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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable. -- Ignore unavailable to you. Want to Upgrade?


To: Hiram Walker who wrote (838)1/10/1998 2:43:00 PM
From: Night Writer  Respond to of 2063
 
Hiram,
My home state! I spent very little of my life there. Relatives in cattle, wheat, onions, ect. Most of them retired at this point and living around Lamar. If you look on the map, there are not any mountains around Lamar.

I also think some of the mountain valleys would support LMDS. You would be amazed at the size of the population if you haven't been there. Condo City! The cells would not have to be that big to reach a good number of households. Of course, I don't really have a handle on costs to set one of these operations up yet.

The following came in my news service. Didn't get the one you posted.

Subj: Nortel (Northern Telecom) Announces The Successful...
Date: 98-01-09 22:45:04 EST

Nortel (Northern Telecom) Announces The Successful Completion Of Its Offer To Buy Broadband Networks Inc.

TORONTO, Jan. 9 /PRNewswire/ - Northern Telecom Limited today announced the successful completion of its offer to purchase all the issued and outstanding common shares of Broadband Networks Inc. (BNI) on a fully diluted basis. BNI is a leader in the design and manufacture of fixed broadband wireless communications networks. The offer expired at 4:00 p.m. (Eastern Standard Time) on January 5, 1998.

The combined Nortel/BNI technologies position Nortel's customers to deliver end-to-end broadband network solutions to small and medium-sized businesses. Nortel will be able to offer its customers a full suite of networking products for the local multipoint distribution system (LMDS) market, including its DMS-500 Local/Long Distance and Passport asynchronous transfer mode (ATM) switching systems and point-to-multipoint radio systems.

The enhanced product line should be attractive to successful bidders in the FCC's upcoming LMDS auction in February. With the completion of the purchase, we can expand our product line for carriers wanting to break into local networks around the world, particularly in Canada, Europe and Latin America,'' said Matt Desch, president, Wireless Networks, Nortel.

BNI will be run as a separate business unit within Wireless Networks to allow Nortel and BNI development teams to work effectively together while preserving BNI's entrepreneurial spirit. David Graves, former president and CEO of BNI, will become group vice president and general manager of the new Broadband Wireless Access unit.

All the issued and outstanding shares of BNI, on a fully diluted basis, were tendered and accepted for purchase pursuant to the offer. The aggregate purchase price was approximately $593 million Cdn, comprising approximately $213 million Cdn in cash and approximately 5.6 million Nortel common shares (after giving effect to Nortel's two-for-one common share stock split).

A significant portion of the acquisition price relates to purchased research and development. Nortel will charge this amount to its earnings over a period of less than 12 months, resulting in significant non-cash charges against Nortel's 1998 earnings. The charges arise principally from the need for further research and development expenditures resulting from the rapid pace of change in broadband wireless technologies and the anticipated integration of BNI's technology into the Nortel product portfolio. While the amount of the charges cannot be specifically determined at this time, the charges are expected to be within the range of 85 - 95% of the aggregate acquisition price. Excluding the impact of the charges, the acquisition is not expected to have a material impact on Nortel's 1998 consolidated results of operations.

Nortel works with customers in more than 150 countries to design, build and integrate their communications products and advanced digital networks. Customers include public and private institutions; Internet service providers; local, long-distance, cellular mobile and PCS communications companies; cable television companies; and utilities.

Nortel had 1996 revenues of US$ 12.8 billion and has approximately 70,000 employees worldwide.

SEDAR: 00000596EB

SOURCE Northern Telecom Limited

CO: Northern Telecom Limited

ST: Ontario

IN: TLS

SU: OFR

01/09/98 22:40 EST prnewswire.com



To: Hiram Walker who wrote (838)1/10/1998 3:23:00 PM
From: Night Writer  Respond to of 2063
 
Hiram,
Almost forgot, there is also a company running a simular test system in Dallas. Will try to find the link if you want.

