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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (857)	3/17/1999 11:29:00 AM
From: SI_Watcher	Read Replies (4) of 2662

The following excerpt from the Business Wire: <<Cybertel Announces Strategic Partnership With Level 3 Communications -- Takes Step Toward $1.2 Billion Revenue Goal LA JOLLA, Calif.--(BUSINESS WIRE)--March 17, 1999--Cybertel Communications Corporation (Nasdaq OTC BB:CYTP - news) announced today that it has signed an agreement to collocate its Internet Protocol gateway equipment with Level 3 Communications' (Nasdaq:LVLT - news) switching centers in major metropolitan areas. The agreement will drastically reduce Cybertel's need for its own infrastructure investments, boosting the company's overall profitability by millions of dollars. When combined with Cybertel's unique marketing program, Cybertel believes that it can reach its goal of $1.2 billion in annual revenues. The agreement, which was finalized and signed last Friday, will give Cybertel the right to install equipment at Level 3's facilities and provides the company with the ability to interconnect with other carriers that are already utilizing Level 3's facilities. Level 3 operates an Internet Protocol-dedicated, non-circuit switched network. >> Full text available at: biz.yahoo.com Stock is moving fast on low volume, anyone know anything about Cybertel? I am very familiar with Level 3, they are an excellent company.

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