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


To: re3 who wrote (308)11/18/1999 12:05:00 PM
From: Skywatcher  Respond to of 786
 
NorthPoint Communications Launches Residential Service Trials
Company Prepares to Deliver Benefits of Broadband Competition To
American Consumers
SAN FRANCISCO, Nov. 18 /PRNewswire/ -- NorthPoint Communications (Nasdaq: NPNT - news) today announced the latest in a series of technical and marketing trials it is conducting in preparation for the launch of a new digital subscriber line (DSL) service for residential customers. Following today's historic and unanimous line sharing ruling from the Federal Communications Commission, NorthPoint's initiative is another important step toward delivering affordable
broadband choice to consumers over a network that will pass nearly half of all U.S. households by the end of next year.
NorthPoint said it is currently offering a consumer-class DSL service on a limited, trial basis through select national ISP partners. The service features speeds up to 416 Kbps, offering subscribers an
affordable, reliable connection to the Internet that is dramatically faster than dial-up service currently used by most households.
''The FCC's line sharing decision removes the last remaining obstacle preventing NorthPoint from delivering to American households the same broadband benefits it has provided to thousands of small and midsize businesses,'' said Liz Fetter, NorthPoint's president and chief operating officer. ''These consumer service trials demonstrate NorthPoint's commitment to the residential market and we look forward to enhancing and expanding our consumer services as the FCC's breakthrough line sharing order is implemented and enforced.''
The launch of consumer service trials follows several other recent NorthPoint initiatives designed to build the industry's most compelling broadband service offering for the home. These initiatives
include successful line sharing tests, the formation of broadband agreements with Microsoft and Tandy Corporation/RadioShack (NYSE: TAN - news), the first G.lite trials by a data CLEC, and ongoing regulatory advocacy with the FCC and state utility commissions.
chris