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Technology Stocks : IDT *(idtc) following this new issue?*

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To: Peter Moyer who wrote (7389)5/6/1999 11:36:00 PM
From: Secret_Agent_Man  Read Replies (3) of 30916
 
Took me a while but, I'll tell you this, the current backbone as well as the international backbone has been upgraded that is the original outlay from years back the reason I posted that with the link was to give folks an Idea, IDT has more than 80 pops nationally and more than 160 pops Internationally
HACKENSACK, N.J.--(BUSINESS WIRE)--Jan. 29, 1999-- As part of
the company's strategy to forge pacts with the world's
leading telecommunications providers, IDT Corporation (NASDAQ:
IDTC - news) announced today that it has signed agreements with four
major European-based
telecoms to establish a direct fiber-optic connection between the
companies for international long distance service.

Through agreements with France Telecom (NYSE: FTE - news),
Deutsche Telekom (NYSE: DT - news), Swisscom N.A. (NYSE: SCM
- news), and Telefonica
(NYSE: TEF - news), IDT will be able to provide better access and
lower termination rates to a number of countries throughout Europe.

According to TeleGeography '99, an industry trade publication, among
the world's carriers, Deutsche Telekom, France Telecom, Swisscom,
and Telefonica ranked
respectively, 3rd, 5th, 8th and 16th in terms of outgoing international
traffic.

''Each of these carriers rank among the top twenty of the world's largest
telecoms, and we are very excited about the opportunity to be working
with such prominent
and established carriers in the business,'' announced Jim Courter,
president of IDT.

The agreement establishes direct channels between the companies'
international switching points and IDT's facilities in the United States
and United Kingdom. In
Europe, IDT already has established a strong presence in the U.K. with
its facilities-based switch, and has purchased more than 12,000 km of
undersea cable connecting
the U.S., Canada, and U.K. The company already has numerous
operating agreements with carriers worldwide, and plans to continue the
worldwide network expansion
well as joint partnerships and operating agreements.


''These carriers have recognized the global expertise and capabilities that
IDT can provide, and have therefore chosen to partner with one of the
fastest-growing
emerging multinational emerging carriers,'' said Geoffrey Rochwarger,
IDT's senior vice president of Telecommunications. ''The opportunities
provided by the
deregulation of the European telecom marketplace has enabled us to
leap forward and capture market share in a short period of time, and we
hope to continue our
strategy of entering markets as they allow for deregulation.''

that is from jan of this year.

cheers dont worry about the DS3 think more on the OC3-48 Lines... Also
be prepared for satellite network expansion...
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