WorldPort Communications Signs Global Voice Services Agreement With AlphaNet Telecom Inc.
October 16, 1998 ATLANTA, Oct. 15 /PRNewswire/ via NewsEdge Corporation --
WorldPort Communications, Inc. (OTC Bulletin Board: WRDP)
announced today that it has signed a reciprocal voice agreement
with AlphaNet Telecom, Inc. (Toronto: FAX), a leading commercial
carrier of voice-over-frame relay services. WorldPort will provide
AlphaNet with national and international voice termination and other
telecommunications services in markets served by WorldPort's global
network.
Dan Wickersham, WorldPort's President and Chief Operating Officer,
stated, "We believe WorldPort's global on-net termination capabilities
will allow AlphaNet to benefit from low cost termination and higher
quality of service. This initial agreement with AlphaNet is an
indication of early success as we implement our Next Generation
network for emerging carriers of voice, data and Internet traffic."
"We look forward to building our relationship with WorldPort," said
Claude Samson, Chief Operating Officer of AlphaNet. He added, "This
agreement will provide AlphaNet with further penetration into world
markets and affords us exciting opportunities to grow our customer
base and international telecommunications traffic, further fueling our
global carriers' carrier operation."
AlphaNet Telecom Inc. is a communications provider specializing in
the development of digital technologies and services for the
telecommunications and hospitality industries. Its telecommunications
business unit, which provides low cost, high quality international long
distance services for the wholesale market, utilizes innovative
proprietary technology to convert traditional voice signals into data
packets for transmission over a data network. AlphaNet Telecom's
Hospitality business unit provides communications and business
services to the hospitality industry. AlphaNet Telecom is
headquartered in Toronto and maintains offices in New York,
Washington, and London England. Additional information is available
at www.alphanet.net.
WorldPort Communications, Inc., headquartered in Atlanta, GA (USA)
is The Next Generation Carrier's Carrier providing international long
distance services to The Americas, Europe, Asia-Pacific, and The
Middle East. The Company is deploying a seamless global network to
provide least-cost interconnectivity and high capacity bandwidth
products for voice, data, video and Internet traffic to long distance
carriers, multi-national corporate customers, distributors and Internet
service providers. WorldPort is focused on providing customers a true
end-to-end solution by routing traffic through a seamless system of
undersea fiber-optic network cables, advanced circuit and packet
switches and high efficiency gateways in strategic markets
worldwide. WorldPort is expanding its global network reach through
internal business development, acquisitions and international
strategic alliances.
This press release includes statements that may constitute
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
These statements are subject to risks and uncertainties that could
cause actual results to differ materially from the forward looking
statements. Factors which would cause or contribute to such
differences include, but are not limited to factors detailed in the
Company's Securities and Exchange Commission filings.
SOURCE WorldPort Communications, Inc.
/CONTACT: Phillip Magiera, Chief Financial Officer of WorldPort
Communications, Inc., 770-792-8735; Retail: Jim Estrada or Joe Dorame,
Analysts, Institutional: Kevin Mahoney or Joe Diaz, Media: Jeffrey Stanlis,
all of RCG Capital Markets Group, Inc., 602-675-0400; or Helen Verity,
Investor Relations of AlphaNet Telecom, Inc., 416-413-4407/
/Company News On-Call: prnewswire.com or fax,
800-758-5804, ext. 128371/
/Web site: rcgonline.com
/Web site: alphanet.net
/Web site: wrdp.com
(WRDP FAX.) |