More Equipment venders.
This one did 2 systems in Korea and 1 in Japan.
bni.ca
This is just the product page. Nothing inteesting on the main page.
bora.dacom.co.kr

NW



To: Hiram Walker who wrote (838)1/12/1998 8:54:00 PM
From: Night Writer  Respond to of 2063
 
Hiram,
A continuation of the Denver story. Bonk has been very effective at keeping me off SI.
NW

Subj: Stanford Telecom Receives Order to Provide Equipment for...
Date: 98-01-12 16:23:28 EST

Stanford Telecom Receives Order to Provide Equipment for First LMDS-Based, Full Featured Wireless Broadband Data Trial

SUNNYVALE, Calif.--(BUSINESS WIRE)--Jan. 12, 1998--Stanford Telecommunications, Inc. (NASAQ/NMS:STII) announced today that it has received an order from FORMUS Communications Inc. and JATO Communications Corporation to provide its subscriber terminal units and the headend interface equipment (Air Interface Unit) for the first LMDS-based, full featured broadband internet system trial to be held in Denver, Colorado.

George Hendry, Stanford Telecom's Vice President for Wireless Broadband Products said, "We have dedicated ourselves to being first to the market with a full featured two-way, multipoint, bandwidth-on-demand product which will serve the needs of LMDS and MMDS operators. This LMDS trial with FORMUS/JATO offers the Company a wonderful opportunity to demonstrate the availability and advance features of our products."

FORMUS Communications and JATO Communications Corporation will deploy the LMDS network in the Denver area under a FCC experimental license starting February 1998 and will initially connect the offices of FORMUS, JATO and selected service partners. "This coming trial brings LMDS out of the lab and into the realm of commercial reality", said Vern Kenley, President of FORMUS Communications. "We have been exploring, advocating and developing the concept of LMDS wireless broadband service throughout the world. With the U.S. auctions imminent and with our finalization of commercial operating licenses in Poland and Ecuador, we felt it was time to go ahead and make such a network a reality here at home. We are pleased to be working with Stanford Telecom whose LMDS product offerings are an ideal fit with our needs."

In the upcoming Denver trial, Stanford Telecom's wireless broadband equipment will enable wireless access to the Internet at unprecedented data rates. The system will use Asynchronous Transfer Mode (ATM) switching to the Internet service provider. The data from the service provider will be encapsulated into ATM cells and delivered to subscribers using Time Division Multiplexing. The downstream ATM data rate will be 36.5 Mpbs. For the upstream path, the subscriber will share a channel with a 1.6 Mpbs ATM rate using demand assigned Time Division Multiple Access techniques as defined in the DAVIC standard. Connections to the subscribers PCs will be through an Ethernet (10baseT) dataport. No special software is required at the subscriber's PC to enable Internet connections.

FORMUS Communications Inc. and JATO Communications Corporation headquartered in Englewood, Colorado, were formed in 1996 to pursue high frequency, wireless broadband licensing and investment opportunities in the United States and targeting regions around the world. FORMUS will begin commercial implementation of high-speed data and internet service in early 1998 in countries in which it holds operating licenses. Its associated company, JATO Communications, will pursue LMDS licenses in selected BTA's in the United States in the upcoming FCC auction.

Stanford Telecom designs, manufactures and markets advanced digital communications products and systems to establish or enhance communications via satellites, terrestrial wireless and cable. The Company's technical strengths include: system design, communication waveforms, modulation and demodulation techniques, ASIC design, radio frequency (RF) antennas and converters, software and firmware, asynchronous transfer mode design and advanced manufacturing techniques and processes. Stanford Telecom was founded in 1973, maintains headquarters in Sunnyvale, California and employs over 1,000 people at its various locations around the United States.

Statements included in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended. Such statements are or are based upon projections and estimates that involve risks and uncertainties, including timely availability of future funding, availability of critical components and subassemblies and other risks detailed in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. As a result, actual results could differ materially from the forward-looking statements included herein.

CONTACT:

Stanford Telecom

Gary Wolf, 408/745-2403 (Executive Vice President)