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Technology Stocks : Nortel Networks (NT) -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (1569)	12/11/1998 10:35:00 AM
From: Kenneth E. Phillipps	Respond to of 14638

Statement by Ericsson spokesman ''My expectations are based on the view that the effects of the global economic crisis which is affecting demand within some of Ericsson's operations -- especially public networks -- will continue,'' Ericsson chief executive Sven-Christer Nilsson said in a statement.

To: Kenneth E. Phillipps who wrote (1569)	12/11/1998 10:46:00 AM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 14638

Bell Canada, with the help of Nortel's 1 Meg Modem, is kicking b__t with DSL in Canada and ISPs are screaming about abuse of monopoly power. SPs Protest Bell's Latest High-Speed Promotion December 11, 1998 TORONTO, Dec. 10 /CNW/Internet Direct announced today that it plans to seek regulatory relief against Bell Canada's latest high-speed Internet access promotion known as the "1 Mg Modem", "Splitterless ADSL" or "ADSL Lite", and is calling for other Internet service providers to do the same. Bell's service is being rolled out to many parts of Toronto, Montreal, Ottawa, Quebec City and Hull by its Sympatico affiliate. While Bell's promotional material indicates that "Residential Splitterless ADSL Access service is available on a wholesale basis to Internet Service Providers (ISP's) that want to offer high-speed Internet access to consumers," independent ISPs say that they have received no such notification from Bell. "Bell has said to me that their ISP customers are a high priority, but we have outstanding complaints before the CRTC and Competition Bureau over a lack of equitable access to ADSL," says John Nemanic, president of Internet Direct. "If Bell was acting in good faith, they would have notified us before announcing this promotion, and would give us a firm date for a reasonably- priced splitterless ADSL product, instead of putting us off until next year. Once again, Bell Canada appears to be leveraging its historical monopoly privileges and ongoing bottlenecks to squeeze competition out of the high- speed access Internet market." In August, six Ontario ISPs filed an application with the Competition Bureau requesting an inquiry into the pricing practices that Bell Sygma Inc. uses in connection with its high-speed Internet access services. At the time, the ISPs charged that Bell Sygma has attempted to drive small innovative companies out of the market by pricing ADSL services well below cost. This latest promotion lowers Bell's high-speed price significantly, further raising concerns in the independent ISP industry. "Bell is abusing its dominant position in the Internet marketplace, and appears to be using its regulated monopoly to prop up an unprofitable affiliate," Nemanic claims. "We can buy the components for this service today -- at a cost of over $200 per customer per month. Bell is well aware that there is no way for us to compete with their current pricing scheme, a fact that makes a mockery of their claims to be offering this service to third- party ISPs." "Canadian phone companies face two options, open up voluntarily by participating in round table discussions with Internet providers, or face a new round of regulatory hearings," said David Colville, vice-chair of the CRTC, in a recent interview in the Financial Post (Saturday December 5th). "In light of these comment by Mr. Colville, Bell's action, in our view, demonstrates contempt for the CRTC, the ISPs and for the people of Canada. " says Nemanic. "I welcome input, advice and comment from other ISPs who may wish to join us in protesting Bell's actions." [Copyright 1998, Canada Newswire]