Telecommunications industry news provided by Financial News USA (OTC: FNWU). The AT&T Foundation - the philanthropic arm of AT&T Inc. (NYSE:T) - recently announced the launch of the 2006 AT&T Excelerator competitive technology grants program. Now in its fifth year, AT&T Excelerator will provide $6.1 million to regional and local nonprofit organizations for projects that use technology to build stronger communities. AT&T Excelerator is a major philanthropic initiative that helps nonprofits fully integrate technology into their ongoing operations and community outreach. Verizon (NYSE:VZ) is bringing to the Erie County community of West Seneca one of the most significant advancements in telecommunications technology in the past 100 years. The company recently announced that this Buffalo suburb would be the third community in the region in which it is building a fiber-optic network that will deliver faster data speeds, crystal-clear voice -- and also has the capability to offer a full suite of video services in the future -- to residence and business customers.
Alltel (NYSE:AT) Group President Kevin Beebe will speak at 3:00 p.m. CDT on May 22 at the Lehman Brothers Worldwide Wireless, Wireline & Media Conference in New York. Instructions to access the Webcast of the presentation can be found at www.alltel.com/investors. The public can access the presentation via the Investor Relations portion of the Web site on the day of the conference. It also will be archived on the Web site for three months. Buzz Technologies Inc. (OTC: BZTG) is pleased to announce it has officially become an Internet Service Provider (ISP) in Thailand. Under a recent agreement with CS LoxInfo (www.csloxinfo.com) Buzz Technologies is now officially a national ISP operator within Thailand. Through the agreement Buzz Technologies will now offer Dial Up, Broadband, ADSL and dedicated line connections throughout the country. Buzz infrastructure and support is extensive and by far the largest in Thailand.
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