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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?


To: gabor boda who wrote (11206)5/25/1999 2:56:00 PM
From: MangoBoy  Respond to of 12468
 
[Williams Communications Provides Broadband Connectivity Option With Wireless Local Access Service]

TULSA, Okla., May 25 /PRNewswire/ -- Williams Communications Group, Inc., a unit of Williams (NYSE:WMB), announced today it is providing carriers with a new wholesale broadband connectivity option, Williams Communications' Wireless Local Access Service.

Williams Wireless Local Access provides intercity and intracity connectivity enabling retail carriers to target enterprises located in central business districts that do not have cost effective access to local fiber as well as companies that have multiple intracity locations and major data needs. It also can be used to complement a carrier's existing network by providing capacity for redundancy and traffic overflow.

Currently Williams Communications is offering Wireless Local Access at speeds of DS-1 to DS-3 in the top markets in the United States.

Williams Wireless Local Access provides broadband access without deployment of local fiber. This is achieved through point-to-point, line-of-sight wireless transmission that uses two dishes to send and receive signals up to a five-mile range. Williams Communications' uses digital millimeter wave technology that operates primarily in the super-high licensed 38 GHz Local Multipoint Distribution Services (LMDS) spectrum. Antennas relay broadband radio signals to a central hub, which serves as a traffic aggregation point to provide access to the city's local loop.

Williams Wireless Local Access is engineered to provide up to 99.999 percent reliability depending on hub distance with a 10-year mean-time-between-failure rate and a 10 to 13-bit error rate.

"Williams Communications is committed to developing innovative products and services that help our customers increase their market share," said Jim Wootten, vice president of alliance management and technology solutions for Williams Network.

Williams Wireless Local Access exemplifies this commitment by enabling wholesale carriers to target those businesses throughout the country that don't have easy or cost-effective means to access local and long-distance broadband services."

For intercity connectivity, Williams Wireless Local Access will transmit via an intracity hub to Williams Communications nearest point-of-presence (POP). From there it will travel on Williams Communication's nationwide fiber-optic network to the POP nearest its final destination. The last mile can then be transmitted by Williams Wireless Local Access Service or via a terrestrial network.

Williams Communications' nationwide fiber-optic network has 17,600 route miles in service, 20,000 miles of fiber in the ground and plans to complete 32,000 route miles connecting 125 cities by the end of 2000. The Williams Multi-Service Broadband Network(TM) is an integrated fiber-optic network whose architecture couples ATM core switching with advanced optical networking technologies to provide carriers with data, voice, video and Internet services over the platform they choose.



To: gabor boda who wrote (11206)5/25/1999 3:07:00 PM
From: Pamela Murray  Read Replies (2) | Respond to of 12468
 
gabor,

I thought that it was 4 weeks above 42.625 ...

Pam

P.S.It's sad that this thread has pretty much dissolved. I've enjoyed all the facts and most of the banter. I hope that all is well with you and yours.



To: gabor boda who wrote (11206)5/26/1999 1:14:00 PM
From: NTF2  Respond to of 12468
 
i think that the people who own the convertables who have shorted the stock will cover thier position with the stock they get.
i dont think they have to buy shares in the market to cover.

atleast that is my understanding of the arb. position they have taken.

they get the 14% until the shares are converted, then they cover the short with those shares.