COMS & the Ghost of USRX w/ other STUFF Message Board

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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF

COMS 0.00400

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Dec 5 9:30 AM EST

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To: Dwight E. Karlsen who wrote (11542)	1/12/1998 1:08:00 AM
From: jhild	of 22053

WorldCom To Offer Services In Japan Using Own Circuits TOKYO (Nikkei)-WorldCom Inc. plans to offer telephone and high-speed data transmission services to corporate clients in Japan within this year, using its own circuits, The Nihon Keizai Shimbun reports in its Monday morning edition. The major U.S. telecommunications firm, which so far has provided Japanese services via lines leased from Kokusai Denshin Denwa Co. and other phone companies, will soon apply for approval from the Ministry of Posts and Telecommunications. Rules on telecom services offered by foreign companies will be eased in the near future, industry sources said. The Mississippi-based firm hopes to attract multinational corporations with bases in Japan as well as Japanese companies operating globally. The services will be provided by installing optical fiber cables in central Tokyo and connecting WorldCom's circuits with Nippon Telegraph and Telephone Corp.'s relay stations in regional areas. The firm will also link the lines with its cross-border circuits to offer services between Japan and major U.S. and European cities, including New York, London and Frankfurt. The move by WorldCom, which last year decided to acquire rival U.S. telecom firm MCI Communications Corp. for $37 billion, is certain to speed realignment of Japan's telecom industry and accelerate the entry of foreign firms into the market, the sources added. satellite.nikkei.co.jp

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