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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: Dug who wrote (2177)10/16/1998 9:58:00 PM
From: Frank A. Coluccio  Read Replies (1) of 12823
 
Dug, I posted it on the 13th of October. It wasn't a press release, per se, rather it was one of the pages at the GTE.NET web site.Don't think it's dated there, but Darren advised me that the new rates would be effective Nov. 1... and he wasn't very happy about it, either. :-(

I went back to look for it, and came across the following page which appears to supercede the one I originally posted:

gte.net :
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Titled: "Important Announcements"

100 Hours Online!

In order to continue to provide high quality Internet service, we have made some changes to most Internet access packages, including ISDN and LAN ISDN. The modifications to these packages will be effective after November 1, 1998:

•ALL Dial Up Internet Access Members: Your current Internet access rate will remain the same, however unlimited usage will change to 100 hours online usage per calendar month. Additional usage over 100 hours will be billed at $1.00 per hour*. All other service features will remain the same.

•ISDN Internet Access Members: As of November 1, your monthly rate will be reduced to $29.95 for ISDN service. This is a 25% price reduction from your current monthly access rate of $39.95. With this rate, unlimited usage will change to 100 hours online usage per channel**, per calendar month. Additional usage over 100 hours will be billed at $1.00 per hour*. All other service features will remain the same.

•LAN ISDN Internet Access Members: Unlimited usage will change to 200 hours online usage per channel**, per calendar month. Additional usage over 100 hours will be billed at $1.00 per hour*. All other service features will remain the same.

Historically, only 8-10% of our members use more than 100 hours per month, however, this relatively small portion of our member base utilizes over 65% of our network traffic each month. With this in mind, and with the desire to continue to keep our premium Internet access at an affordable price, we have chosen to implement this new usage based pricing structure.

So, how do you check your hours online each month? Find out by coming back to our homepage at www.gte.net after November 1, and look for information on our new online hours management tool. This great new tool will help you keep track of your Internet usage.

For detailed information about using our usage pricing plans, click here for Frequently Asked Questions (FAQ). If you have any additional questions, please e-mail us at MyHours@gte.net.

* Prices are usage based. Thresholds for hours used each month apply. Usage over the threshold will be billed at $1.00 per hour. Total usage at the end of the month will be prorated to the nearest minute.

** One hour of ISDN use on two B Channels will be billed as two hours of use. Unused hours do not carry forward to the following month It is the responsibility of GTE members to monitor their hours online. Some restrictions and exclusions apply. All offers are subject to change.
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I'm kinda reluctant to sign my name here in closing, but here goes...

Regards, Frank Coluccio
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