Voice-on-the-net (VON), VoIP, Internet (IP) Telephony Message Board

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

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To: Frank A. Coluccio who wrote (1497)	10/9/1998 8:02:00 PM
From: Jeff Pulver	Read Replies (1) of 3178

Hi Frank, With respect to the recent AT&T announcement, please note that the folks at AT&T Global Clearing first announced their service back on March 30, 1998 at my first NextGen Telco Summit that was held during Spring '98 Voice on the Net in San Jose. What AT&T didn't announce yesterday was that they choose Clarnet clarent.com as at least one of the products their Clearinghouse / Settlement services will support. And while AT&T is an investor in ITXC, from what I was told it was a combination of "internal politics" and "market opportunity" that AT&T chose to launch their own Settlement and Clearing house operation for IP Telephony. The business unit that is doing it is based in Hong Kong. To date (as far as I know), the only hardware they support is Clarnet. As a result, this has been a boon for Clarnet. AT&T and ITXC are not the only companies offering services in this space. These days, Arbinet arbinet.com, GRIC gric.com and Transnexus transnexus.com all offer settlement/ clearinghouse functions. With regard to my founding of Min-X.com "The Minutes Exchange", I'd be happy to discuss the concept in detail. The website is up at pulver.com. Overall, The Minutes Exchange is not a carrier and we don't offer (or perform) Settlement or Clearinghouse functions for our members. Instead we charge a brokerage fee for deals that we help to put together at our quarterly "Dealing Room" meetings. ITXC took the approach that each of parities can be anonymous to each other and by this mature they never know who they are doing business with. From my perspective, Carriers want to know who they are doing business with. While it is true that many Carriers will terminate just about anybody's traffic, they want to know who the party who terminates their traffic is. With Min-X.com, each party is introduced to the other party and we act as a "Market Maker". In fact the goal of Min-X is to be the "Broker's Broker" in the space as it evolves. My immediate goal with Min-X is to help accelerate the growth of the IP Telephony Minutes marketplace. I expect that if we execute things properly, we will be "the" place where people who are looking to buy/sell terminating capacity for IP Telephony minutes come to. Another positive side effect of this is that now when equipment vendors sell their gateways, they will be able to tell their customers that a marketplace exists where they can sell their excess terminating capacity into. Look for a formal press release announcing Min-X.com to be issued within the next week. Best Regards, Jeff Pulver

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