Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: elk who wrote (26357)	1/30/1998 2:14:00 AM
From: David Hurd	Respond to of 41046

FRANKLIN INTERNET (FNET) RECEIVES LATEST FIBER OPTIC TECHNOLOGY THANKS TO GTE (((((WHY ASK WHY?????))))) Westlake Village, CA.> Franklin Telecom announced today that GTE is nearing completion of a project necessary to provide Franklin with fiber optic lines in order to handle the mushrooming demand for network and Internet access. Trenching from the spur to Franklin's headquarters is now complete. The fiber run and equipment phases are proceeding simultaneously. September 1st is the target completion date. The project has necessitated substantial disruption to two major thoroughfares transversing the Westlake Village industrial area. Franklin's president and CEO Frank Peters says, "Other companies in the area have been very understanding about the torn up streets, the noise and commotion of all the backhoes and heavy equipment since a number of them are FNet subscribers. They realize the current disruption will result in an enhanced selection and quality of available services." According to Operations Manager Michael Peters, "During the last six months, we have been inundated with orders for high-end internet access. From the beginning, unlike many ISP's we have focused on producing "Business Quality" service. We can't add T-1 lines rapidly enough. GTE's fiber optic cable will initially jump us up to OC3 (Optical Carrier) bandwidth level which will accommodate about 100 T1 spans of 24 channels each. This cable is not only state-of-the-art: it is designed to accommodate technical advances which are still on the drawing board at present. The actual cable is an OC-24 which could accommodate about 800 T1 circuits. " Frank Peters continued, "We are very appreciative of GTE's timely response to the needs of our burgeoning business. The significant sum they are spending on this project shows their confidence in FNet's future. Franklin is looking forward to completion of the installation so FNet can continue to meet the needs of our expanding business customers."