Non-Tech | Williams Companies, Inc. (WMB)


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To: CJ who wrote (69)10/18/1998 4:49:00 PM
From: Digitom   of 271
 
The following article on WMB from teledotcom mag...

teledotcom.com 

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To: Digitom who wrote (70)10/18/1998 10:11:00 PM
From: abuck95   of 271
 
Thanks for the article, printed that one put it in my WMB folder.
Janzen sure is bullish. Particularly intrigued by comments from
Berg Ayvazian.

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To: Digitom who wrote (70)10/18/1998 11:43:00 PM
From: CJ   of 271
 
TY, Digitom -- Here's another article -- today's Tulsa World [where WMB is based]:

tulsaworld.com 

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To: CJ who wrote (69)10/19/1998 9:32:00 PM
From: abuck95   of 271
 
Thank you for your reply. I have another question for you. Just
how does the fiber exchange like the one announced with GSTX work?
Is it a trade in capacity to different locals? Hey! I am new to this
and clueless so far, reading as much as time allows trying to catch
up. Thanks for your help.

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To: abuck95 who wrote (73)11/1/1998 12:07:00 PM
From: June   of 271
 
Article from the "Rocky Mountain News":

insidedenver.com 

<<<
Now the company is pitching itself as a "carrier's carrier" which will sell wholesale services to all comers. US West signed on as an anchor tenant in January with plans to let Williams carry much of its long distance data, and eventually long-distance telephone calls.

"Clearly we're in a huge construction mode right now, deploying this network over a three year period," said Frank Semple, president of Williams network.

Janzen, for one isn't worried that too many information highways are being constructed.

"We're convinced that the demand is huge and we'll all do well," he said.

November 1, 1998
>>>>

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To: June who wrote (74)11/10/1998 9:21:00 AM
From: Justin C   of 271
 
RESEARCH ALERT - Williams begun as strong buy

ST. LOUIS, Nov 9 (Reuters) - Edward Jones analyst Zach Wagner said Monday he is initiating coverage of energy and telecommunications company Williams Cos. with a strong buy rating on the stock.

"WMB stock is 25 percent off its high, representing an attractive opportunity to aggressively accumulate this stock," Wagner said in a research report.

Wagner said he believed the company's asset base was currently being significantly undervalued by the market.

Shares in Williams Cos. were trading down 3/8 at 27-5/8 on Monday.

18:53 11-09-98


Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.

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To: Justin C who wrote (75)11/10/1998 10:22:00 AM
From: CJ   of 271
 
TY, Justin ...... nice.

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To: CJ who wrote (76)11/16/1998 3:36:00 PM
From: Justin C   of 271
 
Williams Declares Intention to Enter Switched Services Market in 1999;Nortel Networks to Provide Switches in Williams Nationwide Broadband Network


TULSA, Okla., Nov. 16 /PRNewswire/ -- Williams (NYSE: WMB) today announced it will provide switched voice services -- including a full suite of long distance services -- to the wholesale carrier and reseller market using Nortel Networks' high-speed voice and data switches.

The company plans to make switched services available nationwide by June 1, 1999. Williams, under the trade name WilTel, had become the leading provider of wholesale switched services by 1995, until the sale of that business unit to LDDS/WorldCom in January of that year.

"The current long distance market in the United States is approaching $100 billion, of which the wholesale segment represents roughly 20 percent and is projected to grow at a compound rate of 21 percent each year for the next three years. Switched long-distance services are an integral part of our commitment to offering a comprehensive set of products and services to our wholesale customers," said Gordon Martin, senior vice president of sales and marketing for the Williams network.

"Williams' award-winning MultiService Broadband Network(TM) is uniquely optimized to provide high-speed capacity to wholesale customers, as well as a full set of products and services. We will take advantage of our systems capabilities, knowledge base and low-cost network position to offer carriers and resellers value they have not had available up to this point. This will enable Williams to once again capture a major position in the long distance market within three years," Martin said.

