SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Net2Phone Inc-(NTOP) -- Ignore unavailable to you. Want to Upgrade?


To: George Gotch who wrote (700)8/30/1999 8:50:00 PM
From: Boplicity  Read Replies (2) | Respond to of 1556
 
To: grogger (15003 )
From: MIKE REDDERT Monday, Aug 30 1999 5:03PM ET
Reply # of 15018

This is the reason for the buying today in ATHM:

Excite is offering free long distance phone calls over the net. This is apparently done by opening your own "voice chat" room... where you can talk to more than one person at a time... all over the world.

Since this has been available for some time, I guess the "street" was not aware of it.

BTW, I'm not complaining either :)

Mike




To: George Gotch who wrote (700)8/31/1999 8:58:00 AM
From: Hawaii60  Read Replies (2) | Respond to of 1556
 
PR NEWSWIRE) AT&T, Net2Phone in Managed IP Networking and Collocation Agr
AT&T, Net2Phone in Managed IP Networking and Collocation Agreement

BASKING RIDGE, N.J., Aug. 31 /PRNewswire/ -- AT&T (NYSE: T) today
announced a contract to provide managed IP networking services and collocation
services to Net2Phone, enabling Net2Phone to extend the international reach of
its Internet telephony services over AT&T's global network.
Under the terms of the contract AT&T Global Network Services, formerly the
IBM Global Network, will provide managed IP networking services so Net2Phone
can expand its PC-to-telephone presence to 17 countries, with a dozen other
countries under consideration for future expansion. In addition, AT&T will
provide collocation services for Net2Phone servers at AT&T's Local Interface
Gateway locations (POPs) in those countries.
"We are very pleased to expand our relationship with Net2Phone so its
customers will have the benefit of the global reach of our network," said
Bruce Jackson, vice president for network services, AT&T Global Network
Services. "Voice over IP is one of the fastest growing and exciting services
in our industry."
"By effectively utilizing AT&T's robust network and co-locating our IP
telephony gateways at their points of presence, we can now offer better
service and lower cost to our customers as well as expand our IP scope," said
Mordy Rothberg, executive vice president of Net2Phone.
With more than 120 million Internet telephony minutes routed worldwide,
Net2Phone's suite of voice over IP services has become an alternative to
international long distance. Net2Phone provides PC-to-phone, phone-to-phone,
fax-to-fax, and voice-enabled e-commerce solutions to consumers and businesses
worldwide.
Revenue from the contract is expected to exceed $100 million over the
five-year life of the contract.

About AT&T
AT&T (http://www.att.com) is the world's premier provider of voice and
data communications, with more than 80 million customers, including
businesses, government and consumers. AT&T runs the world's largest, most
powerful long-distance network and the largest wireless network in North
America. The company is a leading supplier of data and Internet services for
businesses and the nation's largest direct Internet service provider to
consumers. AT&T also provides local telephone service to a growing number of
businesses.

SOURCE AT&T
-0- 08/31/99
/CONTACT: Nancy Smith of AT&T, 908-221-7814, or njsmith@att.com/
/Web site: att.com
(T)

CO: AT&T; Net2Phone
ST: New Jersey
IN: TLS MLM
SU: CON

That outa do it


*** end of story ***