THREAD ALERT
GTCC news:
Wednesday March 15, 9:15 am Eastern Time
Company Press Release
SOURCE: GTC Telecom
GTC Telecom's Long Distance Plan Beats AT&T, MCI, Sprint, and Qwest
Kiplinger's Once Again Rates GTC Telecom's Long Distance Rate Above AT&T, Sprint, Qwest, and MCI
COSTA MESA, Calif., March 15 /PRNewswire/ -- GTC Telecom (OTC Bulletin Board: GTCC - news) today announced it was featured in Kiplinger's Personal Finance Magazine, April 2000, in an article titled ``Parlez-vous Phone Bill.'
GTC's long distance rate was compared to AT&T, Sprint, MCI as well as Qwest Communications and was forty percent lower than its closest competitor, which was MCI's five-cent Sundays. The permanent rate assumed 120 minutes of interstate calls in the evening hours and included monthly
service fees to arrive at the true cost of calling.
Paul Sandhu, CEO of GTC Telecom commented, ``We are extremely pleased that the GTC name is still recognized in the telecom industry as the lowest long distance rate available for today's consumer.
Recent attention given to long distance rates, such as NBC's Dateline story regarding the 10-10-xxx wars, has illustrated that consumers are becoming more savvy and demanding true low rates. GTC Telecom is the consumer's choice for a low cost long distance option.'
This follows GTC's recent announcement of the launch of CallingPlanet.com which is offering consumers an unprecedented low cost option for international calling, which is a service comparable to other voice over IP PC to phone products offered by Net2Phone and Ursus Telecom.
About GTC Telecom
Founded in 1997, GTC Telecom (www.gtctelecom.com) is a Telecom/Internet company, providing long distance service to small and medium sized businesses as well as residential customers throughout the United States. GTC Telecom has some of the lowest long distance rates in the industry today to compete with AT&T, Sprint, Qwest Communications and IDT Corp., among others.
GTC Telecom offers basic Internet and long distance bundled and non-bundled plans. For basic unlimited 56K dial up Internet access, GTC offers a plan for $9.95 per month. The Company is nearing completion of Callingplanet.com, GTC's Voice over IP PC to Phone product, which will compare to services provided by Net2Phone and Ursus Telecom. In addition, GTC offers an array of other Internet services, including wireless T1 access, DSL service at gtcinternet.com, and a portal site, gtczone.com.
Included in this release are ``forward-looking statements' within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Although the company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations reflected in such
forward-looking statements will prove to have been correct. The company's actual results could differ
materially from those anticipated in the forward-looking statements as a result of certain factors
including sales levels, distribution and competition trends and other market factors.
SOURCE: GTC Telecom |
