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Date: 1998-12-12
PSINet 98: Global fest inhaliert-.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- Markt, angetreten ist, um die Telekoms dieser Welt das Fürchten zu lehren & wie's der Highspeed- Company dabei ergangen ist, erzählt die unten angeführte Saga. Vor mehren Äonen hatte PSINet mit UUnet auch Eunet Deutschland inhaliert. Nach dem Urteil in der Compuserve Affäre zog PSINet sein hosting center aus Deutschland ab, nun dient die Schweiz als sicherer Server- Hafen für Europa. -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- Margret Johnston 12/11/98 PSINet this year acquired or formed alliances with 14 companies, more than doubled its revenue and added more points of presence to its network and stretches of fiber optic cable linking key geographic regions. Although officials at this Internet service provider expect revenue of $300 million in 1998, up from $122 million in 1997, PSINet remains unprofitable competing against the telcos. These telcos dominate the ISP market and stand to lose money on their commercial Internet access and services offerings, thanks to their deep pockets. Edward D. Postal, the company's chief financial officer, blamed the cost of expansion for PSINet's net loss of $134.9 million in the first nine months of 1998, compared with a net loss of $31.3 million for the first nine months of 1997. Postal deflected attention away from the losses, saying financial analysts are satisfied with PSINet's projection that the company is on target to break even on the benchmark measurement of earnings before interest, tax, appreciation and amortization by the third quarter of 1999. ... Postal said, speaking this week at an editor's day at the company's Herndon, Va., headquarters. "We are on target to achieve more than 100% revenue growth for 1998." .... Other ISPs, including AT&T and MCI WorldCom, are focused on even larger clients and "have trouble stretching down" to the market segment that PSINet is pursuing, Schrader said. PSINet acquired five companies in the third quarter alone, the most significant of which was Tokyo Internet for $115 million. The purchase brought 6,300 new business customers and made PSINet the second largest business ISP in Japan after NTT. ... Another milestone this year was PSINet's announcement this month of the activation of dark fiber network capacity in New York City at OC-48, 2.4G bits/sec. The network, acquired from Metromedia Fiber Network in May, also covers metropolitan Washington, D.C., and links the two cities. PSINet's points of presence grew to 500 in 13 countries this year, and it dropped its first "wet" link, crossing the Atlantic Ocean with STM 1 fiber optic cable and closing its link of Asia, Europe and North America. In addition, PSINet's customer base grew to 55,000 corporate accounts, more than double the 26,400 it had at the end of 1997. .... A third hosting center is due to go on line in London in the first quarter of 1999. The fourth center announced thus far is planned for Switzerland. In two rooms equipped with humidifiers and cooled by massive air conditioning units, PSINet hosts and maintains the Web servers for hundreds of companies. The 11,000 square feet of 18-inch raised floor space for server racks at the Herndon facility is about 20% full. PSINet plans to add space to the facility, because it will be full in 12 to 18 months, according to J. Eric Dorsch, director of consulting in the application and Web services division. ... Dorsch and other engineers at the hosting center worked many hours of overtime last month ahead of Senator John Glenn's return to space when NASA approached PSINet with an urgent need to enhance its Web site. PSINet spent 10 days feverishly constructing the Web host for NASA's site, where it provided information about the 77-year-old astronaut's historic shuttle ride. The site recorded more than 29 million hits and over 4 million Web page view downloads during the six-hour launch event, Dorsch said. The site also handled more than 5,000 simultaneous streaming sessions of the NASA television program, the most PSINet's hosting center had ever done. ... "Our goal is to become one of the top three providers to businesses in all of the top 20 global telecom markets," he said. full text http://www.nwfusion.com/news/1211icann.html -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- - -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- edited by Harkank published on: 1998-12-12 comments to office@quintessenz.at subscribe Newsletter - -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- -.-. --.- 
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