GTE Message Board - Msg: 940633

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Technology Stocks : GTE

GTE 4.490

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10:14 AM EST

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To: Jerry Held who wrote (53)	3/6/1997 5:18:00 PM
From: Timir	of 671

GTE TO EXPAND INTERNET SERVICE TO 120 NEW MARKETS GTE said today it will begin offering Internet access over the next four months in 120 new markets, half of which are in key GTE wireless and wireline markets. Jeff Clark, acting vice president and general manager of GTE's Internet business unit, said the expansion will feature a year-long $17.95-per-month unlimited dial-up access for Internet and long distance customers, compared with the standard $19.95 rate. The company said more than 200,000 modems will be installed to handle new traffic, beginning in high-demand markets. GTE said that it has signed up more than 100,000 active subscribers since it began providing Internet access in July and that it expects to double "and in many cases quadruple" capacity in all 381 markets where it provides service. It predicted it would have 400,000 Internet customers by year-end. Hope this helps someone. -Timir.

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