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/ BARBARA MURPHY

Coyote Technologies Signs Equipment, Services Deal

October 06, 1998|BARBARA MURPHY

Coyote Technologies, a subsidiary of Coyote Network Systems in Westlake Village, has signed a three-year equipment and services contract with Crescent Communications, valued at more than $37 million.

The contract calls for Coyote Technologies to provide Long Beach-based Crescent with equipment and services so that Crescent can provide wholesale international long-distance voice and data services.

Approximately $13 million in equipment is scheduled to be shipped this month. The total equipment portion, valued at $28 million, is expected to be delivered by early 1999.

In addition, Coyote Technologies has contracted for Newbridge Networks to provide compression equipment and network management, and with Info Directions to provide its CostGuard billing system. Comdisco Inc. has agreed to provide lease financing for the initial portion of the equipment order.

Coyote Network Systems provides telecommunications equipment and network services that enable the delivery of local, long-distance and Internet services. Coyote Technologies is the company's telecom equipment subsidiary.

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