STAR Telecommunications Announces Advances in North American Network Deployment
SANTA BARBARA, Calif.--(BUSINESS WIRE)--Feb. 9, 1999--STAR Telecommunications, Inc. (Nasdaq:STRX - news), the seventh largest provider of long distance services in the United States, today announced a major advancement in the deployment of its North American network.
STAR is now six months ahead of schedule with its nationwide feature group ''D'' tandem CIC deployment. The company expects to have ubiquitous origination and termination capability in every RBOC tandem in the United States by June of 1999.
''We have reached a significant milestone in the company's domestic network build-out,'' said Chris Edgecomb, chairman and CEO of STAR. ''These advancements will enable STAR to originate one plus, residential, commercial, dial around (101-6868), and toll-free calls from anywhere in the United States to anywhere in the world through our global network.
''We will be migrating a total of 100 million minutes per month to this network between now and the end of the second quarter of 1999. This will significantly reduce the company's costs and expand our addressable market, enabling our sales force to sell one plus services in every state in the U.S.''
STAR also expects to expand its dial around services (101-6868) from eleven states to the entire continental U.S. There are currently only six U.S. carriers with a nationwide feature group ''D'' network and STAR expects to be the seventh with this capability, further enhancing the company's stature as a world class carrier.
Combined with STAR's plans to construct an extensive network throughout Germany this year, this deployment will give the company a ubiquitous network throughout two of the world's top three telecommunications markets. This has not been accomplished by any carrier in the world to date.
STAR Telecommunications is a leading provider of global telecommunications services to consumers, long distance carriers, multinational corporations and Internet service providers worldwide. The company has become the seventh largest supplier of long distance services in the United States.
STAR provides international and national long distance services, international private line, Internet services, prepaid calling cards, dial around services and international toll free services. The STAR Telecom global network connects over 43 countries worldwide and includes 17 global switching facilities, ownership in 17 transoceanic cable systems and a North American fiber network connecting 30 cities. Visit STAR Telecom at startel.com.
Except for the historical information contained herein, this press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbors created thereby. The company's future actual results could differ materially from the forward-looking statements discussed herein. A list of the factors that could cause actual results to differ materially can be found in the documents the company files with the SEC, including those contained in STAR's prospectus, and the Form 10-Q for the period ended Sept. 30, 1998.
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Contact:
STAR Telecommunications
Kelly Enos/Ben Helvey, 805/899-1962
or
Morgen-Walke Associates
Todd Friedman/Jennifer Jarman, 415/296-7383 |
