Eagle Broadband and World Wide Packets form strategic relationship for fiber-to-the-home market

February 1, 2002

1 Min Read

LEAGUE CITY, TEXAS -- Eagle Broadband (AMEX: EAG), a leading supplier of broadband wired and wireless products and services, announced today that the company has signed a Memorandum of Understanding (MOU) with World Wide Packets, a leading manufacturer of optical network equipment, which provides a solution to deliver massive bandwidth over the last mile of a fiber network. This MOU calls for Eagle to become a preferred solutions provider of World Wide Packets products and services. In addition, Eagle's ClearWorks subsidiary will become a preferred provider of Bundled Digital Services (BDS(SM)) for World Wide Packets' Fiber-to-the-Home (FTTH) deployments. According to Manny Carter, Eagle Broadband's President and COO, a number of Eagle subsidiaries will participate in this new alliance. "In World Wide Packets' FTTH deployments, our BroadbandMagic subsidiary will make its line of Advanced Set-Top Boxes (ASTB) available to World Wide Packets customers and our ClearWorks subsidiary will provide Bundled Digital Services (BDS(SM)), including local and long distance phone service, high-speed Internet connectivity, cable-style television over fiber (with broadcast IP and VOD), and security monitoring service. On the commercial front, our atlanticpacific subsidiary will provide World Wide Packet customers structured wiring and cable installation and project management, including design and installation of Category 5, 5e, 6 Data, fiber optics, multiple-site rollout expertise and site survey/bid response assistance."Eagle Broadband World Wide Packets Inc.

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