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Wireless Telcorp Partners With NetVoice for Wireless Broadband Deployment DALLAS, TX – April 10, 2001 Dallas based Wireless Telcorp, Inc., one of the largest privately held wireless broadband companies in the United States, announced a partnership with NetVoice Technologies (OTC BB: NTVT) for delivery of wireless broadband services. NetVoice Technologies, a Dallas based leader in IP telephony and wireless broadband services, and Wireless Telcorp will jointly deploy solutions for small and medium-sized businesses in the Southwest region offering multi-megabit data, video and voice bundled services using Cisco Systems’ new VOFDM technology. NetVoice will provide their state-of-the-art Cisco wireless suite of products to Wireless Telcorp’s current customer base. This provides NetVoice with an immediate return on investment, and Wireless Telcorp with added bandwidth and value added services such as voice to satisfy demand. "This partnership allows us the opportunity to move the fixed wireless market to the next level with an exceptionally robust network," said Larry Simmons, President of Wireless Telecorp. "There is no other system in the country, to my knowledge, that will compare to this Cisco Powered NetVoice network." The NetVoice wireless strategy is to partner with strong local and regional wireless carriers with local knowledge and customer base. ‘We look for leaders in the wireless markets across the United States, combine them with our national VoIP privately managed network, and Cisco’s wireless last mile solution’, according to Greg Fadul, Vice President of Strategic Wireless Services, "the combination of Wireless Telcorp’s distribution channel, and NetVoice’s voice and data broadband products will provide a powerful solution for the business community." NetVoice and Wireless Telcorp are ahead of schedule to launch wireless Internet services with speeds from 512kbps to 44mbps in their first market May 1st, 2001. Local and long distance voice services along with unified messaging will be added to current and new subscribers during the 3rd quarter. About NetVoice NetVoice has deployed a Tier 1 Cisco Powered Network ™ that employs packet-switching technology to break voice, text and video services into data packets and routes them over a virtual private network (VPN) utilizing Level 3 Communications, Inc. (NASDAQ:LVLT) backbone. The "NetVoice NetWork" is privately managed (24/7) from its Network Operations Center (NOC) monitoring 54 operational U.S based markets. NetVoice owns 7.5% of the minutes of use (MOU) market share, leading the industry, according to the Global IP Telephony Market 2000-01 report. NetVoice offers IP Centrex delivering local & long distance, IP phone systems (PBX replacement), voicemail and Internet based on a flat rate price model per phone, per month. Cisco Systems, Inc., NetSpeak Corporation (NASDAQ: NSPK), Global Crossing (NYSE: GX) and Network Appliance are NetVoice strategic partners that are shaping the networks our customers utilize today. About Wireless Telcorp Wireless Telcorp is a privately owned sister company of a telecommunications consortium of companies involved in advanced IVR software development and unified messaging. Wireless Telcorp’s current portfolio of three fully deployed wireless broadband networks within the last six months is a direct result of it’s extensive background and experience in RF network engineering. Supplementing a very focused wireless broadband strategy outside the tier 1 marketplace, Wireless Telcorp owns and operates a number of DSLAM networks within key multi-tenant properties delivering DSL service via wireless connectivity where the broadband experience for large numbers of segregated users would otherwise never be realized. This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein. These include the company's historic lack of profitability, end-use customers' acceptance and actual demand,
which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations, and other risks associated with the regulation of the Internet and the telecommunications industry. |
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