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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: DenverTechie who wrote (2598)	12/15/1998 3:32:00 PM
From: diddlysquatz	Read Replies (1) \| Respond to of 12823

Here is a small company trying to deliver "last mile technologies" to the multi dwelling unit marketplace: MDU COMMUNICATIONS INTERNATIONAL INC. COMPANY PRESS RELEASE MERGER ANNOUNCEMENT Vancouver, British Columbia- Alpha Beta Holdings (OTC/BB: MDTV) is pleased to announce it has acquired 100% of the outstanding shares of MDU Communications Inc. Alpha Beta Holdings has changed its name to MDU Communications International Inc. MDU Communications Inc. will operate as a wholly owned subsidiary of MDU Communications International Inc. MDU Communications Inc. was founded in March 1998 with a mandate to become the recognized leader in providing wireless home entertainment and information technology to the multi-dwelling unit (MDU) marketplace. The company offers the MDU Digital Satellite System, a unique digital communications service that delivers new and exciting technologies to residents of apartment complexes, condominiums, gated communities, universities and more. As well as Digital Satellite Television, our system allows for the delivery of high speed internet access, security monitoring, voice and data services and much more. MDU Communications firmly believes that this market will prove to be the primary alternative to existing telecommunications services, which are provided to more than 90% of households by a handful of companies. MDU Communications provides the complete building wiring infrastructure and all the hardware. The hardware includes just one satellite dish for all residents, mounted in a suitable location, and a set-top receiver for each resident. The infrastructure and hardware are all provided at no cost to the building owner or resident. MDU Communications Inc. establishes mutually beneficial relationships with building owners, managers, and residents to provide state-of-the-art technologies that empower them with greater choice. These choices offer the MDU residents better value and better satisfaction than ever before. MDU Communications is located on the web at : mduc.com CONTACT: MDU Communications Inc. info@mduc.com 108-11951 Hammersmith Way Tel: 1-888-322-6633 Richmond, B.C Canada Tel: (604) 277-8150 V7A-5H9 Fax: (604) 277-8301 Investor Relations: Vistawest Capital Group Tel: (604) 602-0078 Toll Free: 1-800-794-9076 investor@mduc.com “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This release contains forward looking statements that are subject to risks and uncertainties, including, but not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, reliance on key strategic alliances, availability of raw materials, the regulatory environment, fluctuations in operating results and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

To: DenverTechie who wrote (2598)	12/15/1998 4:05:00 PM
From: lml	Read Replies (2) \| Respond to of 12823

Thanks for the reply D-Tech. Question. So the cableco get find a loophole to avoid a penalty. But why should a municipality continue to renew the franchise? What is the average term of these agreements? Is it common for these agreements to have early termination provisions? My reason for asking is based upon my situation. Century Communications has been telling its subscriber base for 2 years now "Internet access is coming! Internet access is coming!" My research indicates that they are far, far away from achieving this, while other densely populated areas see rollouts on a monthly basis. I understand this is a game of economies of scale & the need to expend large amounts of capital. Century Communications is a comparatively small cableco with arguably limited capital relative to the TCIs & the Time Warners. They've struck a JV with TCI/@Home, but I see no progress whatsover. Why? Editorial Comment: Century Communication, while public, is controlled by a single investor, Leonard Tow, who IMHO, will eventually sell his controlling interest to the highest bidder at an excessive valuation. Paul Allen has been reputed to have an interest & has accumulated shares. While these corporate shenanigans have been taking place, one of the most computer saavy, computer literate, computer-oriented & above-average income level subscriber base goes without a prospect of cable internet access in the near future. I gotta think these municipalities (Los Angeles, Santa Monica, Beverly Hills, Manhattan Beach, etc.) have an obligation to their residents to lean against their franchisee to deliver on their promise of I-access, or replace them with someone else who can. If this happens to Century, Mr. Tow could kiss his relative fortune good-bye. Comments welcome.