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Technology Stocks : Netro Corp - (NTRO) -- Ignore unavailable to you. Want to Upgrade?


To: Secret_Agent_Man who wrote (636)2/10/2000 12:22:00 PM
From: Mark Oliver  Respond to of 792
 
Netro Corp. Reaches 40 Deployments Worldwide of Netro's AirStar Broadband Wireless Access System

February 10, 2000 08:34 AM
SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 10, 2000--

Netro continues global momentum as a leading supplier in the broadband wireless access space; AirStar(TM) solution designed to eliminate last-mile bottleneck as customers gear-up for nationwide rollouts

Netro Corp. NTRO , a market leader in broadband wireless access systems, today announced that the number of AirStar(TM) deployments worldwide has increased to 40, including some deployments that span multiple cities.

Eight of these deployments represent commercial pilot installations. These pilots are with service providers such as: Techtel (Argentina), NTL (UK), Airtel (a BT and Vodafone affiliate in Spain), Comsat (Peru), two customers in the Middle East and two license holders in Germany.

"The wireless broadband market is one of the hot spots for Internet infrastructure and important for future economic growth," said Gideon Ben-Efraim, president and chief executive officer of Netro Corp. "Some of our commercial pilot customers expanded their systems in the fourth quarter as the market began to move towards the mass deployment phase."

According to a recent market report study by Frost & Sullivan, the worldwide wireless WAN market will grow to $15.19 billion by 2005.

About AirStar

Netro's AirStar family of products, sold globally direct and via distribution agreements with Lucent and Siemens, transmits voice, IP and Frame Relay services to small and mid-sized enterprise (SME) and supports licensed frequencies at 10, 26 and 39 GHz. Netro's patented CellMAC(TM), or media access control layer, coupled with the product's time division multiple access (TDMA) and asynchronous transfer mode (ATM) foundation, enables service providers to cost effectively meet the needs of the SME market by dynamically delivering voice and data traffic on a packet-by-packet basis.

About Netro Corp.

Netro Corp. NTRO is a leading provider of intelligent broadband wireless access solutions for Internet and telecom service providers worldwide. Netro's broadband wireless access system, AirStar, derives its price performance benefit from its proprietary packet-based technology that maximizes spectrum usage through dynamic bandwidth allocation. AirStar is one of the first commercially available broadband wireless access systems, carrying IP and voice traffic using a point-to-multipoint architecture. For more information, contact Netro Corp., 3860 North First Street, San Jose, CA 95134-1702 USA 408/216-1500, netro-corp.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements involving risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, Netro's historical and future losses, limited operating history, dependence on a single product, fluctuations in quarterly operating results and limited manufacturing experience. Further information regarding these and other risks is included in Netro's prospectus dated Aug. 18, 1999 and in its other filings with the Securities and Exchange Commission.

jc/la

CONTACT: Netro Corp. Cynthia Hillery, 408/216-1630 cindyh@netro-corp.com or The Leavitt/Bell Group Tiffany Massey, Linda Bell 626-564-9500 x224, x221 tmassey@lbgcomm.com lbell@lbgcomm.com




To: Secret_Agent_Man who wrote (636)2/14/2000 4:10:00 PM
From: Mark Oliver  Read Replies (1) | Respond to of 792
 
Pleased to see we didn't end the day under $40, but not pleased to be down 3 15/16's. We seem to be at a strong support level. It has been wise to buy here, but never easy.

Regards,

Mark



To: Secret_Agent_Man who wrote (636)2/14/2000 4:58:00 PM
From: Mark Oliver  Respond to of 792
 
Does this benefit or detract from Netro? Thanks, Mark

Teligent forges pact with Mannesmann
NEW YORK, (Reuters) - Teligent Inc. which provides voice and data services using fixed-wireless technology, said Monday it forged a partnership with a Mannesmann AG unit to offer fixed-wireless communications services in Germany as part of its recent push to expand internationally.

Using licenses held by the two companies, the joint venture will be able to reach more than one million businesses near such major German markets as Berlin, Bonn, Dresden, Dusseldorf, Frankfurt and Mainz.

Fixed-wireless technology uses radio spectrum, rather than traditional copper telephone networks or fiber-optic networks, to provide voice, video and data services. Fixed-wireless technology offers a low-cost way to provide high-speed services, without having to dig up streets to lay new communications networks.

Mannesmann Arcor is a 70-percent owned subsidiary of Mannesmann AG, the Dusseldorf-based company that recently agreed to merge with Britain's Vodafone AirTouch Plc

The joint venture, which will be 45 percent owned by Teligent and 55 percent owned by Mannesmann Arcor, plans to apply for additional German licenses in the upcoming regulatory award process. Other financial details of the joint venture were not disclosed.

The board of directors will comprise two voting positions from Teligent and three voting positions from Mannesmann Arcor. The joint venture's headquarters will be located in the Frankfurt area.

``The joint venture brings together Mannesmann Arcor's strong presence in Germany, robust network infrastructure and surging customer demand for bandwidth with Teligent's internationally recognized technical, field and product expertise in fixed wireless communications,' said Teligent International President Richard Hanna.

As the second largest telecommunications provider in Germany, Mannesmann Arcor has a fiber optic backbone that stretches more than 4,200 miles throughout the country.

Mannesmann Arcor also has developed international transmission capabilities that extend its network reach to Italy, the United States, France and Austria.

The deal with Mannesmann Arcor is part of Vienna, Va.-based Teligent's aggressive efforts to expand internationally.

The company, which has communications networks in 40 U.S. markets, recently forged a partnership with Louis Dreyfus Group and Artemis to seek licenses and develop a fixed wireless business in France.

Teligent, HKNet and CCT Telecom in January won a marketwide license to provide fixed wireless services in Hong Kong. Teligent also has applied for spectrum licenses in Spain with Jazztel.

Teligent is looking for a partner in the United Kingdom and is exploring other opportunities in Europe, Latin America and Asia.

In addition to Teligent's aggressive international expansion, industry analysts expect the company to expand further in the United States and to start its own Internet services.

Teligent also could partner with or acquire a company that has fiber-optic networks in metropolitan areas as a way to handle increasing traffic at lower costs, analysts said.