Liberty Media Corporation Signs Three-Year Global Purchase Agreement with ARRIS
June 15 2004 - 9:10AM
PR Newswire (US)
Liberty Media Corporation Signs Three-Year Global Purchase
Agreement with ARRIS SUWANEE, Ga., June 15 /PRNewswire-FirstCall/
-- ARRIS (NASDAQ:ARRS), a global communications technology leader,
today announced a three-year Global Purchase Agreement with Liberty
Media Corporation (NYSE:LNYSE:LMC.B), to provide the full scope of
its advanced broadband service solutions for the provision of
voice, video and data services to the broadband distribution
companies in Liberty Media International Inc., which pass 25
million homes. Included among the products and services covered
under the Agreement are: the Cadant(R) C3(TM) and C4(TM) CMTS', the
Cornerstone(R) and Touchstone(TM) lines of customer premises voice
and data equipment, including E-MTAs, Voice Ports and cable modems,
the ARRIS Q5(TM) DMTS (digital multimedia termination system),
TeleWire Supply(R) HFC infrastructure products, and ARRIS Partner
solutions from Alopa, Ellacoya and Nuera. "Liberty Media
International, Inc. holds businesses with substantial scale and
market leading positions around the world. The opportunity to
expand our relationship with ARRIS, another global leader, is
expected to provide tremendous benefits to our growing
international distribution business," noted Liberty Media CTO Tony
Werner. "Our successful experience in telephone service using the
ARRIS Cornerstone Voice products gives us great confidence in their
reliable and tested-to-scale solutions as we move into IP-based
voice." "This agreement validates our industry-leading portfolio of
products and solutions and enhances our excellent, long-standing
business relationship with Liberty Media, UGC and the growing
family of Liberty Media affiliates," said ARRIS Chairman and CEO
Bob Stanzione. "We are honored to have earned the ongoing trust of
the largest international broadband services provider."
Forward-looking statements: Certain information and statements
contained in this press release may constitute forward-looking
statements with respect to the business of ARRIS. Statements that
are based on current expectations, estimates, forecasts, and
projections about the markets in which the Company operates and
management's beliefs and assumptions regarding these markets are
forward-looking statements. The Company cautions that any
forward-looking statements made are not guarantees of future
performance. These statements involve risks and uncertainties that
may cause actual results to differ materially from those set forth
in these statements. Among other things, -- The ultimate value of
this agreement will be impacted by the success of the customers'
deployment of services and our competitiveness including delivery,
quality and cost. In addition to the factors set forth in this
release, other factors that could cause results to differ from
current expectations and additional information regarding these and
other factors relative to our business can be found in ARRIS'
reports filed with Securities and Exchange Commission. In providing
forward-looking statements, the Company is not undertaking any
obligation to update publicly or otherwise these statements,
whether as a result of new information, future events or otherwise.
About ARRIS ARRIS provides broadband local access networks with
innovative optical transport, high-speed data and telephony systems
for the delivery of voice, video and data to the home and business.
ARRIS complete solutions enhance the reliability and value of
converged services from the network to the subscriber.
Headquartered in Suwanee, Georgia, USA, ARRIS has design,
engineering, manufacturing, distribution, service and sales office
locations throughout the world. Information about ARRIS products
and services can be found at http://www.arrisi.com/ . About Liberty
Media Liberty Media Corporation (NYSE:LNYSE:LMC.B) is a holding
company owning interests in a broad range of electronic retailing,
media, communications and entertainment businesses operating in the
United States, Europe, South America and Asia. Our businesses are
classified in three groups; Interactive, Networks and International
and include some of the world's most recognized and respected
brands, including QVC, Encore, STARZ!, Discovery, UnitedGlobalCom,
Inc., IAC/InterActiveCorp, and News Corporation. DATASOURCE: ARRIS
CONTACT: Alex Swan, +1-678-473-8327, or , or Jim Bauer,
+1-678-473-2647, or , both of ARRIS Web site:
http://www.arrisi.com/
Copyright
ARRIS International plc (NASDAQ:ARRS)
Historical Stock Chart
From May 2024 to Jun 2024
ARRIS International plc (NASDAQ:ARRS)
Historical Stock Chart
From Jun 2023 to Jun 2024