Cingular Wireless Plans to invest $70 Million and Verizon Completes $40M Switching Facility13 April 2006
Telecommunications industry news provided by Financial News USA (OTC: FNWU) Cingular Wireless, a joint venture between AT&T Inc., formerly SBC Communications Inc. and BellSouth Corporation (NYSE: BLS), plans to invest almost $70 million in its Oklahoma network in 2006, bringing customers even more wireless services, enhanced call quality and coverage. The 2006 investment in Cingular's Oklahoma network will bring new cell sites, high-speed data services, the addition of portable and permanent generators, and other enhancements to Cingular's ALLOVER(TM) Network. AT&T Inc. (NYSE:T) created a new service package for homeowners that order AT&T Yahoo! High Speed Internet Express or Pro that will give them technical support on not only the Internet, but also on their personal computers. Technicians also will be able to network two computers in the home to allow file-sharing, connect a printer, scanner or fax, or help homeowners with their software applications and operating systems. Verizon Wireless (NYSE:VZ) has completed construction of a $40 million switching facility to improve wireless phone services and expand network capacity for customers throughout Central Florida. Network technicians are currently preparing to shift all wireless traffic currently handled out of the company's existing Maitland facility to the new switching facility in Orlando. The transition will be completed later this year. U.S. Starcom, Inc, (Other OTC:USTA) announced recently that it has signed on a highly anticipated acquisition of Infinite Technology Group, Inc. of Bethpaige, New York. Established in 1991, Infinite Tech is a broad-based supplier of information technologies and other technical services to a variety of Fortune 100 companies. Clients include JP Morgan Chase, Citicorp, Time and Hewlett-Packard. 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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