DSL,,i think the time may be here to jump onto this sector...
Wednesday March 1, 9:28 am Eastern Time
Company Press Release
SOURCE: NorthPoint Communications
NorthPoint Delivers Choice to DSL Residential Customers Using Line Sharing
DSL Leader is Line Sharing Ready in Chicago, Dallas, San Jose and New York
SAN FRANCISCO, March 1 /PRNewswire/ -- Moving aggressively to take advantage of line sharing and to make its digital subscriber line (DSL) service available to more consumers, NorthPoint Communications today announced that it is ready to deliver the benefits of line sharing to residential customers in Dallas, Chicago, San Jose and New York.
``Line sharing is a critical step toward true competitive choice for consumers and a breakthrough that will improve DSL service delivery and bring broadband service to more American consumers,' said Judy Levine, NorthPoint's vice president of consumer marketing. ``By capitalizing on line sharing, NorthPoint will be able to deliver a host of advanced entertainment and productivity-enhancing applications at a speed and quality that vastly exceeds today's standard dial-up services.'
True to its competitive leadership in the industry, NorthPoint has moved swiftly to make the benefits of line sharing a reality in the residential market. Spurred by a Federal Communications Commission order issued in November of 1999, state regulatory commissions and industry players have been moving to implement line sharing. Line sharing enables competitive carriers such as NorthPoint to offer digital subscriber line (DSL) service over the same line used by incumbent carriers to deliver voice service. Prior to line sharing, competitive DSL providers were forced to purchase second, costly stand-alone lines to deliver DSL services, while the incumbent phone monopolies provided their own DSL services using shared lines at a fraction of the cost. By eliminating the incumbents' artificial advantage and giving NorthPoint access to shared lines to deliver DSL, line sharing significantly expands NorthPoint's addressable market, promises substantial reductions in loop costs and opens the gates for increased competition in the residential DSL market.
Robert Maier, from Yorktown Heights, NY, is one of the first residents to sign up for NorthPoint DSL service, and said, ``During my free time, I am a web developer for nonprofit organizations -- that means logging in 40 hours a week online from my house. You can bet I am very eager and excited to use NorthPoint's DSL service. For me, the best part about it will be the speed because for my projects the less lag time in connecting or downloading, the better.' Other uses of NorthPoint DSL that will benefit Mr. Maier include playing interactive games, transferring large files, enhancing computer graphics, listening to streaming audio and downloading/uploading video files.
Today's line sharing pilot demonstrates NorthPoint's readiness for full- scale DSL deployment to the consumer market later this year by using three fundamental factors: line sharing, widespread G.lite deployment, and strategic channel partnerships with leading Internet service provider MSN and RadioShack. NorthPoint will accelerate DSL by enabling millions of Americans to walk into their local RadioShack retail store later this year, sample MSN Internet Access powered by NorthPoint DSL, and learn about its many benefits from a knowledgeable sales staff.
NorthPoint Communications, based in San Francisco, is the leading broadband competitive local exchange carrier (CLEC), providing affordable, dedicated high-speed Internet access over existing phone lines using digital subscriber line (DSL) technology. The company currently operates DSL-based local networks in 33 major U.S. markets, spanning 62 metropolitan statistical areas (MSAs), and expects to reach over 60 markets and 110 MSAs by the end of 2000. By that time, NorthPoint's DSL network will pass nearly 45 percent of homes and more than half of all businesses in the U.S. NorthPoint provides DSL-based Internet access service -- at speeds up to 1.5 Mbps, more than 25 times faster than common dial-up modems -- through national and regional Internet Service Providers, CLECs, long distance carriers, retailers, value- added resellers and other partners. For additional information, visit www.northpointdsl.com northpointdsl.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
The statements contained in this release which are not historical facts may be deemed to contain forward-looking statements. Such statements are indicated by words or phrases such as ``anticipate,' ``estimate,' ``projects,' ``believes,' ``intends,' ``expects' and similar words and phrases. Actual results may differ materially from those expressed or implied in any forward-looking statement as a result of certain risks and uncertainties, including, without limitation, the company's dependence on strategic third parties to market and resell its services, intense competition for the company's service offerings, dependence on growth in demand for DSL-based services, ability to raise additional capital and other risks and uncertainties detailed in the company's Registration Statement on Form S-1 dated May 5, 1999, and its Quarterly Report on Form 10-Q for the quarter ended September 30, 1999, and other Securities and Exchange Commission filings. Prospective investors are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to update any of the forward-looking statements contained herein to reflect future events or developments.
SOURCE: NorthPoint Communications |
