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Technology Stocks : Compaq

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To: hlpinout who wrote (62527)	6/8/1999 4:39:00 AM
From: rupert1	Read Replies (1) of 97611

The UK and European campaign to lower the cost of connecting to the internet continues. In the face of all the free ISP's in the UK, AOL has cut its monthly fee by 40%. Today MSFT offers free ISP to anyone signing up for its new deal with BT (British Telecom)- called BTclick. Service calls to MSN are also free using regular phones. The other free services force customers to pay about $0.75 per minute for service calls. Meanwhile, BT has announced "free" weekend calls (Friday evening to Monday morning) for anyone paying a flat fee of about $20 per month for internet services (in addition to its equipment rental charges and minute by minute charges outside of the free period). This article from The Register reports on a European wide boycott of of the internet on Sunday, last, to force telecoms to lower prices. ___________________________________________ Posted 07/06/99 5:30pm by Tim Richardson Euro Net strike "great success" claims organiser Yesterday's Europe-wide Internet boycott has been hailed "a great success" by the organisers of the action. Fifteen countries took part in the strike in the hope of forcing telcos and governments to cut the cost of Net access in Europe. In Spain the use of e-mail plummeted by 90 per cent compared to a normal Sunday. The use of chat rooms fell by around 60 per cent and visits to Web sites were also down by 36 per cent. In Greece, three of the seven major political parties went as far as to release official statements about the strike. A spokesman for the Campaign for Unmetered Telecommunications (CUT) said the strike had been a "great success". "We've had massive amounts of press coverage," said Erol Ziya. "The number of people pledging their support has gone up by a factor of ten and membership of CUT is up by 40 per cent." Of course, the biggest coup for the lobby group was AOL's declaration of support for CUT. On Wednesday, Liberal Democrat MP Steve Webb is to tackle the Government in the House of Commons on whether it thinks Europe's rigid telco pricing structure means it is lagging behind the US on the take-up of wired technologies. ®

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