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.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (95905)	5/3/2000 3:31:00 PM
From: Susan G	Respond to of 120523

Found it, deal with Lucent. High Speed Access Corp. Initiates Up To $100 Million Cable IP Telephony Rollout With Lucent Technologies (PR Newswire, 05/3/2000 15:20) DENVER, May 3 /PRNewswire/ -- High Speed Access Corp. (NASDAQ:HSAC), a leading provider of broadband services in residential and commercial markets, today announced that it intends to deploy and offer Internet protocol (IP) telephone service over selected cable TV networks across the United States. As part of its strategy, HSA announced an agreement with Lucent Technologies (NYSE:LU) under which Lucent will provide network equipment, software and other services valued at up to $100 million. HSA plans to initially offer local and long-distance telephone service to residential and business customers using Lucent's CableConnect(SM) Solutions including equipment based on DOCSIS, an industry-wide specification for delivering real-time services such as IP telephony over two-way cable networks. In addition to providing equipment under the three-year agreement, Lucent will also be arranging third-party equipment financing and make an equity investment in HSA. Lucent and HSA will also work together on future generations of cable IP telephony equipment and software. In December 1999, HSA and a cable partner began testing DOCSIS-compliant cable IP telephony systems in Georgia. As these trials have progressed, HSA has been developing a coast-to-coast rollout strategy. HSA currently provides broadband Internet access via cable modem in 137 communities nationwide and is adding additional systems on a weekly basis. HSA has over 7.5 million cable homes under contract or letter of intent with more than 45 different cable partners. HSA expects to begin commercial deployments of cable IP telephony service in the third quarter of this year. "We are thrilled to be working with Lucent on the launch of our voice service that will allow us to offer a bundled package of video, voice and data, plus next generation IP services," said Dan O'Brien, HSA president and CEO. "Voice service represents a multi-billion dollar incremental market opportunity for cable operators. This offering not only gives us a competitive telephone service with high-demand features such as call waiting and caller ID, but also the billing and operations software and network services that make it a turnkey solution for our MSO partners." "Providing high-quality telephone service over cable networks requires more than a single piece of equipment, it takes the whole network, and that's what we're delivering to HSA," said Tim Gropp, Lucent sales vice president for cable communications. "HSA is taking a leading role in deploying IP services with this commitment to cable IP telephony." About High Speed Access Corp. High Speed Access Corp., headquartered in Denver, Colo., is a leading provider of high speed Internet access via cable modems to residential and commercial end users. The company believes that it provides the most comprehensive turnkey solution available to the cable operator. Its service enables subscribers to receive Internet access at speeds substantially faster than traditional Internet access at minimal cost to the cable operator. HSA enters into long term contracts with cable operators to provide them with the access service it provides to the cable partner and its subscribers. For more information on HSA, visit its Web site at www.hsacorp.net . About Lucent Technologies Lucent Technologies, headquartered in Murray Hill, N.J., USA, designs and delivers the systems, software, silicon and services for next-generation communications networks for service providers and enterprises. Backed by the research and development of Bell Labs, Lucent focuses on high-growth areas such as optical and wireless networks; Internet infrastructure; communications software; communications semiconductors and optoelectronics; Web-based enterprise solutions that link private and public networks; and professional network design and consulting services. For more information on Lucent Technologies, visit its Web site at lucent.com . This press release contains statements about future events and expectations, which are "forward-looking statements." Any statement in this press release that is not a statement of historical fact may be deemed to be a forward-looking statement. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the High Speed Access Corp.'s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Specific factors that might cause such a difference include, but are not limited to: the company's unproven and evolving business model; the rapid technological changes and evolving industry standards in the markets for our services; the company's history of losses and anticipation of future losses and need for additional capital; the potential fluctuations in the company's operating results; the company's competition; the company's potential inability to attract and retain end users; the company's potential inability to establish or maintain relationships with cable operators, including Charter; and those risks and uncertainties discussed in filings made by the company with the Securities and Exchange Commission, including those risks and uncertainties contained under the heading "Risk Factors" in the company's most recent quarterly report on Form 10-Q as filed with the Securities and Exchange Commission. SOURCE High Speed Access Corp.

To: Susan G who wrote (95905)	5/3/2000 3:37:00 PM
From: wgh613	Respond to of 120523

HSAC,susan this is the news...Initiates up to 100 million IP Telephony rollout with Lucent Technologies. PR Newswire 15:04.