Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WCOM -- Ignore unavailable to you. Want to Upgrade?

To: Rick Savoia who wrote (5784)	1/24/2000 5:40:00 PM
From: Luce Wildebeest	Respond to of 11568

here's something from Sprint. Niv Kansas City, MO, November 23, 1998 -- Sprint today announced the completion of both the recapitalization of Sprint's common stock into two separate classes of common stock and the restructuring of Sprint PCS. As a result, Sprint now has achieved the unique position of being the only carrier with nationwide PCS wireless and long distance wireline services and substantial local wireline operations. With the recapitalization, each share of Sprint's publicly traded common stock has been reclassified into a half share of PCS Stock and one share of FON Stock. The PCS Stock reflects the performance of Sprint's wireless PCS operations and the FON Stock reflects Sprint's local, long distance and other operations. Shares of both stocks will begin "regular way" trading on the New York Stock Exchange tomorrow, Nov. 24, under the ticker symbols "PCS" and "FON." Also starting Tuesday, the Sprint PCS stock will become a component of the Standard & Poor's 500 stock index. Sprint FON stock already is a component of the S&P 500. With the restructuring, Sprint has acquired the ownership interests of the other partners in Sprint PCS - Tele-Communications, Inc. (TCI),Cox Communications, and Comcast Corporation - in exchange for low-vote shares of the PCS Stock. The completion of the restructuring and recapitalization caps nearly six months of activity by Sprint to assume full ownership and management control of Sprint PCS. "This transaction further enables Sprint to offer customers a more comprehensive package of wireless, long distance and local services," said William T. Esrey, Sprint's chairman and chief executive officer. "This combination of value-added services, nationwide distribution and brand recognition, and the operating efficiencies that are gained through this transaction, provides Sprint with a significant competitive advantage in the marketplace." Sprint PCS acquired 381,000 new subscribers in the third quarter, leading all wireless carriers in subscriber growth during the period and increasing its total nationwide customer base to 1.75 million. Sprint PCS' service area today includes more than 200 metropolitan markets,with aggressive expansion into new cities every month, and covers a population of more than 120 million people.

To: Rick Savoia who wrote (5784)	1/25/2000 9:19:00 AM
From: Rob C.	Read Replies (1) \| Respond to of 11568

JACKSON, Miss.--(BUSINESS WIRE)--Jan. 25, 2000--MCI WorldCom today introduced a set of new value-added services that provide unprecedented levels of customer control and integration utilizing Web-based technologies to manage Asynchronous Transfer Mode (ATM) and Private Line services. These innovative, first-of-their-kind services enable high-speed data customers to dynamically allocate, manipulate and manage their bandwidth needs in real-time through a user-friendly Web-based customer interface. "Web-enabled provisioning provides data customers with the direct control they need to most effectively manage their complex ATM and private line networks in a dynamic fashion," said Jim DeMerlis, MCI WorldCom vice president of Data and Enterprise Product Marketing. "From a web-based 'cockpit,' customers are able to swap bandwidth among sites, re-balance loads across existing circuits and self-provision new circuits in real-time - saving them time and money. What used to take them days to accomplish through normal provisioning, can now be done in seconds." The two new services being introduced include Smart Bandwidth On Command for ATM and a Private Line Service, Web Digital Reconfiguration Service (Web DRS). MCI WorldCom's Smart Bandwidth service is ideal for data customers who want to integrate voice and data traffic over the same access facilities, and who want better control over their bandwidth. Customers can self-provision, alter the quality of service and the user permissions, and manage circuits up to the capacity of the physical port without involving MCI WorldCom's provisioning staff. Smart Bandwidth benefits include: -- Integrated Access-Reduces access costs; -- Voice over ATM-Intranet voice is "free" - riding on excess data bandwidth; and packetized voice requires less bandwidth; -- Source & Destination Address Validation-Enhanced security insuring that no unauthorized parties can call customer's sites; -- Closed User Groups-Permits calls and policies to be restricted to a subset of internal and/or external users; -- Point-to-Multipoint Service-Reduces the bandwidth needed for multi-site calls such as videoconferences and broadcasts. The Web-enabled service for private lines, known as Web Digital Reconfiguration Service (Web DRS), provides customers with the ability to manage, control and configure their DS0 and DS1 circuits using their Internet browser and MCI WorldCom's Web-based software and special Web site. Primary applications for this value-added service include: host/disaster recovery backup; dynamic bandwidth allocation; additional bandwidth reservation for special events, videoconferences, large data exchanges and other situations requiring flexible bandwidth needs. Using Web DRS, private line customers can: -- Configure temporary bandwidth when they need additional capacity on a one-time, continuous or selected daily basis; -- View their network configuration and change configurations on demand, according to specific needs; -- Utilize Switched DS1 service to access full DS1 circuits on demand and pay usage rates for time connected and not have to pay for dedicated DS1 channels. MCI WorldCom (NASDAQ: WCOM.O) is a global leader in communications services with 1998 revenues of more than $30 billion and operations in more than 65 countries. MCI WorldCom's global networks provide high- capacity connectivity to more than 45,000 buildings worldwide. MCI WorldCom and Sprint have announced an agreement to merge, which the companies expect to close in the second half of 2000, following regulatory and shareholder approvals. The new company will be called WorldCom. For more information go to wcom.com. EDITOR'S NOTE: MCI WorldCom will be demonstrating Smart Bandwidth at its booth (No. 1146) during the ComNet trade show in Washington, DC from January 25-27. Accelerated Networks Inc., and Mariposa Technology, Inc. provide integrated access devices that are SVC-capable and are being used with the Smart Bandwidth service; both will be participating in the demonstration at MCI WorldCom's booth and Mariposa Technology's booth (No. 3314). --30--LS/na* CONTACT: MCI WorldCom News Bureau John R. Houser, 800/644-NEWS or 312/470-4820 john.r.houser@wcom.com or MCI WorldCom Investor Relations Gary Brandt, 601/460-8544 KEYWORD: MISSISSIPPI DISTRICT OF COLUMBIA