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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: dave turliku who wrote (6018)	4/15/1999 3:13:00 AM
From: Scrapps	Respond to of 9236

Found it on the business wire, it's available now using the keyword ADSL in the search box at the Yahoo Bus wire.

To: dave turliku who wrote (6018)	4/15/1999 11:23:00 AM
From: Scrapps	Read Replies (1) \| Respond to of 9236

Warning: Regulation of Internet is Creating a Nation of Information 'Haves' and 'Have-Nots' - If Congress Acts, Telecom Executive Pledges to Reach Two Million Additional Customers with High-Speed Internet Service - WASHINGTON, April 13 /PRNewswire/ -- A top telecommunications executive today warned Congress that America is quickly becoming a nation of information ''haves'' and ''have-nots.'' The problem: federal regulation of the Internet is blocking the expansion of affordable high-speed data services to millions of people in many rural, residential and economically disadvantaged areas. To forestall such a development, he urged a key Senate committee to pass legislation deregulating data networks. He also pledged to extend high-speed services to an additional two million households and businesses within one year of that legislation's enactment. In testimony before the Senate Committee on Commerce, Science and Transportation, Solomon D. Trujillo, president and CEO of U S WEST, cited specific real-life examples and the work of a respected economist to illustrate a growing social problem the U.S. Department of Commerce calls the ''Digital Divide.'' But, sounding an optimistic note, he predicted that high-speed Internet access could become ''the great equalizer'' if Congress takes action. ''U S WEST has the desire, technology, commitment and capital to widely deploy broadband technology to bring more people the promise of the Information Age,'' he told members of the committee chaired by Senator John McCain (R-AZ). ''This will only happen if Congress acts to lift the regulations that prevent my company from acting.'' Citing the work of economist Bill Lilley of InContext, Inc., Trujillo said that many of the choices Congress intended to come with competition are available primarily to large business customers downtown and in business parks. ''Congress intended widespread deployment of advanced services,'' Trujillo said. ''But that has not happened. Why? Because the economics of deploying high-speed data services today encourage hyper-competition for big business customers and result in little competition for everyone else. ''If you're one of the 19 million or so small businesses in the U.S., or you live and work in the suburbs, or if you're in the inner-city, new market entrants aren't knocking at your door,'' he said. The U S WEST executive said federal regulations prevent his and many other companies from transporting either voice or data across 197 artificial geographical lines called LATAs. Those boundaries were created 17 years ago, after the breakup of AT&T. Trujillo said Congress should lift the LATA restrictions so data services can become more broadly available. He also urged Congress to discourage the Federal Communications Commissions from imposing costly and inefficient regulations that raise costs on consumers. ''If Congress acts to deregulate the Internet in this manner, U S WEST will make a commitment to provide high-speed services to an additional two million households and businesses throughout our region in the first year alone,'' Trujillo pledged. U S WEST has established itself as a leader in providing high-speed Internet access to many of its customers. The company currently has high-speed ADSL Internet access deployed in 40 of its cities -- to some 220 central offices that serve 5.5 million customer households. It says that, with data deregulation, it could deploy high-speed Internet access to an additional 206 central offices that serve two million households across its 14-state region. U S WEST (NYSE: USW - news) provides a full range of telecommunications services -- including wireline, wireless PCS, data networking, directory and information services -- to more than 25 million customers nationally and in 14 western and midwestern states. More information about U S WEST can be found on the Internet at uswest.com. biz.yahoo.com