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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: nick stalin who wrote (40196)	12/7/1999 3:52:00 PM
From: puborectalis	Respond to of 108040

KQIP to continue rise on news with COLT, now that Colt is up big>.....KPNQwest Signs Local Access Master Services Agreement with COLT Local Access Agreement Allows KPNQwest to Provide End-to-End, One-Stop-Shop Multimedia, Voice, Data and Internet-Based Services Across Europe DENVER, Nov. 30 /PRNewswire/ -- Qwest Communications International Inc. (Nasdaq: QWST - news), the broadband Internet communications company, today announced that KPNQwest NV (Nasdaq: KQIP; ASE: KQIP), the Dutch-based data communications company, successfully implemented a Master Services Agreement with COLT Telecom Group plc (Nasdaq: COLT; London: CTM.L) that will complete the local loop for the provision of secure, high-speed, high-capacity bandwidth to KPNQwest's customers in key markets across Europe. The agreement will give KPNQwest customers direct access to their sites in all cities served by COLT's European operations, using ultra-high speed services based on Internet Protocol (IP) and Asynchronous Transfer Mode (ATM) technology. ``Through this agreement with COLT, our customers now have superior local connectivity to KPNQwest's EuroRings(TM), our pan-European high-speed macro- capacity fiber-optic network, and through our seamless links with Qwest's network to over 150 metropolitan cities in the U.S. It increases our ability to accelerate the arrival of the broadband Internet economy in Europe,' said Jack McMaster, CEO of KPNQwest. Under the terms of the agreement, COLT is a preferred supplier of local access circuits across its network, giving customers a competitive choice when planning pan-European networks. KPNQwest already uses COLT to reach over 100 customers in 5 countries. The one-stop-shop approach enables network design to be completed much faster than previously possible, and the resulting seamless solution performs better and is easy to manage. As the KPNQwest network, which already links 9 cities, rolls out across Europe, customers can take advantage of direct access at competitive prices in an increasing number of business locations.