Of interest:
ICGplans offer 5.9 cents/minute trunk call
Reuters Story - March 11, 1998 04:24
NEW YORK, March 11 (Reuters) - ICG Communications Inc plans to offer long-distance calling for 5.9 cents a minute, the Wall Street Journal said Wednesday in its electronic edition. The rate undermines the dime-a-minute pricing widely available to consumers and undercuts Qwest Communications International Inc's 7.5 cents-a-minute price for calls using Internet technology, the newspaper said. The companies are able to offer lower prices in part because, through Internet technology, their calls bypass the tolls that traditional long-distance carriers must pay to local phone companies, which carry the calls into homes and offices, according to the Journal. Shelby Bryan, the company's president and chief executive, said the service will be available to business and residential customers in 166 markets by the end of the year. Separately, the company is expected to announce plans to offer high-speed Internet access to small businesses and some consumers in the local markets its serves, the newspaper said. |