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WINSTAR TO EQUIP CRESCENT REIT

NEW YORK-WinStar Communications Inc. and Crescent Real Estate Equities Co. entered into an agreement under which WinStar will provide communications capabilities, including local and long-distance telephone, high-speed data and Internet services, to 22 Crescent properties in Dallas, Houston, New Orleans, Denver, San Francisco and Miami.

Five of the 22 properties have been designated WinStar hub sites, providing broadband services to both Crescent properties and other major office facilities in the vicinity of the buildings, said WinStar.

This agreement brings to more than 70 the total number of Crescent properties serviced by WinStar.

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