Ascend is currently majority-owned by subsidiaries of funds managed by New Silk Route Advisors, LP.
Upon completion of the transaction, Ascend will become an indirect wholly-owned subsidiary of Ascend Holdings, a newly formed Cayman Islands holding company whose shares are expected to be listed on The NASDAQ Stock Market LLC under the ticker symbol "ASCE.
Altman, Ascend Media's Executive Vice President and CFO, is a graduate of the University of Kansas' business school.
That location will become Ascend Media's new corporate headquarters.
The newest member of the Ascend
One Corporation family is 3Ci, a company that owns the CareOne Credit Counseling service mark.
and the Ascend
logo are registered trademarks of Ascend
As part of the strategic relationship between BlueStar Communications and Ascend
, BlueStar's Rocket DSL services utilize the following Ascend
products and solutions: the high density DSLTNT(TM), DSLPipe(R), MultiVPN, CBX-500, DSL MAX20, and MAX TNT(TM).
Last month we announced that, to date, we have shipped out 12 million remote access ports -- more than twice as many as our nearest competitor," said Kurt Bauer, vice president, product marketing, Access Switching Division, Ascend
Today's alternative carriers need more flexible, cost-effective networks to deliver services," said David Misunas, vice president of marketing and product management, Core Systems Division, Ascend Communications.
A market-leading solution, the Ascend GX 550 is the first ATM core switch to deliver OC-48/STM-16 speeds and support industry-leading density for OC-3/STM-1, OC-12/STM-4 and OC-48/STM-16.
is designing and building the WorldStar Network Operations Center (NOC) in New York, providing complete Engineering, Furnishing and Installation (EF&I).
Network Computing awarded the Ascend
MAX TNT the "Editor's Choice Award" in its April, 1999 review.
As the latest addition to the Ascend
MultiDSL product portfolio, the DSL Terminator 100 enables cost-effective deployment of feature-rich services, allowing service providers to manage subscribers in a distributed fashion and offer new revenue-generating services.
DSL MAX 20 allows us to offer our customers secure and scalable Internet connectivity, in addition to our network design and integration solutions," said Jim Hinsdale, president and CTO of AccNet.
VoIP gateway converts the PSTN call at the edge of the IP network to IP packets and routes the call to the Windows NetMeeting user.