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


To: Roger Hess who wrote (1514)6/16/1998 8:57:00 AM
From: TideGlider  Read Replies (1) | Respond to of 6846
 
MCLEAN, VIRGINIA, U.S.A., 1998 JUN 15 (NB) -- By Grant Buckler,
Newsbytes. A deal with Denver-based Qwest Communications International
Inc. [NASDAQ:QWST] will help CAIS Internet, a CGX Communications
subsidiary, roll out its OverVoice high-speed Internet access service
to hotels and apartment buildings in more US cities.

The 10-year, $100 million agreement provides for Qwest to provide
leased and routed Internet Protocol (IP) bandwidth on its 18,449-mile
domestic fiber network, which is due to be complete in the second
quarter of 1999. This will expand CAIS's nationwide network from
five cities to about 130

One of the original first-tier Internet service providers (ISPs), CAIS
has built its business on providing Internet backbone capacity to retail
ISPs, though it also has some retail customers of its own, a spokesman
for the company told Newsbytes. A year ago, CAIS introduced OverVoice,
which allows for Ethernet networking over the twisted-pair phone wiring
installed in hotels and apartment buildings.

Installing OverVoice in a building requires replacing the wall jacks
with special jacks that have separate connectors for voice and data,
and installing devices in the telephone wiring closets that allow
conventional Ethernet hubs to be connected to the existing wiring. A
high-speed connection such as a T1 line is installed to carry data
traffic from the building to an Internet service provider, the spokesman
said. The result is Internet access at 10 megabits per second -- the
same speed as a standard Ethernet network and close to 20 times as
fast as a 56 kilobits-per-second modem.

In March, CGX, Microsoft Corp., and Atcom/Info Inc. announced
trials of Microsoft's Iport high-speed Internet access system, based
on its BackOffice software line, using OverVoice technology in several
hotels. In May, OnePoint Communications of Chicago agreed to use
OverVoice to provide high-speed Internet access at some of the
properties where OnePoint provides bundled communications services.

Reported By Newsbytes News Network: newsbytes.com




To: Roger Hess who wrote (1514)6/16/1998 10:42:00 AM
From: R.V.M.  Read Replies (1) | Respond to of 6846
 
We could do a merger, but the antitrust people might get us! Cisco is my only up stock right now, too--I'm waiting for better days.

Jill