Verizon to Expand Its Fiber-Optic Network and AT&T Expands Contract With LA Weight Loss Centers, Inc.

Telecommunications industry news provided by Financial News USA (OTC: FNWU). Internet users in Washington, Clackamas, Multnomah and Yamhill counties will soon be able to subscribe to state-of-the-art broadband service from Verizon (NYSE:VZ), the company that is building the nation's most advanced digital all-fiber-optic network. On Monday (Feb. 19) Verizon announced plans to deploy the advanced fiber-optic technology all the way to customers' homes and businesses in those four counties. Alltel (NYSE: AT) will hold a conference call at 7:30 a.m. CST on Feb. 20 to announce the company's fourth-quarter earnings results. Interested parties can access the call by dialing 877-493-2983 five minutes prior to the start time. The conference call will be streamed live over the company's Web site at www.alltel.com/investors. A replay of the Web cast will be available on the Web site beginning at 10:30 a.m. CST on Feb. 20.

AT&T Inc. (NYSE: T) recently announced that LA Weight Loss Centers, Inc. has renewed and expanded its contract with AT&T for network and voice services. These services will allow LA Weight Loss to provide new, innovative tools, such as an e-commerce Web site, to assist its customers with its personalized weight-loss programs. AT&T Inc. is a premier communications holding company in the United States and around the world, with operating subsidiaries providing services under the AT&T brand. Telecom services provider US Starcom (OTC:USTA) said it signed a letter of intent to spin off its subsidiary, US Starcom Technologies, which will now be called Relativity Inc. The spun off entity will focus on providing software services for banking and private equity markets. US Starcom will own 1.25 million shares of the new entity, which plans to go public over the next 6-12 months, the company said in a statement.

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