Read Larry Connors' blog – Short Term Trading Strategies
RCN is a leading provider of all-digital and high definition video, high-speed internet, and premium voice services to residential and small-medium sized business customers, as well as high-capacity transport services to carrier and large enterprise customers.
RCN Business Services will take advantage of the next generation DOCSIS specification to introduce cable modems that deliver up to three times faster speeds than today's highest speed services. The company plans to launch in Manhattan and in portions of Boston where it has fiber in thousands of buildings and broadband coaxial cable throughout its footprint. Additional areas served by RCN in Eastern Pennsylvania will also get to take advantage of RCN's new speed tiers.
RCN Business Services will introduce several powerful data tiers aimed specifically at customers looking for a fast and reliable platform that can support the demands of multiple users and applications like Hosted VoIP, video conferencing, streaming video and robust and secure Virtual Private Network (VPN), for example.
RCN will leverage the Cisco(R) DOCSIS 3.0 downstream channel bonding solution that includes the Cisco(R) uBR10012 cable modem termination systems (CMTS) and Cisco DPC3000 Channel Bonded Cable Modems. The new services will offer peak data rates of 20 Mbps downstream/5 Mbps upstream, 40 Mbps downstream/5 Mbps upstream and 60 Mbps downstream/10 Mbps upstream. Pricing will allow for one to two year commitments ranging from $59.99 to $199.99. While other existing speed tiers are available to meet the specific needs of smaller businesses, all of the new DOCSIS tiers will be available to customers seeking a wideband option.
"An offering that includes faster upstream and downstream speeds will further allow us to develop solutions that meet the needs of our business customers. We anticipate that the midpoint 40/5 Mbps data package will provide the best value for many SMBs," explained RCN Business Services Vice President and General Manager, Mary Jane Horne. "We engage closely with our clients who tell us over and over about the tremendous pressures they face to find new ways to increase productivity and drive efficiency. Our rollout of DOCSIS 3.0 will make it easier for us to address this demand."
"DOCSIS 3.0 is designed to help our cable provider customers, like RCN, dramatically boost speeds using channel bonding technology," said Mark Palazzo, general manager, Cable Access Business Unit, Cisco. "DOCSIS 3.0 will enable cable MSOs to allow small business customers to leverage higher speed tiers for increased productivity, web hosting and VoIP adoption -- all with faster speeds and attractive prices."
"Every business needs a solid foundation on which to build," added Horne. "RCN's Wideband data, served over our own fiber-rich backbone, is a building block that every business could utilize to operate efficiently and reliably. When RCN's Voice and Video building blocks are layered on as part of a core telecommunications strategy, customers can focus on what's most important, running their business."
About RCN Corporation
RCN Corporation (NASDAQ: RCNI), http://www.rcn.com, is a competitive broadband services provider delivering all-digital and high definition video, high-speed internet and premium voice services to residential and small-medium business customers under the brand names of RCN and RCN Business Services, respectively. In addition, through its RCN Metro Optical Networks business unit, RCN delivers fiber-based high-capacity data transport services to large commercial customers, primarily large enterprises and carriers, targeting the metropolitan central business districts in the company's geographic markets. RCN's primary service areas include Washington, D.C., Philadelphia, Lehigh Valley (PA), New York City, Boston and Chicago. (RCNI-G)
Contacts: Lisa Barder RCN Corporation (609) 651-6892 Lisa.Barder@rcn.net Mike Houghton Communicreate (703) 799-7383 mike.houghton@rcn.net
SOURCE: RCN Corporation
mailto:Lisa.Barder@rcn.net mailto:mike.houghton@rcn.net
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
