USA Inc., one of the first ISPs in the country to offer high-speed
services using Local Multipoint Distribution Service, or LMDS, Tuesday
announced it is changing its name to SpeedUS.com.
The news comes a month after the company decided to sell its LMDS spectrum
and subscription television service to focus solely on Internet networking
The company now serves New York metropolitan area, offering Internet access
and its high-speed modem, SPEED. With SPEED, connections through its
cellular network can reach 48 megabites per second, or about 1,700 times
the downstream capability of a standard 28.8 kbps modem, the company said.
The company’s stock symbol will also change. Previously traded under the
symbol CVUS, the new NASDAQ symbol will be SPDE.
SPEED modems are currently only available from the company for $350 and
signal coverage is currently limited to parts of Manhattan, Brooklyn and