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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: vinh pham who wrote (9160)	6/10/1999 11:15:00 AM
From: vinh pham	Respond to of 30916

from Sprint's Q1 report, we see that the long distance volume increased 24% over the same quarter last year. now, Sprint is offering 9 cents/minute domestic long distance and competitive rates for international calls through Sprint Basics--empowered by IDT's IP telephony network. this should generate more revenue for both companies. << Long Distance Division All major market segmentsbusiness, residential and wholesalecontributed to the increase in net operating revenues in the 1999 first quarter from the same 1998 period. First quarter 1999 long distance calling volumes increased 24% from the same 1998 period. The increase mainly reflects strong data services revenue growth and strong minute growth, partly offset by a more competitive pricing environment and larger percentage of wholesale minutes, which have a lower yield. Business and data market revenues increased 13% in the 1999 first quarter from the same 1998 period. This reflects growth in data services as well as toll-free inbound and outbound calls. Residential market revenues increased 7% in the 1999 first quarter from the same 1998 period. This increase reflects strong volume growth in residential long distance calls. Growth was enhanced by Sprint Sense Anytime(R) and Sprint Unlimited(R). Other growth factors include increased prepaid card revenues and calling card calls made by customers of local phone companies. Wholesale market revenues increased 6% in the 1999 first quarter from the same 1998 period. This reflects strong minute growth mainly from international calls and increased inbound and outbound toll-free calls. >>