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Nokia and Ntegrity Leverage Broadband Technology to Revolutionize Communication Services to Apartment Residents Across America
March 29, 2000
DSL-based Network to Provide New Voice and High-speed Internet Services to Under-served Consumers in 35 Major U.S. Cities
Nokia, a world leader in the supply of Digital Subscriber Line (DSL) products and technologies, and Ntegrity TelecontentTM Services, a leading facilities-based Competitive Local Exchange Carrier (CLEC), today announced a $75 million, three-year agreement for the provision of DSL equipment for a voice and data network serving apartment complexes in 35 U.S. markets.
Under the agreement, Nokia will supply Ntegrity with an ATM-based voice and high-speed Internet access network to deploy DSL technology that delivers voice, data, and video content over the same common copper wires currently used for normal telephone services. This technology enables Ntegrity to cost-effectively offer telephone, computer and Web-based products at affordable prices. The joint effort is expected to increase penetration of Internet-based services, extend access to education and elevate the economic resources available to currently underserved markets
"Ntegrity's community-oriented suite of voice, video and data products satisfies the pent-up demand for integrated communications services in apartment complexes, creating a new revenue stream for apartment owners and property managers," said Dwayne Goldsmith, Ntegrity President and CEO. We're also leveling the playing field for apartment residents in some 14 million households by bringing the benefits of the digital economy and culture to these typically underserved consumers."
"This agreement is an opportunity for Nokia and Ntegrity to bring state-of-the-art packetized voice and Internet service to un-served and under-served communities and capture a dominant position in a 3 trillion dollar marketplace," said Jack Kemp, Ntegrity board member and former Secretary of Housing and Urban Development.
"Nokia is especially pleased to work with Ntegrity to further expand availability of DSL technology and bring affordable voice and always-on high-speed Internet services to those who live, work and learn in America's urban areas, where Internet penetration trails far behind the national average," said Olli Oittinen, Senior Vice President, Broadband Systems, Nokia Networks. "As a global leader in providing powerful broadband interconnectivity, Nokia is committed to delivering end-to-end solutions and services that improve communications, mobility and quality of life around the world."
The network features the Nokia D50 Digital Subscriber Line Access Multiplexer (DSLAM), D50 Remote Access Module and other related products. Nokia will also provide project management and engineering support. The Nokia D50 DSLAM will be used to deploy Voice over DSL (VoDSL) telephone service and a full complement of high-speed Internet access services including ADSL, SDSL, IDSL and G.Lite technologies.
Ntegrity's Nokia-powered DSL network is set for initial launch in 35 markets across 20 states and the District of Columbia. These states include Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Missouri, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Texas, Virginia and Wisconsin.
About Nokia
Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks including related services. It also supplies multimedia terminals and computer displays. In 1999, net sales totaled EUR 19.8 billion (USD 19.9 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 55,000 people.
About Ntegrity
Ntegrity TelecontentTM Services, Inc., headquartered in Baltimore, is an integrated communications provider, offering local, long distance, paging; video and high speed Internet access to affordable and moderately priced apartment communities.
Unlike many traditional telecommunications companies, Ntegrity views the extension of voice and data access as only one of the challenges of bridging the current digital divide separating America's information "haves" and "have nots." In support of this view the company is pioneering the delivery of customized Internet content for its customers to form empowering and interactive digital communities across the United States. Visit Ntegrity on the Web at www.ntegrity.com.
Contact information:
Ms Arja Suominen
Vice President, Communications,
Nokia Networks
Tel: (Int.) + 358 9 5113 193
Fax: (Int.) + 358 9 5113 8199
nokia.networks@nokia.com
www.nokia.com
Kelly Reese
Nokia High Speed Access Products
Tel: (Int.) +1 707 793 7044
Fax: (Int.) +1 707 773 2612
kelly.reese@nokia.com
Levi Rabinowitz
Ntegrity Media Relations
Tel: (Int.) +1 410 358 1550
Fax: (Int.) +1 410 358 5453
levi@ntegrity.com
Keith Machen
Ntegrity Investor Relations
Tel: (Int.) +1 410 528 8900 x101
Fax: (Int.) +1 410 528 0917
keith@ntegrity.com
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