To: SouthFloridaGuy who wrote (60968 ) 1/11/2000 8:15:00 PM From: puborectalis Respond to of 108040
ARTT recommendation today....Advanced Radio Telecom Corp. Rated New 'Buy' at JANCO Princeton, New Jersey, Jan. 11 (Bloomberg Data) -- Advanced Radio Telecom Corp. (ARTT US) was rated new ''buy'' by analyst Thomas W. Friedberg at JANCO Partners Inc. Coverage was initiated on 1/10/00. BACKGROUND:A New Reality Businesses today are using increasingly higher bandwidth as new business models and online applications demand more information be transmitted electronically - e-commerce, sales automation, billing management and payment services, data warehousing, group collaboration, software on demand, video conferencing and IP telephony, just to name a few. Interconnectivity and bandwidth are quickly becoming the underpinnings of our society and our economy. Advanced Radio Telecom (ART) enables its customers to participate in this revolution by providing unbridled access to this incredible new reality. About ART Headquartered in Bellevue, Washington, ART is the first company to integrate fiber-optic and 100Mbps broadband wireless technologies into a reliable, high-performance, packet-switched data communications network, able to bypass the local telephone company. Using these advanced, cost-effective technologies in its national 38 GHz spectrum footprint, ART offers data services in the San Jose, Seattle, Phoenix and Portland metropolitan areas. The company is expanding its broadband wireless, high-speed, metropolitan area networks into 40 of the top 50 markets in the United States over the next three years and further plans to extend its network to as many as 100 markets over the next five years. Additional ART wireless licenses cover several European countries. Combining ART's wireless technology and high-speed data communications infrastructure with our strategic business partners' products and services, will allow ART to deliver 100Mbps broadband network applications and services to more than 50 percent of the major business markets in the U.S. Our Strategic Alliances Today's fast paced telecommunications leaders are known for delivering high quality products and services that challenge the limitations of outdated technology. ART has positioned itself as a leader able to meet the demand for end-to-end broadband IP communications services. With its unique "first mile", broadband data infrastructure and its wireless, high-speed, metropolitan area networks, ART has aligned itself with business and technology partners that complement each other to provide an unparalleled 100Mbps broadband access solution to the marketplace. New investors include Qwest Communications International, Oak Investment Partners, MeriTech Capital Partners, Advent International, Columbia Capital, Accel Partners, Brentwood Venture Capital, Worldview Technology Partners, Bessemer Venture Partners, and Adams Capital Management, all leaders in the evolution of the telecommunications industry. The recent investment of $251M into ART by these world class investors demonstrates their confidence in ART's broadband access solution. "This is the technology of the future. The next generation of communication will be broadband fixed wireless, over an entirely new spectrum. ARTT's nationwide 38 GHz license covers 90 of the top 100 US markets, yes 90. ARTT will continue to roll out point-to-point services in cities such as san diego, portand, phoenix, and many more. 6 month target price $60"....from RB thread