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Technology Stocks : GTE
GTE 4.420-0.6%3:59 PM EST
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To: Don Jeanblanc who wrote (16)12/18/1996 9:05:00 AM
From: DWB   of 671
 
There is a story in the Wall Street Journal today aobut how GTE has signed up more than 750,000 long-distance customers just 10 months after entering the business, and now plans to aggressively pursue corporate users by launching three flat-rate calling plans.

Apparently the 750,000 number beats GTE's own estimates by 10%.

GTE hopes to win more business customers by simplifying its phone offerings. High-volume callers will pay a flat rate of 14 cents a minute for domestic long-distance calls, while low-volume users will pay 15 cents a minute. The company is also offering a flat-rate international plan whose rates depend upon the country called. The rates apply to direct-dialed, calling-card, toll-free and operator-assisted calls.
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