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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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To: Secret_Agent_Man who wrote (1235)9/5/1998 9:46:00 AM
From: Kenneth E. Phillipps  Read Replies (1) of 3178
 
BellSouth Corp. plans to charge companies that carry
long-distance phone calls over the Internet the same fees
traditional long-distance companies must pay, a move
that could narrow the cost savings enjoyed by people
making Internet calls. BellSouth's decision on Friday
marks the first time a local phone company has charged
carriers for such calls and is likely to be a test case for
federal regulators. ''BellSouth is creating a test case and
is forcing the process,'' said Scott Cleland, an analyst at
Legg Mason Wood Walker Inc. in Washington. AT&T,
MCI, Sprint and other traditional long-distance
companies currently pay BellSouth and other local phone
companies fees for connecting long-distance calls. The
fees make up about 40 percent of the average residential
customers' long-distance bill.
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