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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (1114)	4/13/1998 1:22:00 PM
From: srvhap	Respond to of 1998

GTE Plans High-Speed Internet Links .c The Associated Press WASHINGTON (AP) - GTE Corp. will provide some of its telephone customers high-speed links to the Internet, becoming the latest phone company to join the race against cable TV companies to provide such access. Like other phone companies, GTE of Stamford, Conn., plans to offer customers Internet access over existing copper telephone lines using ADSL - asymmetric digital subscriber line technology. It offers speeds up to 50 times faster than conventional modems. All five regional Bell companies also plan to offer customer high-speed Internet links via the ADSL technology. Cable companies, meanwhile, are using different technology to offer their customers fast Internet access. Those companies include Tele-Communications Inc. and Time Warner Inc. GTE, upon obtaining federal regulatory approval, said Monday it will begin to offer the high-speed service in portions of 16 states this summer. Beaverton, Ore.; Durham, N.C.; West Lafayette, Ind.; and Redmond and Kirkland, Wash., will be the first markets to receive the service. The rest of the markets should have service by year's end. The company will market the service to residential customers, businesses and universities. The states are: California, Florida, Hawaii, Illinois, Kentucky, Michigan, Missouri, North Carolina, Ohio, Oregon, Pennsylvania, Texas, Virginia, Washington and Wisconsin. GTE said its plans, once implemented, will be the largest deployment of ADSL technology in the United States. The company hopes to tap the fast-growing high-speed data market, which it said should account for $400 billion over next 10 years. The company will offer several packages of service. The low end, at $30 per month, will be geared to people who work at home or like to surf the net and will let them connect at a speed of 256 kilobits per second. The high end package will cost $250 a month for business users to connect at the fastest speed of 1.5 megabits per second, or 50 times faster than conventional modems. In addition, customers will be charged $12 a month modem rental fee, a one-time installation charge of $60 to $140 and any Internet access fees they may incur. GTE has 16 million residential phone customers in 28 states.