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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Glenn McDougall who wrote (11566)	5/19/1999 9:15:00 AM
From: Gilbert Drapeau	Respond to of 18016

Gateway Telecom Selects Industry Leader Newbridge Networks for LMDS Deployment - Newbridge Broadband Wireless Access Solution Garners Fourth U.S. LMDS Win MAY 19, 1999 HERNDON, VIRGINIA--Broadband wireless industry leader Newbridge Networks (NYSE: NN; TSE: NNC), today announced that it has been selected as the strategic networking vendor for the implementation of a local multipoint distribution service (LMDS) network by Gateway Telecom, LLC. Gateway Telecom is an emerging full-service competitive carrier and LMDS license holder. Commercial services are slated to commence in October, 1999. LMDS, a high frequency broadband wireless system operating in the 28 GHz spectrum, can be quickly deployed to cost-effectively deliver data, Internet, voice, video and multimedia services using point-to-multipoint distribution systems. The Newbridge(r) broadband wireless access solution for LMDS enables Gateway Telecom to enter the telecommunications market quickly with a broad portfolio of premium quality services for business customers. "LMDS makes sense for emerging competitive service providers because the return on investment is fast and directly proportional to the number of customers signed up," said Jeannette Noyes, research manager, International Data Corporation (IDC). "Newbridge designed its solution to be scalable so service providers can increase their infrastructure investments incrementally as their customer bases grow." "Newbridge delivers an end-to-end LMDS solution that enables us to enter the market quickly with the clear competitive advantages required to differentiate ourselves from the competition and the innovative financing necessary to support our network deployment and service roll out," said Russell Irvin, president, Gateway Telecom. Gateway Telecom is the fourth U.S. LMDS licensee to select the Newbridge broadband wireless solution, following announcements with South Central Telcom, Home Telephone Inc. and Central Texas Communications. Newbridge has also announced it is supplying LMDS networks to Canadian nationwide spectrum holder MaxLink Communications Inc. and Korea Telecom, the world's eighth-largest telecommunications company. The Newbridge LMDS solution has also been recognized with the Data Communications magazine Hot Product Award and the International Engineering Consortium (IEC) InfoVision award for its innovation, versatility and quantifiable customer benefits. "Newbridge recognizes the strength of Gateway Telecom's business plan for its LMDS network deployment," said Conrad Lewis, executive vice president, Access Products Group, Newbridge Networks. "The Newbridge LMDS solution provides the flexibility and scalability necessary for Gateway Telecom to move quickly on revenue-generating market opportunities." The comprehensive Newbridge broadband wireless solution for LMDS represents a multiservice network comprising base station and customer premise equipment. A base station, consisting of the industry leading Siemens / Newbridge MainStreetXpress(tm) 36170 Multiservices Switch and point-to-multipoint transmitters and receivers, is the central location that collects all traffic to and from customers within a given wireless coverage area. It is also the linking point between the customer and the network backbone. Customer premise equipment includes transceivers and network interface units (NIUs), which support a full range of services. The MainStreetXpress 46020 Network Manager will manage both the wireless and wireline portions of the Gateway Telecom network, providing a full range of billing, statistics and maintenance support. Newbridge Networks designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. The Company leverages its relationship with a growing family of Newbridge Affiliate companies and with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 300 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com. Newbridge and logo are registered trademarks of Newbridge NetworksCorporation. MainStreetXpress is a trademark used by the Siemens / Newbridge alliance for comprehensive solutions in broadband communication. No agency relationship, partnership, or joint ownership of a legal entity is to be inferred or implied by the use of the term alliance.

To: Glenn McDougall who wrote (11566)	5/19/1999 11:33:00 AM
From: pat mudge	Respond to of 18016

Glenn --- More on BT's earnings. Energis is also NN's customer: <<< May 19, 1999 09:01 Energis gains as BT boosts telecoms LONDON, May 19 (Reuters) - Shares in telecoms group Energis Plc gained on Wednesday, after higher-than-expected revenue growth from British Telecommunications Plc reinforced the market's positive outlook for the sector, analysts said. Energis climbed 91p or 5.6 percent to 17.25 pounds by 1241 GMT, with Vodafone Group and Orange Plc rising 2.5 and 2.2 percent respectively. BT stock rose 47p or 4.5 percent to 10.95 pounds in volume of around 29.6 million shares. BT said earlier that annual turnover had increased by 13.6 percent and that mobile and fixed network calls in the UK had made a strong contribution to growth in the third and fourth quarters. "Revenues were up 13 percent, and forecasts were for up seven or eight," said Merrill Lynch telecoms analyst Mark Lambert. BT said the expanding use of the Internet and a significant increase in calls to mobile phones had been the main factors behind the increase in inland calls over iits fixed network in the second half. Credit Suisse First Boston reiterated its "buy" rating on BT shares with a price target of 11.50 pounds, while Morgan Stanley Dean Witter and SG Securities both retained their "strong buy" ratings. Energis is expected to report full year results on Monday. >>>>