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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: D.E. Lee who wrote (5414)	4/23/1999 11:43:00 AM
From: D.E. Lee	Read Replies (1) \| Respond to of 7342

Regarding MediaOne and Tellabs, here's the release (08/19/98): MEDIAONE® LAUNCHES CABLE TELEPHONY SERVICE WITH TELLABS' CABLESPAN® SYSTEM Residential Service Begins in Florida Cities This Week Lisle, Ill. - Tellabs announced today that MediaOne, the nation's third largest Broadband services provider is the first in the nation to use the Tellabs CABLESPAN 2300 universal telephony distribution system for large-scale single-family residential telephony service over its hybrid fiber/coax network. MediaOne began commercial delivery of integrated telephone and cable TV services August 17, in Lighthouse Point, Fla., and deployment began yesterday in Jacksonville, Fla. Lighthouse Point, in the Pompano Beach area, and Jacksonville are two of MediaOne's largest properties with a combined 520,000 cable subscribers. MediaOne plans to use the CABLESPAN system to offer telephone services in 1998 in other MediaOne service areas. Tellabs is providing MediaOne with a complete solution for the delivery of comprehensive, cost-effective services that includes the CABLESPAN host digital terminal, remote service units and element management system, as well as various Tellabs Select professional services. "This is precisely why we selected Tellabs for these important markets in Florida," said Gary Lane, vice president-telephone services for MediaOne's National Markets Group. "In addition to the telephony services beginning this week, the CABLESPAN platform provides us with the future capability to provide our customers high-speed access to on-line data services, such as Internet access and corporate LAN extension." "With this activation of service, MediaOne has again demonstrated the vision and skill that keeps it at the leading edge of broadband service providers," said Tim Fritzley, vice president of Tellabs' Broadband Media Group. "Tellabs is pleased to be working alongside MediaOne. This roll-out further demonstrates our ability to provide the right combination of products and services for the provision of telecommunication services over HFC networks in the United States and elsewhere." To date, Tellabs has delivered more than 25,000 CABLESPAN remote service units for HFC applications to customers worldwide. The CABLESPAN system is ideally suited for the deployment of telephone and data services to residential and small-business customers. The system includes a comprehensive family of remote service units that can cost-effectively deliver a wide variety of voice and data services, including access to the Internet and other on-line services, over a variety of transport media. The system can be readily deployed in single-family residence and shared tenant/multiple dwelling unit applications. MediaOne, the nation's leading Broadband services company, provides entertainment, information and communications services to more than 5.1 million customers in 17 states. MediaOne Group (NYSE:UMG), is one of America's leading broadband communications companies, bringing the power of broadband and the Internet to more than seven million customers in the United States, Europe and Asia. The company also has interests in some of the fastest-growing wireless communications businesses outside the U.S., serving more than three million customers. For 1997, the businesses now part of MediaOne Group produced $6.6 billion in proportionate revenue. Tellabs designs, manufactures, markets and services voice and data transport and network access systems. The company's products are used worldwide by the providers of communications services. Tellabs, Inc., stock is listed on the Nasdaq Stock Market (TLAB). Tellabs, Tellabs logo and CABLESPAN are registered U.S. trademarks of Tellabs Operations, Inc., in the United States and/or other countries. Tellabs Select is a service mark of Tellabs Operations, Inc., in the United States and/or other countries. tellabs.com