Allstream (NASDAQ:ALLSB)
Historical Stock Chart
From Jun 2019 to Jun 2024
Allstream Deploys New Wireless High Speed Internet Access Service in Cumberland,
Ontario
Service Offers Ease-of-use, Secure and Reliable Fixed and Mobile Internet Access
For Small Office and Teleworking Applications
CUMBERLAND, ON, March 12 /PRNewswire-FirstCall/ -- Allstream (TSX: ALR.A,
ALR.B;NASDAQ: ALLSA, ALLSB), Canada's largest alternative communication
solutions provider, today announced Cumberland, Ontario as the next Canadian
market for the roll-out of the Company's new wireless High SpeedInternet Access
service for business customers. This new service in Cumberland follows a similar
launch in Richmond, British Columbia on March 4, 2004. Allstream's offering
provides business customers with the unique benefits of fixed wireless access
and cost effective "always on" access to the Internet.
Similar to the Richmond deployment, this new service is the result of a venture
between Allstream, Inukshuk Internet Inc., a wholly-owned subsidiary of
Microcell Telecommunications Inc., and NR Communications, LLC to develop a
Multipoint Communications System (MCS) network. Allstream is purchasing
wholesale wireless access technology for "last mile" connectivity and has
created a business high speed wireless offering to be included in its
Connectivity Internet Access Portfolio.
This service will primarily target small office and teleworking applications, as
well as enterprises with remote branch locations.
Allstream's wireless High Speed Internet Access service delivers all the
benefits of a large enterprise Internet solution to small businesses:
- Cost-effective wireless high speed Internet access with download
speeds of up to 2.1 Mbps at a price of $59.95 per month;
- Ease of installation - simple plug n' play;
- Reliability of service based on non-line-of-sight technology using
only licensed spectrum;
- Portability - offers a broad coverage area;
- Mobility - bundled with a global roaming Internet account. Provides
access from over 35,000 wireline and 6,000 Wi-Fi access points.
"This offering in Cumberland is a key driver for us to reach a very important
market segment, providing broadband wireless access technology at a very
competitive price point," said John McLennan, Vice Chairman and Chief Executive
Officer, Allstream. "We have been successful in signing up new customers in
Richmond and we look forward to similar success in Cumberland. Our ability to
offer this service to businesses in two communities supports our commitment to
provide Canadians with more choice for high speed Internet access."
Allstream's new wireless offering demonstrates the company's commitment to
enhancing its overall IP network and services. Since 2000, Allstream has been a
leader in offering Business IP services, launching the first national MPLS
service in Canada. Last November, Allstream significantly enhanced its IP
solutions portfolio with the new Dynamic Class of Service - offering four
different classes of services that prioritizes traffic over a single network.
Some key customer features of this innovative offering include:
- Download speeds of up to 2.1 Mbps;
- Customer premise equipment with wireless modem;
- One Dynamic IP address;
- Domain name hosting;
- 5 domain email boxes;
- Unlimited monthly data transfer;
- Compatibility with industry leading operating systems;
- VPN compatibility;
- Global roaming access;
- Web-based account management tools; and
- Service level guarantee of 99.7 per cent availability.
About Allstream
Allstream is a leading communication solutions provider with a world- class
portfolio of Connectivity, Infrastructure Management and IT Services. Focused on
the business market, Allstream collaborates with customers to create tailored
solutions that meet their unique needs and help them compete more effectively.
Spanning more than 18,800 kilometres, Allstream has an extensive broadband
fibre-optic network and the greatest reach of any competitive communication
solutions provider in Canada, and provides international connections through
strategic partnerships and interconnection agreements with other international
service providers. Allstream is a public company with its stock traded on the
Toronto Stock Exchange under the symbols ALR.A and ALR.B and the NASDAQ National
Market system under the symbols ALLSA and ALLSB. Visit Allstream's website,
http://www.allstream.com/ for more information about the company.
Note to Allstream Investors
This news release includesstatements about expected future events and/or
financial results that are forward-looking in nature and subject to risks and
uncertainties. For those statements, we claim the protection of the safe harbor
for forward-looking statements provisions contained in the United States Private
Securities Litigation Reform Act of 1995. The Company cautions that actual
performance will be affected by a number of factors, many of which are beyond
the Company's control, and that future events and results may varysubstantially
from what the Company currently foresees. Discussion of the various factors that
may affect future results is contained on page 1 of the Company's Annual
Information Form dated May 2, 2003, which is filed with the Securities and
Exchange Commission, the Ontario Securities Commission, and SEDAR.
DATASOURCE: Allstream Inc.
CONTACT: Media: May Chong, Allstream, (416) 345-2342,
; Investors and Analysts: Brock Robertson,
Allstream, (416) 345-3125, ; Dan Coombes,
Allstream, (416) 345-2326,