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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (35404)	8/24/1998 4:41:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

NTL: NTL announce set top box deal with ACER ----------- Dots: c-cube.com c-cube.com; ----------- 08/24/98 M2 PRESSWIRE (c) Copyright 1998 M2 Communications, Ltd. All Rights Reserved NTL, the UK's leading integrated communications company, has announced a deal with ACER that will see the Taiwan based company supply NTL with an initial order of 30,000 TV-Internet set top boxes (STBs). The software for the set top boxes will be provided by Oracle owned NCI. This first delivery of STBs will form part of a revolutionary Internet and telephony package that NTL is launching to consumers later this year. Telephony and Internet access will be available throughout the UK from late Summer for both PC users and for households with televisions. Even without owning a PC homeowners will benefit from unlimited World Wide Web, email access and discounted telephony rates. Digital television will also form an integrated part of the package from 1999. Barclay Knapp, Chief Executive Officer of NTL Incorporated, says these services are a major step towards bringing the new era of digital communications into everyone's homes: "Only 25% of homes currently own a PC -- even fewer have modems --and so the vast majority of the population is excluded from using the Internet and email. We are in the unique position of having a compelling package that consists of a national telecoms infrastructure, an award-winning Internet service and expertise in digital TV. This combination allows us to deliver all the necessary elements for voice, data and television delivery direct to the living room." Blake Barker, Managing Director of NTL Internet said: "We are delighted to announce this deal with ACER as it represents a real milestone in our TV-Internet development. We are now moving swiftly towards launch and we expect our Internet package to revolutionise the way people use television." Notes to Editors NTL Internet is part of the NTL group of companies, NTL Incorporated, the UK's leading integrated communications company, offering alternative telecommunications solutions, broadcast and transmission services. NTL Internet operates across NTL's telecommunications and cable divisions as the UK's premier supplier of wholesale solutions for those organisations choosing to become an ISP. NTL Internet supports some of the UK's fastest growing ISPs including VirginNet and Which?Online. The NTL Internet Operations Centre is central to NTL's award winning Virtual ISP service handling an average of 100,000 calls per Month, with 95% of those calls handled within 15 seconds. Other capabilities within the NTL group of companies include NTL's 'Digital Telenetwork'; the only national fibre-optic network in the UK with the high capacity necessary to deliver multiple services to business and residential customers, including telecommunications, Internet services, mobile radio communications, international satellite links and visual communications. NTL provides transmission and broadcast services for the whole of ITV, Channel 4, S4C, Channel 5 and most UK independent radio stations. The NTL group operates the UK's third- largest cable television and telephony company under the CableTel, Diamond, Comcast and ComTel brand names with ten regional cable networks passing over 5.2 million households. NTL is at the forefront of digital broadcast and telecommunications development, ensuring NTL business and consumer customers will be amongst the first to benefit from digital technology. NTL Incorporated is a NASDAQ and EASDAQ -- listed public company, with its head office in Farnborough. M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES. CONTACT: Patrick Hamilton, NTL Internet, Marketing Communications Tel: +44 (0)1252 402850 e-mail: patrick.hamilton@ntli.net