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Industry: Email Alert RSS FeedWinstar Granted Additional Spectrum by FCC in Major Markets - Brief Article
Cambridge Telcom Report, March 27, 2000
WINSTAR COMMUNICATIONS, INC. (NASDAQ: WCII) Wednesday announced that it has been granted additional licenses in the 38 GHz spectrum by the Federal Communications Commission. Two new channels were granted to Winstar on the basis of previously filed applications in each of the following major markets: Boston, MA; Chicago, IL; Cleveland, OH; Denver, CO; Detroit, MI; Kansas City, MO; Milwaukee, WI; Minneapolis, MN; and Phoenix, AZ. One new channel was granted in Pittsburgh, PA and San Diego, CA. Winstar is the largest holder of 38 GHz spectrum in the United States, with extensive bandwidth coverage in all of the top 60 U.S. markets.
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As a result of the new grants, Winstar has now increased the amount of its spectrum in these markets to the following: Boston--800 MHz; Chicago--900 MHz; Cleveland--700 MHz; Denver--900 MHz; Detroit--800 MHz; Kansas City--800 MHz; Milwaukee--800 MHz; Minneapolis--900 MHz; Phoenix--900 MHz; Pittsburgh--700 MHz; and San Diego--500 MHz.
The new licenses cover more than 54 million channel pops, increasing Winstar's total license coverage to approximately 1.3 billion channel pops. In total, Winstar's licenses cover approximately 292 million people, and approximately 80% of the business market.
Winstar Communications, Inc. (www.winstar.com) helps companies around the globe engage in Frictionless Businesssm through the use of seamless communications and technology. Winstar provides its customers with a comprehensive set of high-quality, digital-age broadband communications services, including high-speed Internet access and data transport, Web-based information, Web hosting and local and long distance services.
Winstar offers its services in more than 70 markets throughout the U.S. and in Europe, Asia and South America. It is the largest holder of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in 10 international markets. Winstar's broadband fixed wireless capabilities complement and extend the reach of its extensive fiber network. The company's long-haul fiber network, which supports IP (Internet Protocol), ATM (Asynchronous Transfer Mode) and frame relay, will extend more than 16,000 route miles and connect the top 60 U.S. markets. Winstar's intracity fiber network will consist of nearly 6,000 route miles in over 60 major domestic and international markets.
Winstar's Tier 1 Internet backbone and enhanced Web service offerings, including Web hosting and design, make Winstar one of the largest Internet companies in the U.S. The company's innovative applications enable businesses to take advantage of the new Internet economy. In 1999, the company launched Office.com, A Service From Winstar, (www.office.com) the new online business service for small and medium-sized businesses. Office.com was ranked first overall among Online Business Centers by Cahners In-Stat Group.
Winstar is based in New York City. The company has strategic relationships with several leading corporations, including Lucent Technologies; Williams Communications, Inc.; CBS Corporation; and Microsoft Corporation.
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are described in Winstar's SEC reports and other filings.
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