BellSouth and MDU Communications will Jointly Deploy DIRECTV(R), Data and Voice Services to Post Spring and The Reynolds
13 Septembre 2006 - 4:39PM
PR Newswire (US)
Residents will receive proven, industry-leading communications and
entertainment services ATLANTA, Sept. 13 /PRNewswire/ -- BellSouth
(NYSE:BLS) and MDU Communications International, Inc. (OTC:MDTV)
(BULLETIN BOARD: MDTV) , have signed agreements to provide a triple
play of services to Post Spring, a 452 unit Post Properties, Inc.
development, and The Reynolds, a 130 unit Urban Realty Partners
complex, both in the Atlanta, Georgia, market. "Post Properties and
Urban Realty Partners are well-respected developers of multi-family
luxury apartments and condominiums and BellSouth is pleased to be
able to deliver the products and services that make sense to their
residents," said Phil Jacobs, president - BellSouth Community
Technologies. "The combination of BellSouth's reputation and
reliable communications products and MDU Communication's video
services and experience with multi- family properties will uniquely
position both companies to meet the demanding service and
reliability requirements of today's multi-family owners, developers
and residents." Under the terms of their sales teaming agreement,
BellSouth and MDU Communications jointly propose, offer and deliver
innovative bundles of voice, data and DIRECTV(R) programming
packages specifically designed for the MDU market and provide
property owners and residents an alternative to franchised cable.
Post Properties, founded more than 30 years ago, is one of the
largest developers and operators of upscale multi-family
communities in the United States. The company's mission is
delivering superior satisfaction and value to its residents,
associates, and investors, with a vision of being the first choice
in quality multi-family living. Operating as a real estate
investment trust (REIT), the company focuses on developing and
managing Post(R) branded resort-style garden and high density urban
apartments. In addition, the company develops high-quality
condominiums and converts existing apartments to for-sale
multi-family communities. Post Properties is headquartered in
Atlanta, Georgia, and has operations in nine markets across the
country. Post Properties owns 21,722 apartment homes in 61
communities, including 545 apartment units in two communities held
in unconsolidated entities and 512 apartment units in two
communities currently under construction. The company is also
developing 230 for-sale condominium homes and is converting 597
apartment units in four communities (including 121 units in one
community held in an unconsolidated entity) into for-sale
condominium homes through a taxable REIT subsidiary. The Reynolds,
developed by Urban Realty Partners, is an architecturally- inspired
building offering a boutique condominium environment. Its
traditional architecture provides a genuine alternative to other
properties in the area, with fewer and larger units. The Reynolds
is located within the in-town SoNo district of Atlanta, offering
countless restaurants, shops and cultural attractions, within
footsteps. BellSouth and MDU Communications will jointly coordinate
network construction at the properties to assure on-time delivery
of the latest and most reliable communications and entertainment
services. The sales teaming agreement between BellSouth and MDU
Communications is and will continue to be an effective method for
both companies to combine their individual strengths and provide
great products and service to the generally under-served
multi-family market," commented Sheldon Nelson, Chief Executive
Officer of MDU Communications. "BellSouth's introduction of MDU
Communications to Post Properties has already resulted in a
relationship that is taking MDU Communications beyond the
Southeastern territory and into our other regions," added Nelson.
About BellSouth Corporation BellSouth Corporation is a Fortune 500
communications company headquartered in Atlanta, Georgia. BellSouth
has joint control and 40 percent ownership of Cingular Wireless,
the nation's largest wireless voice and data provider with 57.3
million customers. Backed by award-winning customer service,
BellSouth offers the most comprehensive and innovative package of
voice and data services available in the market. Through BellSouth
Answers(R), residential and small business customers can bundle
their local and long distance service with dial-up and high-speed
DSL Internet access, satellite television and Cingular(R) Wireless
service. For businesses, BellSouth provides secure, reliable local
and long distance voice and data networking solutions. BellSouth
also offers print and online directory advertising through The Real
Yellow Pages(R) and YELLOWPAGES.COM(TM) from BellSouth. BellSouth
believes that diversity and fostering an inclusive environment are
critical in maintaining a competitive advantage in today's global
marketplace. More information about BellSouth can be found at
http://www.bellsouth.com/. About MDU Communications MDU
Communications International, Inc. (OTCBB: MDTV) is a leading
provider of premium communication/information services, including
digital satellite television and high-speed (broadband) Internet
services, exclusively to the United States multi-dwelling unit
(MDU) marketplace - estimated to include 26 million residences.
Through its wholly owned subsidiary, MDU Communications (USA) Inc.,
MDU Communications delivers DIRECTV(R) digital satellite television
services and high-speed (broadband) Internet systems and is
committed to delivering the next generation of interactive
communication services to MDU residents. For additional
information, please see http://www.mduc.com/ or contact Investor
Relations at (973) 237-9499. DATASOURCE: BellSouth Corporation
CONTACT: Todd Smith of BellSouth, +1-404-829-8723, or ; or Sheldon
Nelson of MDU Communications, +1-973-237-9499 x4007, or Web site:
http://www.bellsouth.com/ http://www.mduc.com/ Company News
On-Call: http://www.prnewswire.com/comp/095650.html
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