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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Bowen who wrote (8350)	9/24/1998 10:39:00 AM
From: MangoBoy	Read Replies (1) \| Respond to of 12468

[Teligent CEO: New Wireless Technology Ready By Next Week] NEW YORK (Dow Jones)--Teligent Inc. is poised to deploy a new wireless technology called point-to-multipoint by next week, marking the first time the system will be commercially available in the U.S. "We're on track and will be up and running in a week in L.A.," said Teligent Chief Executive Alex Mandl, the former AT&T Corp. president. "Just some final fine tuning." Following the first run in Los Angeles, the Vienna, Va.-based telecommunications company plans to move the technology rapidly into 15 markets by year's end. At the same time, Teligent is preparing to launch an aggressive advertising campaign nationwide to promote the company and the technology. Officials said it would include spots in major newspapers, special events and advertisements on the Internet. Point-to-multipoint delivers voice and data services through satellite dishes. It represents an advance on Teligent's existing point-to-point wireless system, which requires a separate set of antennas for each building served. The new point-to-multipoint enables Teligent to serve multiple buildings from a single hub. That hub system is expected to translate into cost savings and greater capacity for transmitting data. Although Teligent clearly hopes to compete against the prevailing fiber-optic technology in some markets, Mandl thinks many business customers will want to use both fiber and fixed wireless systems. He added that Teligent is focusing exclusively on the small- and medium-sized business customers. "That market, on average, is underserved," Mandl said. "People there don't get the best price, the best service or the bandwith they need." Winstar Communications Inc. also plans to introduce point-to-multipoint systems in a handful of U.S. markets during the fourth quarter. The New York City-based company then intends to roll out the new system to 40 markets by the end of 1999.