SBC Signs New Agreement With AFC for Broadband Access Solutions
June 02 2004 - 8:30AM
PR Newswire (US)
SBC Signs New Agreement With AFC for Broadband Access Solutions SBC
to Deploy AFC's AdvancedVoice and UniversalDSL Solutions PETALUMA,
Calif., June 2 /PRNewswire-FirstCall/ -- AFC(R) (NASDAQ:AFCI), The
Acronym for Access(SM), today announced a new five-year contract
extension with SBC Services Inc., a subsidiary of SBC
Communications Inc. (NYSE:SBC), to provide its AdvancedVoice(SM)
and UniversalDSL(SM) solutions, which leverage AFC's
industry-leading portfolio of AccessMAX(TM) integrated multiservice
access platforms (IMAPs), outside plant cabinets, and network
management systems. AFC has been a supplier of broadband access
solutions to SBC since 1997. Financial terms of the new agreement
were not disclosed. "This new agreement extends a long-standing
relationship between the companies, building upon AFC's strong
support of SBC initiatives to aggressively deploy broadband
services," said John Schofield, chairman, president and CEO of AFC.
"This agreement expands our addressable market to include large
line size and adjunct DSL applications, as well as residential and
business fiber access. With these solutions, SBC can seamlessly and
cost- effectively evolve its existing infrastructure to faster,
more scalable next- generation networks that will deliver a broader
range of advanced voice and high-speed broadband services."
Delivering narrowband, wideband, and broadband services, AFC's
AdvancedVoice solution enables the evolution of carrier networks at
their own pace, regardless of shifts in the regulatory environment
or market trends. Carriers can maximize their existing network
investments, while providing a simple and cost-effective path to
total packetization of their access networks. AFC's UniversalDSL
solution can be deployed in both integrated (voice plus DSL) and
overlay (DSL only) applications. The Company's installed base of
AccessMAX systems -- more than 100,000 -- provides a foundation for
carriers to deploy AFC's FiberDirect(SM) solution, a carrier's most
direct path to fiber-to-the-premises (FTTP). "We're seeing
aggressive deployment of DSL from both central offices and remote
terminals by the nation's RBOCs, as evidenced by SBC's recently
disclosed net gain of nearly half a million DSL lines in the first
quarter," commented Teresa Mastrangelo, program director of
broadband access at research and analyst firm RHK. "This is a
growing trend that will benefit AFC, which has been selling its
AccessMAX IMAPs into regional Bell accounts for many years." The
extensive functionality of AFC's AccessMAX allows carriers to
deploy a common platform across a wide range of key applications
that include broadband digital loop carriers, legacy DLC
revitalization, overlay DSLAM, as well as FTTP and deep-fiber
overlay. "AFC's AccessMAX product family set the mold for 21st
century wireline access platforms when introduced over a decade
ago. It was the first -- and still remains the only -- platform
capable of being configured as a DLC, DSLAM, OLT (optical line
terminal), or media gateway," added Schofield. "AFC coined the term
'integrated multiservice access platform' and the corresponding
acronym 'IMAP' to signify the unification of these discrete network
elements into a single, cost-effective platform that reduces the
cost of ownership for carriers and enables unmatched network
evolution." About AFC Headquartered in Petaluma, Calif., AFC is a
leading provider of broadband access solutions for the global
telecommunications industry. With a customer base of more than 800
service providers worldwide, AFC continues to build and support the
world's evolving broadband access network architecture. Advanced
Fibre Communications, Inc., AFC, the AFC logo, and DISC*S are
registered trademarks of Advanced Fibre Communications, Inc.
AccessMAX is a trademark, and The Acronym for Access,
AdvancedVoice, FiberDirect, and UniversalDSL are service marks of
Advanced Fibre Communications, Inc. Copyright 2004. All rights
reserved. Any other trademarks are the property of their respective
owners. For more information, please visit AFC online at
http://www.afc.com/ or call 1-800-690-AFCI. Except for historical
information contained in this press release, the foregoing contains
forward-looking statements regarding future events and the future
performance of AFC that involve risks and uncertainties, including
statements concerning the expectation that demand for AFC's
broadband access solutions will grow. Actual results may differ
materially from those indicated by such forward-looking statements
based on a variety of risks and uncertainties, including the risks
regarding the timing and quantity of orders under the new
agreement; the uncertainties relating to growth in demand for
broadband services; the risk that AFC's new products will not
achieve anticipated market acceptance; the potential for business
disruption and other risks associated with AFC's pending merger
with Tellabs, Inc.; and the risk that AFC will experience increased
competition due to its expanded product offering. Information about
additional potential factors that could affect AFC's financial
results is included in AFC's Annual Report on Form 10-K and
Quarterly Reports on Form 10-Q, which have been filed with the
Securities and Exchange Commission. We undertake no obligation to
revise or update these forward-looking statements to reflect events
or circumstances after today or to reflect the occurrence of
unanticipated events. DATASOURCE: AFC CONTACT: Chris Heinemann of
AFC, +1-707-792-4019 or Web site: http://www.afc.com/
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