To: elk who wrote (34369 ) 6/2/1998 4:57:00 PM From: Mike Anderson Respond to of 41046
Just ran across this in this afternoon's mail. Is this news or old stuff and what does it mean to FTEL? Anybody? 08:59 AM ET 06/02/98 Sprint unveils new phone network for the Internet age NEW YORK, June 2 (Reuters) - Sprint Corp. . said on Tuesday it soon will offer an advanced telecommunications network that will allow its customers to make several phone calls, send and receive faxes and cruise the Internet -- all simultaneously and over a single phone line. The product of a secret, five-year, $2 billion development program code-named Project FastBreak, Sprint's new Integrated On-Demand Network, or ION, is expected to offer users "virtually unlimited bandwidth" and should be available to consumers and businesses beginning in 1999, it said. The No. 3 U.S. long-distance phone company also said in a news release that it believes the new system will drive down the cost of a typical phone call by 70 percent or more. It said its cost to provide a full-motion video or conference call will be less than the current cost of a domestic long-distance call. The new system will combine voice and data transmission services over an Asynchronous Transfer Mode, or ATM, backbone network. Most other telecommunications providers are building data networks distinct from existing voice networks. In offering the new service, Sprint said it will partner with Cisco Systems Inc. , Tandy Corp.'s RadioShack and Bellcore. Cisco will provide technical expertise and equipment, Bellcore will provide the central software framework and RadioShack -- already a Sprint distribution partner -- will help sell the system to consumers. ((New York Newsdesk 212 859-1610))