DSLN news looks pretty good....
(COMTEX) B: DSL.NET REACHES 100 CITY MILESTONE NATIONAL PROVIDER OF I
B: DSL.NET REACHES 100 CITY MILESTONE NATIONAL PROVIDER OF INTERNET SERVICES
CONTINUES IS SUCCESSFUL OPERATIONAL DEPLOYMENT
NEW HAVEN, Conn., Dec 22, 1999 /PRNewswire via COMTEX/ -- DSL.net,
Inc. (Nasdaq: DSLN), a direct provider of high-speed Digital Subscriber
Line (DSL) Internet access services for businesses, today announced
that it has achieved operational status in 100 cities. The Company
reached this milestone with the addition of Louisville, Kentucky to the
growing list of Tier II and Tier III cities being serviced by DSL.net.
Small- and medium-sized businesses in these cities can receive
flat-rate, "always on" Internet services at speeds up to 1.5Mbps.
"Meeting our year-end goal of 100 operational cities is a great
launching pad for accelerated growth in the coming year," said David
Struwas, president and chief executive officer DSL.net. "We're
delivering on our promise to bring business-class, high-speed Internet
services to a previously under-served market in smaller cities across
the US."
Currently, DSL.net offers equal transmission speeds both upstream and
downstream (symmetric DSL) on a direct basis to customers, providing
organizations with high-quality, business-class Internet access and
broadband services including Web Hosting and Enhanced Email. "DSL.net
is going coast- to-coast to bring affordable accessibility and services
to businesses previously left out of the loop," continued Struwas.
"We've designed an end- to-end network, engaged in strategic
partnerships, and built private peering relationships with other tier
one network providers to ensure that businesses receive the quality of
service they deserve."
For more information regarding availability, please call 1-877-DSL-NET1
(1-877-375-6381) or visit www.dsl.net.
About DSL.net Based in New Haven, CT, DSL.net, Inc. is a high-speed
data communications and Internet access provider that uses digital
subscriber line technology to provide high-speed Internet access
solutions to small- and medium-sized businesses. DSL.net is
establishing services in second and third tier cities throughout the
United States. As of December 22, 1999, DSL.net had provided service or
had installed equipment in over 100 cities. For more information on
DSL.net visit www.dsl.net.
FORWARD LOOKING STATEMENTS This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. These statements are subject to a variety of risks
and uncertainties, many of which are beyond DSL.net's control, which
could cause actual results to differ materially from those contemplated
in these forward-looking statements. In particular, the risks and
uncertainties include those described under "Risk Factors" in DSL.net's
October 6, 1999 IPO Prospectus, which include, among other things, (i)
DSL.net's extremely limited operating history, which makes it difficult
to evaluate its business and prospects; (ii) the difficulty of
predicting the new and rapidly evolving high-speed data communications
industry; (iii) DSL.net's history of, and expectation of additional,
losses and negative operating cash flow and need to obtain significant
additional funds on acceptable terms; (iv) DSL.net's unproven business
model, which may not be successful; (v) DSL.net's ability to negotiate,
enter into and renew interconnection and collocation agreements with
traditional local telephone companies; (vi) the intense competition in
the high-speed data communications industry, which may negatively
affect the number of DSL.net's customers and the pricing of its
services; (vii) regulatory, legislative, and judicial developments,
which could adversely affect the way DSL.net operates its business; and
(viii) DSL.net's ability to recruit and retain qualified personnel and
to manage the growth of its operations. Existing and prospective
investors are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date hereof.
DSL.net undertakes no obligation to update or revise the information
contained in this press release, whether as a result of new
information, future events or circumstances or otherwise.
DSL.net's authority to provide regulated services is held by its
subsidiary companies
SOURCE DSL.net
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
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CONTACT: Ken Shafton, Director of Marketing of DSL.net, Inc.,
203-782-7434, kshafton@dsl.net; or Greg Peverill-Conti of
Blanc and Otus,
617-262-6454, gregpc@blancandotus.com
WEB PAGE: dsl.net
GEOGRAPHY: Massachusetts
INDUSTRY CODE: MLM
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