New FCC Rules Favor Cyber Digital, Inc.
27 March 2008 - 1:04AM
Marketwired
NEW YORK, NY , a developer of communications systems and a
communications service provider, announced today the Federal
Communications Commission (FCC) adopted new rules that will enable
Cyber Digital to provide telecommunications services to customers
in multi-tenant buildings, such as apartment buildings. These new
rules permit Cyber Digital to employ its proven and unique
distributed switching systems, which are ideally suited for
multi-tenant buildings.
Following is a brief of the new rules issued by the Federal
Communications Commission on March 19, 2008:
-- FCC Bans Exclusive Contracts for Telecommunications Services in
Apartment Buildings
-- Consumers Will Benefit from Increased Competition in Voice, Video and
Broadband Services
In an order adopted, the FCC banned carriers from entering into
exclusive contracts to provide telecommunications services in
residential apartment buildings, and prohibited enforcement of
existing contracts that contain exclusivity provisions. The
Commission found that these exclusive agreements between carriers
and building owners hurt consumers and harm competition, with
little evidence of countervailing benefits.
Moreover, exclusive contracts have blocked access by consumers
to competitive and popular "triple-play" offerings of voice, video
and broadband. Opening the door to competitive telecommunications
services will help provide consumers with increased access to and
choice of such providers.
The Commission's action is consistent with its previous moves to
expand competition for communications services in apartment
buildings and other multiple tenant environments, or MTEs. In 2007,
the Commission banned exclusive deals for video services in
residential apartment buildings, and in 2000, the Commission
prohibited exclusive contracts for telecommunications services in
commercial MTEs. This order provides regulatory parity between
telecommunications and video service providers in the increasingly
competitive market for bundled services. Please visit
www.fcc.gov.
About Cyber Digital, Inc.
Cyber Digital, Inc. is a designer, software developer and
manufacturer of proprietary advanced distributed digital voice
switches and high-performance Internet Protocol (IP) broadband
systems, such as soft switches, routers, gateways, firewalls and
servers for network operators worldwide. It also provides
communications services through its subsidiaries to small
businesses and residential subscribers in the states of New York,
New Jersey and Pennsylvania. Please visit
www.cyberdigitalinc.com.
Investor Relations Contact: Johnny Kuo Friedland Corporate
Investor Services, LLC Tel. 866-356-0651
Cyber Digital (CE) (USOTC:CYBD)
Historical Stock Chart
From Nov 2024 to Dec 2024
Cyber Digital (CE) (USOTC:CYBD)
Historical Stock Chart
From Dec 2023 to Dec 2024