To: David Lawrence who wrote (3744 ) 6/2/1998 9:21:00 AM From: flickerful Respond to of 9236
Technology News Tue, 2 Jun 1998, 9:09am EDT Sprint Offers New Network for Simultaneous Calls (Update1) (Updates with detail from company in 1st, 3rd, 6th, 8th paragraphs.) New York, June 2 (Bloomberg) -- Sprint Corp. announced a new phone network that allows users to make multiple calls, receive faxes and use the Internet at high speeds, all at the same time through a single connection. Sprint said the new network, developed at a cost of more than $2 billion over five years, can deliver a typical voice call about 70 percent less expensively than can existing networks. It can also provide full-motion video calls and conference calls at a cost less than that of a typical long- distance call, Sprint said. ''We will be offering every Sprint customer their own multi- billion-dollar, unlimited-bandwidth network in the same monthly price range that many customers spend today for communications services,'' said William Esrey, Sprint's chairman and chief executive, in a prepared statement. The introduction by the No. 3 U.S. long-distance company comes as phone companies race to allow customers to send and receive data and other transmissions at faster speeds. The network, called Integrated On-Demand Network, will allow users to access the Internet at speeds up to 100 times faster than a typical modem, the company said. Two weeks ago, BellSouth Corp. said it would offer high- speed Internet access in 30 cities by next year. U.S. West announced in early May that it would introduce high-speed Internet access using asymmetrical digital subscriber lines in 40 cities. Later This Year Sprint's network -- which was developed under the code name ''Project FastBreak'' and has been tested with businesses and consumers for the past year -- will be made available to large business customers later in 1998. It will be sold to small businesses by mid-1999 and to residential customers by late 1999. The network is based on Cisco Systems Inc. hardware using so-called asynchronous transfer mode technology. It also uses software from Science Applications International Corp.'s Bellcore. Access to the network, as well as the necessary hardware and software, will be sold to consumers through Tandy Corp.'s Radio Shack electronics stores. Ernst & Young LLP, Silicon Graphics Inc., Sysco Corp., Coastal States Management and Tandy are among the businesses that have already signed up to use the service, Sprint said. Westwood, Kansas-based Sprint rose 1/16 to 71 15/16 Monday. --Courtney Schlisserman and Andrew Galvin in the New York newsroom (212) 318-2300 with reporting by Colleen McElroy in Denver and Liza Roberts in London/ag/mn