INTERNET LINK TO
E. EUROPE VIA DOWNTOWN
The Telephone building at 60 Hudson Street will soon help provide Internet access for Hungary and perhaps other European countries as a result of a deal between AUDCOM, founded Downtown several years ago, and Systems Consulting, based in Budapest.
Neil London, who co-founded AUDCOM at 60 Broad Street in 1966, said the $3 million deal was completed with Systems Consulting chairperson Dr. Kapolyi Laszlo in early November. He said the Hungarian firm, a large cable and phone service provider, will likely sell the access to neighboring countries, which have slow Internet access.
"No one has the bandwidth in Europe," said London, explaining why the signal needs to be sent to the U.S. Hungarians who use the service will have the signal connect to a satellite over the Atlantic Ocean and sent to COMSAT, located in Virginia, and then to 60 Hudson Street, at a site administered by a firm called IntelliSpace, also based Downtown. The signal will then be able to go to any website.
For London. It's quite a transformation from the AUDART art gallery he used to run at 60 Broad Street with Audrey Regan. As they staged more art and technology shows they branched out into selling Internet services.
"My intent was not really to sell T-1 lines to Goldman Sachs", said London. "My intent was to sell T-1 lines to Europe and the Pacific Rim."
Neil London, AUDCOM and Dr. Kapolyi Laszlo, TelSys
Plaza Hotel 12/98
DOWNTOWN EXPRESS / December 98 Josh Rogers
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