Radiant Communications recognizes CRTC Decision

VANCOUVER, Sept. 3 /CNW/ - Radiant Communications Corp. ("Radiant") (TSX-V:RCN), Canada's leading supplier of Broadband Solutions for Business(TM), recognizes the more competitive approach to provisioning communications services in Canada in a recent landmark CRTC Policy Decision 2010-632 and urges the Incumbent Telephone Companies, (ILEC's) to recognize and respect the CRTC's decision.

"We are pleased with the CRTC's decision to support a more competitive approach to provide broadband communications solutions to Canadian businesses," stated David Buffett, President and CEO of Radiant. "There are several aspects of the CRTC decision which we feel will allow Radiant to more fully service our business customers including speed matching with the incumbents, and greater access to the Cableco networks. We also believe that the Canadian regulatory framework needs to continue to evolve to ensure independent IPS's like Radiant will continue to be able to create innovative solutions and offer choice to Canadian businesses."

HIGHLIGHTS of Telecom Regulatory Policy CRTC: 2010-632:

    
    -   Approval of speed matching so that independent Internet Service
        Providers (ISP's) can match the speeds of the incumbent retail
        internet access offerings.

    -   Allowed incumbent telephone carriers a 10% higher cost of capital for
        new higher speed wholesale internet access services.

    -   Agreed that a duopoly of telephone and cable companies' retail
        internet access is insufficient, and that wireless and satellite
        services are not yet attractive enough as large scale substitutes for
        wireline access

    -   Has taken steps to make the cable companies' wholesale offering knows
        as Third Party Internet Access ( TPIA ) more useful and attractive
        in a number of ways for those who lease it.

    -   Found that smaller competitors bring pricing discipline, innovation
        and consumer choice to the interenet services market.
    

"The speed matching decision complements our recent network Investment Partnership Agreement with MTS-Allstream. In the past if a national customer had an office in Halifax for example which required higher bandwidth than traditional ADSL technologies supported and was not within reach of our high bandwidth SureLink product offering, we had difficulty providing cost-effective solutions as part of the complete proposal," said David Buffett. "With speed matching we can meet those requirements of Canadian Businesses both on-net within our SureLink footprint or off-net via a wholesale offering from the ILEC's."

"Taking steps to make the Cable Company's TPIA more useful and attractive will open up alternate methods of reaching our business customers locations. In the past we had no choice but to only offer ADSL from the ILEC's because satellite and cellular services were not economical or did not have the bandwidth capacity to support customers' applications," said Adrian Byram, Radiant's Chief Technology Officer.

"We believe that smaller companies like Radiant Communications drive innovation and can meet the needs of the small to medium enterprise market in Canada which is the engine of growth for the Canadian economy," stated Mr. Buffett. "Radiant is somewhat unique in the Canadian communications landscape because we are big enough to deliver world class, sophisticated networks but also small enough to care. In order to offer those sophisticated innovative services we need access to the building blocks."

Radiant believes that the CRTC's recent decision will ensure that small and mid-sized business continue to enjoy the widest possible choice for Internet services.

ABOUT RADIANT COMMUNICATIONS

Headquartered in Vancouver, Canada, Radiant Communications (www.radiant.net) provides businesses with a comprehensive range of IP-based data communications services including the largest on-net DSL footprint across Canada & the US, T1 and E10/E100 fibre broadband, coupled with MPLS, IPSec, and SSL private networking. From its data centres in Toronto and Vancouver, Radiant also delivers cloud computing services connected directly into customers' private networks. The cloud computing services include hosting mission-critical applications, disaster recovery/business continuity, and fully managed Microsoft Exchange.

In operation since 1996, the company currently serves over 20,000 business locations in Canada and the United States from its offices in Vancouver, Toronto and Montreal.

Broadband Solutions for Business and AlwaysThere are registered trademarks of Radiant Communications Corp. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners.

This press release may contain forward-looking statements, including statements regarding the business and anticipated financial performance of Radiant, which involve risks and uncertainties. These risks and uncertainties may cause Radiant's actual results to differ materially from those contemplated by the forward-looking statements. Factors that might cause or contribute to such differences include, among others, competitive pressures, the growth rate of the Internet and telecommunications concerns, constantly changing technology and market acceptance of Radiant's products and services. Investors are also directed to consider the other risks and uncertainties discussed in Radiant's required financial statements and filings. All other companies and products listed herein may be trademarks or registered trademarks of their respective holders.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

For further information: Investors and Media: Chuck Leighton, CFO, 604-692-4531, [email protected], or David Feick, Investor Relations, The Equicom Group, 403-538-4787, [email protected]