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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?


To: Wes Self who wrote (12160)12/7/1998 9:02:00 AM
From: charles catlett  Respond to of 19331
 
Was in IIXC's latest 10Q:

"Mr. Scott noted a number of key events in the third quarter:

Successful completion of $600 million Senior Secured Credit Facility as the third step in the Company's planned refinancing program.
Three-year, $12 million contract with Adelphia Communications Corporation to provide switched services to their cable and business customers.
Introduction of new turn-key, branded suite of Internet wholesale services nationwide.
Completion of 2,400 fiber route miles, including the route segment between New York, Washington D.C., Atlanta, Houston and Dallas, and the route segment between Los Angeles and San Francisco ­ bringing IXC's network to approximately 9,300 fiber route miles.
Launch of Storm Communications, Ltd., IXC's joint venture, offering switched voice services in Europe.
Three contracts totaling more than $33 million to provide fiber optic network to Digital Teleport, Inc.
Implementation of the first OC-192 fiber optic transmission system supporting up to 80 gigabits per second of capacity ­ the longest eight-wavelength OC-192 system deployed anywhere in the world.
An agreement with Time Warner Telecommunications to offer long distance services to Time Warner business customers nationwide. "