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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?

To: MangoBoy who wrote (771)	2/11/1998 2:25:00 PM
From: indy	Respond to of 6846

Additional fiber players This is a link to the WCII thread with the following information Williams and ATT Message 3402782 <A> Williams Cos. $2.7B Investment -2: To Spend $800M This Year TULSA, Okla. (Dow Jones)--Williams Cos. (WMB) plans to accelerate the expansion of its national fiber-optic network by investing $2.7 billion in a 32,000-mile system by the end of 2001. Williams will spend $800 million on network construction during 1998. In a press release Wednesday, Williams said it will have about 20,000 route miles in service by the end of the first quarter of 1999. Williams will also build additional fiber in Florida, connecting to existing network in the Southeast; establish a new Midwest route from Chicago westward; and will complete other routes providing additional connectivity to selected markets. Williams plans to connect 69 major cities to its network in 1998, growing to 100 cities as the network expansion proceeds in subsequent years. Williams said it would re-enter the wholesale telecommunications market in January. A noncompete agreement that had kept Williams out of the wholesale network business for three years expired Jan. 5. Williams transports natural gas and provides energy and communications services. ----- Williams Cos. $2.7B Investment -2: Sees 32,000-Mile Sys TULSA, Okla. (Dow Jones)--Williams Cos. (WMB) plans to accelerate the expansion of its national fiber-optic network by investing $2.7 billion in a 32,000-mile system by the end of 2001. Williams will spend $800 million on network construction during 1998. In a press release Wednesday, Williams said it will have about 20,000 route miles in service by the end of the first quarter of 1999. Williams will also build additional fiber in Florida, connecting to existing network in the Southeast; establish a new Midwest route from Chicago westward; and complete other routes providing additional connectivity to selected markets. Williams plans to have 69 major cities connected to its network in 1998, growing to 100 cities as the network expansion proceeds in subsequent years. Williams said it would re-enter the wholesale telecommunications market in January. A noncompete agreement that had kept Williams out of the wholesale network business for three years expired Jan. 5. Williams transports natural gas and provides energy and communications services. and =============== <A> AT&T, Others Build Sys -2: Sees Cost Of About $236M SAN JUAN, Puerto Rico (Dow Jones)--An international consortium consisting of AT&T, MCI Communications Corp. (MCIC), Telecom Italia SpA (TI), Telefonica de Espana SA (TEF), Trescom International Inc. (TRES), and more than 30 other telecommunications carriers signed a construction and maintenance agreement to build a new fiber optic undersea cable system linking southern Europe and the U.S. In a press release Wednesday, AT&T said the Columbus III Cable System will span 10,000 kilometers and cost about $236 million. Tyco International Ltd.'s (TYC) submarine systems unit, Alcatel Alsthom's (ALA) submarine network systems unit and Maristel will build the system, which is expected to be completed and in service by September 1999. The system's full capacity will be more than 20 times that of the transatlantic portion of Columbus II, AT&T said. Columbus II went into operation in December 1994, and handles up to 20,000 simultaneous transatlantic voice calls. The cable will be configured as a ring connecting Hollywood, Florida in the U.S. to Lisbon, Portugal; Conil, Spain; and Mazara del Vallo, Italy. AT&T will own and operate cable stations for the system in the U.S.; Telefonica, in Spain; Telecom Italia, in Italy; and Marconi in Portugal. The memo of understanding to build Columbus III was signed in April 1997, by AT&T, MCI, Trescom, Telecom Italia, Telefonica de Espana, and Companhia Portuguesa Radio Marconi. Construction of the system is expected to begin shortly, AT&T said.