Sprint IP Voice Connect Simplifies Business Communications and AT&T Announces New Data Services Contract12 March 2006
Diversified Communication Services industry news provided by Financial News USA (OTC: FNWU) Sprint (NYSE:S) recently launched a new Voice over Internet Protocol (VoIP) solution for enterprises that addresses the reality of modern business: dispersed workforces, multiple forms of access, the need to simplify administration and business continuity concerns. Sprint IP Voice Connect enhances user connectivity and simplifies network complexity by combining voice and data communications on a single IP network while securely supporting integrated and next generation applications. Verizon Wireless (NYSE:VZ), operator of the nation's most reliable wireless network, recently announced it completed more than $300 million in enhancements to its D.C., Maryland and Virginia network in 2005. Verizon Wireless has invested $30 billion -- about $5 billion every year since the company was formed six years ago -- to increase the coverage and capacity of its national network. AT&T Inc. (NYSE: T) announced recently a new optical and data-networking services contract with the city of Folsom, Calif. Under the terms of the five-year contract, AT&T companies will implement an Optical Ethernet Metropolitan Area Network (Opt-E-MAN®) to support Folsom's internal applications at multiple offices and facilities throughout the community. The city will upgrade its network from a T1 service to 10 Mbps of Ethernet service for increased bandwidth and faster data transactions. eLEC Communications Corp. (OTCBB:ELEC): Summary of Accomplishments: Total revenue of $15.9 million, Annual revenue is 66 percent higher than fiscal 2004, 46 percent gross margin percentage, Established compliance with 911 emergency calling regulations for Voice Over Internet Protocol (VoIP) services and Added several significant VoIP wholesale customers. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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