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: jhild who wrote (14494)	4/3/1998 3:07:00 PM
From: Moonray	of 22053

AT&T to Lower Price of Internet Phone Services Amid Competition Bean Town Express - April 3, 1998 Boston, April 3 (Bloomberg) -- AT&T Corp. President John Zeglis said the U.S.'s largest phone company will lower the price it charges for phone calls that travel over the Internet amid increased competition. AT&T is considering offering the service, called WorldNet Voice, for lower than the 7.5 cents to 9 cents a minute it announced in January as other companies cut their rates, Zeglis said, though he added that AT&T hasn't decided on a final price. IDT Corp. said last month it will offer its Internet phone service for as low as 5 cents a minute for customers who sign up for long-distance service. AT&T will begin offering the service in three unidentified cities during the second quarter. The services use Internet protocol technology, which breaks a call into several ''packets'' of information and sends them over multiple routes, reassembling them at the destination. Traditional phone services use a single line for the duration of the call. ''We'll come up with the right price point per market,'' he said. Separately, Zeglis said the company may commercially test its new wireless technology to bypass traditional local phone lines by the end of 1998. Known as Project Angel, AT&T would mount a pizza-sized box on the side of homes to receive local phone calls and Internet services. New York-based AT&T is refining the technology to make it less costly, he said. Zeglis made the remarks before and after a speech at the Northeastern University CEO Breakfast Forum in Boston. o~~~ O

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