Watch out shorts! Earth-shaking news just in from Providence!
56% of Rhode Islanders Ready for Telco Change <LOAX.O>
PROVIDENCE, R.I., Oct. 26 /PRNewswire/ -- Reflecting increased competition
and value added customer service from Log On America (Nasdaq: LOAX), 56% of
Rhode Islanders surveyed said they would switch from Bell Atlantic as their
primary carrier. Log On America is a leading provider of high-speed Digital
Subscriber Line (DSL) services and voice technology in the Northeast Corridor.
Log On America offers bundled and individual telecommunications products,
including local dial-tone, instate toll calling, high speed Internet via DSL
and cable TV programming throughout the Northeast to commercial and
residential customers
David R. Paolo, Chairman and CEO of Log On America, said, "The explosive
growth Log On America continues to see in the Northeast corridor bears witness
to the survey's findings. We started offering integrated communications
solutions in 1992 because we clearly understood the priorities of business and
residential customers. Customers want the convenience of a local provider,
with the size and scale to meet all their communications needs. They are also
demanding the consolidated billing statements and high level of customer
service that Log On America is renowned for."
The survey findings of residential and business telephone customers was
released yesterday by University of Rhode Island, Research Institute for
Telecommunications and Information Marketing and funded by the Public
Utilities Commission.
The survey found that more customers want one company to deliver
telephone, Internet, wireless and cable television services. About 56 percent
of all residential customers and 30 percent of business customers said they
want a single provider.
The survey found 33 percent of residential customers and 43 percent of
business customers have changed their long-distance carrier and there is
substantial use of 10-10 dial-around long-distance services.
Residential customers were surveyed by phone in July, with 250 out of
810 people contacted responding to a six-page questionnaire. Businesses were
polled by mail, and 37 responses out of 400 sent out were usable.
About Log On America
Log On America, Inc. is a Northeast Regional Competitive Local Exchange
Carrier ("CLEC") and Information/Internet Service Provider ("IISP"), providing
local dial tone, in-state toll, long distance, high-speed Internet access and
cable programming solutions over traditional copper wire using DSL technology
to residential and commercial clients throughout the Northeast. For more
information on Log On America, please see the Web site at
logonamerica.com.
Contact: Carol Ruth, 917-639-4111 or David Pasquale, 917-639-4277, both
of The Ruth Group
Forward-Looking Statements
Statements made in this news release, including those relating to the
survey conducted by the University of Rhode Island, Research Institute for
Telecommunications and Information Marketing and funded by the Public
Utilities Commission, may contain forward-looking statements concerning the
business and products of the company. Actual results may differ materially
depending on a number of risk factors including, but not limited to, the
following: development, shipment, market acceptance and additional competition
from existing and new competitors which will impact new customers. Other
risks inherent in the business of the company are described in Securities and
Exchange Commission filings, including the company's prospectus on Form SB-2.
The company undertakes no obligation to revise or update any forward-looking
statements to reflect events or circumstances after the date of this release.
SOURCE Log On America
-0- 10/26/1999
/CONTACT: Carol Ruth, 917-639-4111 or David Pasquale, 917-639-4277, both
of The Ruth Group, for Log On America/
/Web site: logonamerica.com
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9261 10/26/1999 12:49 EDT prnewswire.com |
