PRNewswire/ -- Metrocall Inc. (Nasdaq: MCLL - news), a leading wireless communications and messaging provider, announced today the formation of a new strategic operating division, Metrocall.net. Metrocall.net will nationally market bundled service solutions to home office as well as small and mid-sized enterprises. The range of bundled offerings will include broadband Internet access -- initially using Digital Subscriber Line (DSL) services -- wireless e-mail, filtered content, unified messaging as well as other applications and services. The formation of this new business unit will give Metrocall the ability to meet the growing customer demand for high speed Internet access and to enter the Application Service Provider (ASP) marketplace. The Metrocall.net unit will be located in close proximity to the Internet and high technology corridor that has emerged in northern Virginia.
``The digital revolution has created a growing demand within our subscriber ranks for more advanced services that require the integration of computing, wired and wireless communications, as well as application development,' stated William L. Collins, III, Metrocall's president and CEO. ``Many of our business customers tell us that they have to cope with a complex and costly orchestration of services from several different providers. The creation of Metrocall.net provides us with the ability to package a number of services in a synergistic way, that is more efficient and generates significant savings for our most valued customer categories,' Collins added.
Metrocall.net and Metrocall will team with leading technology companies to fashion powerful integrated service offerings. The new business unit will initially concentrate its marketing efforts on Metrocall's existing base of 5.9 million wireless messaging subscribers. Metrocall has selected Thomas P. Matthews to head up Metrocall.net. Matthews currently serves as the company's senior vice president of corporate and business development.
``Through the successful execution of Metrocall's consolidation and integration strategy, our Company has brought together a national distribution network as well as a substantial customer base. This will enable Metrocall.net to meet emerging service demands with a cost structure that will help us grow our cash flow,' Collins stated. ``The diversification and expansion of our product portfolio will enhance revenue opportunities as we strengthen the relationships we have built with our customers,' he added.
Metrocall, Inc., headquartered in Alexandria, Virginia, is one of the largest paging and wireless messaging companies in the United States, serving some 5.9 million subscribers through its Nationwide Wireless Network. For more information on Metrocall please visit www.metrocall.com or AOL Keyword: Metrocall.
SOURCE: Metrocall, Inc.
Wednesday November 17, 3:15 pm Eastern Time Company Press Release SOURCE: Metrocall, Inc. Metrocall to Offer DSL Services Agreement With Covad Communications Adds High Speed Internet Access to Metrocall.net's Offerings ALEXANDRIA, Va., Nov. 17 /PRNewswire/ -- Metrocall, Inc., (Nasdaq: MCLL - news), a leading wireless messaging provider, announced today that it has signed an agreement with Covad Communications (Nasdaq: COVD - news), the leading national DSL broadband services provider, whereby Metrocall will resell Covad digital subscriber line (DSL) services to its business and individual customers. The agreement enables Metrocall.net, the Company's new high-tech strategic business unit, to deliver high-speed Internet access, and other integrated communications data services via Covad's DSL technology to its customers in most major US metropolitan markets. Covad currently offers DSL service in 51 metropolitan statistical areas (MSAs) and will expand availability of its service to the top 100 MSAs by the end of the year 2000. Metrocall and Covad will also participate in joint marketing and advertising activities.
``DSL technology is ideally suited for small-to-medium sized businesses, home offices and telecommuters. Metrocall has the ideal customer base of hundreds of thousands of small and mid-sized commercial accounts as well as a large base of home office users that seek high-speed access services. Thus, the demographic 'sweet spot' for DSL services perfectly matches our most profitable and most loyal customer portfolios,' said William L. Collins, III, president and chief executive officer of Metrocall. ``Through this strategic relationship with Covad, we now have the ability to deliver DSL services with marginal acquisition costs,' added Collins.
``Metrocall is a great channel for offering high-speed, always-on Internet access to customers who already value being constantly in touch with their business and personal connections,' said Robert Roblin, Covad's executive vice president of sales and marketing. ``This is another example of Covad working with market leaders to expand its channels to reach more business and home users with the benefits of broadband access,' Roblin added.
DSL enables a broad range of consumer and business multimedia applications that are feature-rich. The service is capable of delivering future high- bandwidth applications such as ultra-fast, always on Internet access, streaming audio and video, video games, remote LAN and multimedia access and video conferencing.
``Metrocall's newly formed strategic business unit, Metrocall.net, is pleased to offer high-speed Internet access services. Packages will feature wireless e-mail with filtering, unified messaging and other powerful utilities to help companies and individuals dramatically increase their productivity and enhance communications,' said Thomas P. Matthews, Metrocall's senior vice president of corporate and business development. ``The agreement with Covad will allow Metrocall to deliver high-quality and feature-rich integrated data communications services over a single low-cost connection.'
Metrocall, Inc., headquartered in Alexandria, Virginia, is one of the largest paging and wireless messaging companies in the United States, serving over 5.9 million subscribers, through its Nationwide Wireless Network. For more information on Metrocall please visit www.metrocall.com or AOL Keyword: Metrocall.
SOURCE: Metrocall, Inc. |