March 07, 2000
Everest Broadband Inks Deal with Elastic Networks
Everest Broadband Networks, Fort Lee, NJ, this month signed a $10 million agreement for Elastic Networks' products. Terms of the deal call for Elastic Networks, Alpharetta, GA, to supply its next-generation digital subscriber line hardware and innovative connectivity software solutions to enable Everest Broadband to provide carrier-grade broadband access and Internet applications to commercial, lodging and residential facilities.
Both companies recently completed the first installation at a commercial building on Staten Island, NY. Everest Broadband Networks is a service provider focused on the multi-tenant unit and hospitality marketplace.