To: David Jones who wrote (20738 ) 11/3/1997 4:03:00 PM From: Jeff Jordan Respond to of 61433
Bingo! Market share and margins, is where the money is. Ascend Communications, Inc. (NASDAQ: ASND), founded in 1989, is a leading provider of technology and equipment solutions for telecommunications carriers, Internet service providers (ISPs), and corporate customers worldwide. Ascend delivers a comprehensive set of best-of-breed solutions in the key areas required to build a high-performance, cost-effective public and private network infrastructure from end to end. Ascend has extensive experience in building carrier and ISP networks, providing enterprise connections to these public network facilities, and in providing enterprise WANs. Today the majority of the leading international Post and Telephone companies (PTTs), global carriers and network service providers offer Internet access using Ascend equipment. Ascend has installed more than 3,500,000 access concentrator ports at ISP, carrier, and corporate enterprise sites throughout the world. The MAX WAN access switch family accounts for over 50 percent of the worldwide market share in access concentrator analog ports, 62 percent of access concentrator ISDN PRI ports and 33 percent of access concentrator TI DSOs (source: The Dell'Oro Group, Q2 1997). Ascend equipment supports more than 30 million Internet connections daily. Ascend's leadership in networking products and technologies was strengthened by the company's recent acquisition of Cascade Communications, Inc. In addition to having numerous customers in common, Ascend and Cascade have each established dominant positions in the ISP and carrier market segments. As a result of the acquisition, Ascend is the number one provider of Frame Relay and ATM equipment to Service Providers worldwide, with 42 percent of Frame Relay WAN switch connections and 23 percent of ATM WAN switch connections (source: Infonetics Research, August 1997). Vertical Systems Group cites Ascend as the leading provider of Frame Relay to the carrier market with 21 percent marketshare (source: Vertical Systems Group, August 1997).