Williams plans to use Nortel Network's DMS-250 long-distance switching system, including integrated OC-3 and ATM trunking capability and Service Builder Intelligent Networking portfolio, in its backbone network.

"Williams selected Nortel Networks as its vendor for switched services because of the company's excellent record of providing cost-effective and reliable solutions," said Joe Turcotte, senior vice president and chief operations officer for the Williams network. "Nortel Networks is the premier North American provider of convergent Class 4 switches with ATM interfaces, and we are confident that they can provide us with the equipment we need to develop our switched voice product."

Williams has one of the largest nationwide fiber-optic networks in the United States, reaching 18,000 miles and 63 cities in 1998 and is scheduled to expand to 32,000 miles connecting 120 cities by the end of 2000. The network being constructed employs the latest in fiber-optic technology and recently won the top award at SuperComm '98 for innovative network design. Williams is the first carrier to introduce a fully integrated Multi-Service Broadband Network(TM). This next-generation architecture couples intelligent switches with an ATM backbone to give Williams' customers a full feature set over the platform they choose. Using OC 192 transport systems with Dense Wavelength Division Multiplexing, the Williams network delivers up to 160 Gbps in 16 waves on a single fiber. Ninety-six to 144 fibers are typically installed in every Williams build with multiple conduits, leaving open conduits to meet future needs.

About Williams

Williams, through its subsidiaries, provides a full range of traditional and leading-edge communications and energy services, and is the nation's largest volume transporter of natural gas. Williams' communications enterprises include a U.S.-based wholesale multimedia fiber-optic network; North American single-source business communications systems integration; international video satellite and fiber-optic transmission, business television and multipoint video and audio conferencing applications. Williams information is available at www.twc.com and www.wilcom.com, and www.willtales.com.

All trademarks are the property of their respective owners. Portions of this document may constitute "forward-looking statements" as defined by federal law. Although the company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Reform Act of 1995. Additional information about issues that could lead to material changes in performance is contained in the company's annual reports filed with the Securities and Exchange Commission.

SOURCE Williams

CO: Williams; Nortel Networks

ST: Oklahoma

IN: TLS

SU:

11/16/98 14:51 EST prnewswire.com 

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To: Justin C who wrote (77)11/19/1998 3:26:00 PM
From: Justin C   of 271
 
Williams Cos. to sell part of communications unit


TULSA, Okla., Nov 19 (Reuters) - Energy and communications company Williams Cos. <WMB.N> said on Thursday it plans to sell a minority interest of its communications business to the public in a move to expand its national fiber-optic network.

Williams Cos. said it expects the offering, which mimics Citizens Utilities' <CZN.N> move to spin-off its telecommunications business in May, will generate between $500 and $750 million. The proceeds will be invested in the communications business.

The company said the initial equity offering of Williams Communications Group, Inc, is expected to be filed in the second quarter of 1999, and would not require shareholder approval. The exact stake the company plans to spin off was not immediately available.

Williams aggressively returned to the telecom market earlier this year, after the 1995 sale of all but one strand of its 11,000-mile fiber-optic network to WorldCom <WCOM.N> for $2.5 billion. Under the WorldCom deal, Williams was prevented from being in the telecom business until Jan. 1998.

Since that "non-compete" agreement expired, Williams' moves to relaunch its fiber-optic network have included a $2.7 billion investment in April to build a new fiber-optic network between New York and Washington, D.C. Williams said it expects to have an 18,000 mile fiber-optic network in operation by the end of 1998 and ultimately sees a 32,000-route mile network.

With $1.6 billion in assets, the communications group reported $1.4 million in revenue in 1997 and $1.2 billion in revenues through the first nine months of 1998. The parent company also has substantial holdings in energy, including natural gas and refined petroleum product pipelines east of the Rocky Mountains.

13:29 11-19-98


Copyright 1998 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. All active hyperlinks have been inserted by AOL.

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To: Justin C who wrote (78)1/25/1999 12:41:00 AM
From: BLong   of 271
 
Don't know if this map has been posted here yet, but pretty impressive stuff:
willtales.com 

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