SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report December 27, 2000
(Date of earliest event reported) (December 21, 2000)
CTC COMMUNICATIONS GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-27505 04-3469590
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
220 Bear Hill Rd., Waltham, Massachusetts 02451
(Address of principal executive offices) (Zip Code)
(781) 466-8080
(Registrant's telephone number including area code)
(Former name or former address if changed since last report)
<PAGE>
Item 5. Other Events
On December 21, 2000, the Registrant issued the following press release:
CTC Communications Completes Alpha Testing of Switched Local Voice
Services on its Packet Based Network
--First of a Kind Voice Services on a Packet-Based Network Become A
Reality in Springfield, MA--
Alpha Highlights:
-Hardware, Software, Signaling Integration and Proof of Concept Complete
-Lab Testing of Switched Long Distance and Local Calling Complete
-Testing of Business Class Features including Direct Inward and Outward
Dialing (DID&DOD) and Busy Line Hunting Complete
-Local and Long Distance Voice Calls to and from the CTC Packet-Based
Network and the Public Switched Telephone Network Complete
-Customer Beta Trials to Start Within Five Days
WALTHAM, Mass-December 21, 2000-- CTC Communications Group Inc. (NASDAQ:
CPTL)--today announced it has completed Alpha testing for switched local
and long distance voice calling on its IP+ATM, packet-based network. The
completion of Alpha testing paves the way for customer beta trials that
will start within five days.
CTC has completed testing of all the voice components of its PowerPath(sm)
packet-based network and has originated and terminated switched long
distance and local voice calls to and from its packet-based network and
the Public Switched Telephone Network. The Company has successfully
integrated, tested and proven voice services on its 100% packet-based
network including its Cisco core and edge devices, its Telcordia
Technologies Call Agent (softswitch), the internal packet network
signaling using Multimedia Gateway Control Protocol (MGCP), network to
network Signaling System Seven (SS7), voice gateways and interconnection
to the world-wide Public Switched Telephone Network.
"We are ready to provide packet-based local voice services to beta
customers in western Massachusetts", stated Frederic Kunzi, CTC's Chief
Technology Officer. "This is the day we have worked toward and anticipated
for over a year. It is a remarkable and historic achievement. We are the
first carrier to provide business class local switched voice services on a
100% packet-based network. CTC's network is the next generation
communications infrastructure of the future, and it is here today. Within
five days, our CTC beta customers will begin utilizing our network for
their switched local and long distance voice services".
Steve McGrath, CTC's Engineering Director for Next Generation Network
Services and Aaron Bruneau, CTC's Engineering Director for Network
Development, commented on this landmark accomplishment. "This is an
unprecedented milestone and testimony to the talent and commitment of CTC
and its strategic partners. The successful completion of alpha testing
basically means that switched long distance and local voice services on
our packet-based network are operational and they work. We now turn our
attention to our beta customers and their commercial use of these voice
services. We have six beta customers ready to go and will convert their
voice services to the network one at a time. All required hardware,
software and access facilities have been installed and tested at these
customer locations. CTC promised the market that we would have customers
utilizing voice services on our packet-based network by the end of this
calendar year. We will deliver on that commitment".
About CTC Communications
CTC is a rapidly growing "next generation" Integrated Communications
Carrier utilizing next generation technology and providing its customers
with converged voice, data, Internet and video services on a broadband,
packet-based network. The Company serves medium and larger business
customers from Virginia to Maine, which includes the most robust
telecommunications region in the world-the Washington D.C. to Boston
corridor. CTC was managing more than 407,000 access lines as of September
30, 2000.
The Company's Cisco Powered IP+ATM packet network and its 450 member sales
and service teams, provide contiguous marketing and technology coverage
throughout the Northeast and Mid-Atlantic States. The Company, through its
dedicated commitment to exceptional customer service, has achieved an
industry-leading market share in the Northeast and an industry-leading
line retention rate in excess of 99 percent. CTC can be found on the
worldwide web at www.ctcnet.com.
The statements in this press release that relate to future plans, events
or performance are forward-looking statements that involve risk and
uncertainties that could cause actual results to differ materially from
those reflected in the forward-looking statements including the ability of
the Company to successfully complete beta testing of local voice services
on its packet-based network. Readers are, accordingly, cautioned not to
place undue reliance on these forward-looking statements. Additional
information about these risks and uncertainties is set forth in the
Company's most recent report on Forms 10-K and 10Q. CTC undertakes no
obligation to release publicly the results of any revisions to these
forward-looking statements that may be made to reflect results, events or
circumstances after the date hereof.
Contact: John Dinsmore John Pittenger
Feldman Communications Inc. CTC Communications
410-571-8900 (t) 781-466-1302 (t)
[email protected] (e) [email protected]
www.FeldmanCommunications.com www.ctcnet.com
* * *
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CTC COMMUNICATIONS GROUP, INC.
By: /s/ John D. Pittenger
John D. Pittenger,
Executive Vice President, Finance and Administration
Dated: December 27, 2000
