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To: elmatador who wrote (3542)	7/12/2001 11:21:57 AM
From: russet	Read Replies (1) \| Respond to of 3891

Norway installing more DSL lines,...:-) BCE Inc - News Release BCE's Teleglobe signs supply agreement with NexGenTel BCE Inc BCE Shares issued 807,372,428 2001-07-10 close $39.8 Wednesday Jul 11 2001 News Release Mr. Michael Neuman reports Teleglobe has signed an agreement with NextGenTel, a privately held Norwegian Internet services provider, to supply Internet connectivity to NextGenTel for its residential and business customers and to support the company's expansion. Teleglobe will provide NextGenTel with a 2.5-gigabit-per-second (Gbps) fibre connection to Teleglobe's global IP backbone network through its Oslo point of presence. Under the agreement, NextGenTel will work with Teleglobe to bring other e-business services such as IP-based telephony to NextGenTel's customers. Terms of the transaction were not disclosed. "NextGenTel is among the first service providers in Norway to deliver broadband offerings for residential customers," said Olav Stokke, managing director of NextGenTel. "We rely on Teleglobe's breadth of experience with global Internet services and its GlobeSystem IP network to support our growing business and to facilitate our expansion into IP-based telephony." Michael Neuman, Teleglobe's president of Europe, Middle East and Africa, said: "NextGenTel sees the potential of the Internet and the new value-added services that Teleglobe's world-class IP network can deliver. We look forward to complementing their broadband connectivity to homes and offices and having an important role in their success throughout the region." According to a recent Ovum market analysis, the Nordic region ranks among the world's strongest for growth of Internet usage. Norway is among the top six countries in the world in terms of per capita Internet usage, with 42 per cent of the population having access to the Internet. The report projects that Norway's Internet usage will increase to 73 per cent of the population by 2006. During the next 18 months, NextGenTel plans to establish high-speed local networks throughout Norway. The company offers high-speed Internet connections through asymmetric digital subscriber line service, an evolving technology that sends high-speed digital signals over existing copper telephone wires and creates a high-speed local network for delivering broadband services to residential and business customers. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com