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Northern Telecom announcement/contract
Reuters Story - December 08, 1997 08:05
%&64 %ELC %SP500 %CA %US %RESF NTL.TO V%REUTER P%RTR
(Full text of press release from Canada NewsWire)
NORTEL (NORTHERN TELECOM) BEGINS MASS-MARKET DEPLOYMENT OF ITS
1-MEG MODEM SERVICE WITH $US 20 MILLION SALE TO TRANSWIRE
COMMUNICATIONS L.L.C.
Market leader will deploy high-speed Internet access and
multi-media and
video-streaming capability to businesses and consumers in
New York City
in early 1998 using a Nortel data network
RESEARCH TRIANGLE PARK, N.C., Dec. 8 /CNW/ - Nortel
(Northern Telecom) today announced that Transwire
Communications, a leading-edge information communications
carrier, based in Manhattan, has awarded Nortel a $US 20
million contract for a data network and Nortel's recently
announced 1-Meg Modem service. The contract will enable
Transwire Communications to offer businesses and consumers in
New York City Internet access at speeds of up to one megabit
per second-17 times faster than 56K modems-with simultaneous
voice service over a single telephone line.
Nortel will provide Transwire Communications with key
elements of an end-to-end data network that include DMS
SuperNode central office switches, Nortel's Magellan Passport
ATM switches and 1-Meg Modem equipment.
"Finally, small businesses, corporate telecommuters and
other consumers will have the high-data speed they've been
waiting for at an affordable price. At eight times the speed
of dual-channel ISDN, small businesses will have access to an
extremely reliable, 24-hour-a-day extended network," said
Terrence Peck, chief executive officer, Transwire
Communications. "Telecommuters will be able to conduct video
conferences from home and download full- motion video clips
and audio files in seconds. Moreover, these consumers will be
able to access corporate intranets faster than ever before."
In addition to high-speed Internet access, Transwire
Communications also will offer extranet and Transwire intranet
Break-Speed(TM) communication services including high-quality
video and audio streaming, video conferencing, interactive
voice response, voicemail, real-time credit card, Secure
Electronic Transfer (SET) and Electronic Data Interchange
(EDI) transactions, and corporate intranet connections and
city-wide extranet services, among others.
Initial targets for the service will be small businesses,
work-at-home professionals and power users, with a later
roll-out to the residential market. The services will be
offered initially in Manhattan in early 1998.
Announced in October, Nortel's 1-Meg Modem solution is a
mass-market, plug-and-play high- speed data solution that
delivers Internet access at up to 1 megabit per second-17
times faster than a 56k modem-with simultaneous voice service.
The 1-Meg Modem solution is based on Nortel's Consumer Digital
Modem(TM) (CDM) technology.
It requires no rewiring in the central office, and no
subscriber service call to install a voice/data "splitter." It
is compatible with current voice features and extension phones
in the home or business. The service is extremely tolerant of
phone-line length and condition, and is compatible with the
vast majority of all non-loaded telephone lines.
Nortel is currently working with other industry leaders, including
Rockwell, to speed the deployment of CDM technology.
Transwire Communications is an information communications carrier
bringing reliable, high- speed, high-bandwidth capabilities direct to
telecommuters within large corporations, small businesses and other consumers
using the most advanced technologies available.
Nortel offers public carriers a full range of solutions for Internet
access, multimedia Internet, and remote-access outsourcing. Nortel's unique
position as a full-service builder of data and voice networks has resulted in
several industry-leading solutions, such as Internet Thruway Internet access
solution and the carrier-class Rapport remote access switch.
/EDITOR'S NOTE: One-on-one interviews can be arranged by the below
contacts, some of whom will be at InternetWorld in New York December 9-12.
Nortel and Transwire executives will be available on the Nortel booth (No.
1467, Hall 3B) Javits Convention Center. The Nortel 1-Meg Modem will be
demonstrated on the booth--showcasing Transwire Communication's content and
service offerings.
Reporters wanting a CD-ROM demonstration of Nortel's 1-Meg modem can have
one sent directly to them by calling the contacts listed on this release./
-0- 12/08/97
/For further information: Joanne Latham, Nortel, (919) 992-7851,
joannelatham(at)nortel.com; Debra Niewald, Transwire Communications L.L.C.,
(212) 647-8333, dniewald(at)visualradio.com; Peter Janecek, Nortel,
(905) 863-6251, peter.janecek(at)nortel.com; Or visit Nortel's web-site at
www.nortel.com/
(NTL. NT)
CO: Northern Telecom Limited
ST: North Carolina
IN: TLS
SU:
-30-
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