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Technology Stocks : Qwest Communications (Q) (formerly QWST)

Q 96.58

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To: MangoBoy who wrote (1275)	5/18/1998 12:12:00 PM
From: MangoBoy	Read Replies (1) of 6846

[IBM Plans To Market IDT Corp.'s Internet-Based Phone Service] NEW YORK -(Dow Jones)- International Busines Machines Corp. is expected to announce a deal this week to promote and distribute IDT Corp.'s Internet-based telephone service, the New York Times reported Monday. The IDT service will be offered on IBM's Internet-access network, marking a big vote of confidence for new technologies that transmit phone conversations over the Internet rather than over traditional phone networks. IBM would be the latest heavyweight to wade into the nascent business. Last week, AT&T Corp. began testing an Internet phone service in Boston. Analysts estimate that anywhere from 15% to 25% of the nation's long-distance callers could be using the Internet rather than standard phone lines by 2003.

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