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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (11813)	6/8/1998 4:00:00 PM
From: risk-averse	Read Replies (1) \| Respond to of 50264

Hope you are rested. NOW, DGIV STARSHIP BACK UNDER THE COMMANDER's CONTROL!!!!!!!

To: Secret_Agent_Man who wrote (11813)	6/8/1998 4:53:00 PM
From: Secret_Agent_Man	Respond to of 50264

June 8, 1998 Bell Atlantic Sets Plans for Rollout Of 'Packet-Switched' Data Network Dow Jones Newswires NEW YORK -- Bell Atlantic Corp. said it will begin building in July a data-communications network based on Internet and fiber-optic technologies starting next month, and said service over the new network could begin as early as January 1999. Bell Atlantic said Lucent Technologies Inc. will supply equipment and software for the so-called packet-switched network under a five-year contract valued at more than $200 million. Bell Atlantic said other suppliers will be named later. Deployment depends on regulatory approvals, but Bell Atlantic said it expects to receive clearance later this year. Bell Atlantic said the initial deployment will connect hubs in Boston, New York, Philadelphia and the Washington areas. Delivery of services could begin as early as January, Bell Atlantic said. Bell Atlantic later plans to extend the capabilities of the network to other cities across the U.S. and the world. In March, Bell Atlantic disclosed plans to spend $1.5 billion over five years to upgrade and expand its existing systems. At the time, Bell Atlantic said it awarded Lucent a $500 million, five-year contract. And in February, Bell Atlantic said it would boost its capital spending on data networks. Faced with huge growth in data traffic, the phone industry is scrambling to find new ways of transmitting voice, data and video to businesses and homes. Experts say old-line phone firms will eventually scrap the sluggish circuit-switch setup that has served the industry for more than a century in favor of the packet-transmission foundation of the Internet. Bell Atlantic's latest announcement comes a week after Sprint Corp. announced plans to move to such a network to give customers a single connection to make calls, conduct business and surf the Internet. Atlanta-based Baby Bell company BellSouth Corp. has installed 30 ATM, or asynchronous transfer mode, switches and plans to install 24 more by the end of next year. Big carriers are struggling to upgrade their networks for higher speeds and better phone hookups. They are being challenged by start-ups such as Qwest Communications International Inc., IXC Communications Inc. and Level 3 Communications Inc., which are building all-digital networks that are unencumbered by old voice-based systems. Particularly vulnerable are the Baby Bells and other big local phone companies such as GTE Corp. With data rapidly overtaking voice calls as the primary traffic on phone networks world-wide, the big phone companies need to retool their systems, lest rivals such as Sprint, IXC and even tiny Frontier Corp. move in quickly and lure away their high-spending business and residential customers. The newcomers can provide a full suite of voice and data services to business customers simply by leasing a pipeline from local carriers, >>>>>>>DIGITCOM too relegating the Bells to the role of a wholesaler of dumb wires. The Bells and other locals will have to make the shift while continuing to serve tens of millions of subscribers. Ultimately, the Bells may have to take huge write-downs, analysts said, not unlike AT&T's $9 billion write-down of its old network when it moved to a fiber-optic network in the mid 1980s, following Sprint's lead.