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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (5159)10/3/2000 8:17:19 AM
From: Dealer  Read Replies (1) | Respond to of 65232
 
INTC--Jazztel, Intel link up for ASP services in Iberia
MADRID, Oct 2 (Reuters) - Spanish telecoms provider Jazztel and U.S. semiconductor giant Intel Corp. (NasdaqNM:INTC - news) will jointly develop three data centres to act as application service providers (ASPs) in Spain and Portugal, Jazztel said on Tuesday.

Intel would build Jazztel's data centres in Madrid, Barcelona and Lisbon using its technology and support as part of Intel's plan to offer application services via the Internet around the world, the Spanish company said in a statement.

Jazztel said it was investing heavily in data centres to offer e-business and communications services to small and medium-sized business in Spain and Portugal.

It recently launched an ASP project in Germany called Einsteinet, backed by 300 million euros in investment from a group of investors.

Jazztel is building a fibre-optic network around Iberia.

Its shares were up more than seven percent at 28 euros on the Easdaq market in Brussels shortly after 1030 GMT on Tuesday.