peterson@osage.csc.ti.com (09/16/90)
Quoted from the Sept. 14 _Dallas Morning News_, page 13D: DALLAS AWARDS SIX FIBER-OPTIC NETWORK FRANCHISES The city of Dallas has awarded franchises to six companies that want to build private fiber-optic telecommunications networks in Dallas. The proposed networks would compete with Southwestern Bell Corp. and offer virtually all telecommunications services approved by the Federal Communications Commission except for cable television. Approved for franchises are Alta Telecom of Norcross, Ga.; DFW Metrolink of Dallas; Merrill Lynch Teleport Technologies of New York; Metropolitan Fiber Systems of Chicago; Optinet Corp. of Dallas; and Westmark Communications, a subsidiary of Denver-based television cable company Telecommunications. The companies have 30 days to sign formal franchise agreements with the city. The companies will be required to post a $1 million bond and take out $15 million of liability insurance before they can begin construction. The franchise agreement also requires the companies to ahve service available within six months and at least five miles of fiber optic cable laid within two years. The city will be paid four percent of the companies' gross receipts.