To: momojoe who wrote (105709 ) 10/26/1999 10:09:00 AM From: ArtAlley Read Replies (1) | Respond to of 119973
TALK NEWS: RESTON, Va., Oct. 26 /PRNewswire/ -- Talk.com (Nasdaq: TALK - news), the leader in leveraging the power of the Internet to bill, service and market telecom services to its growing customer base, today announced that the company is entering the local calling market. In this new strategic initiative, Talk.com will be leasing local lines for resale and specifically targeting small and mid-sized businesses nationwide -- a rapidly growing universe that totals some 10 million enterprises across the U.S. The introduction of local calling represents the first major expansion of Talk.com's portfolio of services. Rates for Talk.com's new local calling services will be below those charged by Regional Bell Operating Companies. Talk.com noted that it is able to deliver savings by virtue of operational efficiencies achieved through its innovative e-commerce strategy that utilizes online marketing, billing, and customer service -- an approach unparalleled in the telecom field. Monthly phone costs are billed automatically via credit card, and most billing records are available online in real-time, allowing consumer and business users to closely monitor telecom charges. Chief Executive Officer Gabe Battista stated, ``Talk.com is providing powerful incentives to attract and retain customers nationwide by extending our company's industry-leading customer service, competitive rates and convenient on-line billing to the local calling market,' Mr. Battista stated. ``The result for our customers is a simple, consolidated bill and competitive rates. The result for Talk.com is an opportunity for incremental revenue, profit and increased customer retention.' Mr. Battista continued, ``The small and mid-sized business market in the U.S. constitutes one of the country's most dynamic engines of growth. These same companies are demanding bundled telecom services, delivered with exceptional service and efficiency, priced at competitive rates. In short, the market is ready and Talk.com has the offerings that fit that need.' The company plans to market its new local calling services by bundling them with its existing long distance telecom offerings. In addition, Talk.com plans to leverage its aggressive agent and partnership channels to penetrate the small business market. Premium features to be offered to customers that are typically part of local calling packages will include: Call Waiting, Call Forwarding, Call Transfer and Voice Mail. Talk.com's initial rollout of local calling services includes 15 major U.S, markets, starting with Atlanta in October 1999. Following will be the cities of Denver, Dallas, Phoenix, Seattle, Indianapolis, Cincinnati, Hartford, Nashville, Charlotte, Salt Lake City, Houston, Omaha, Chattanooga and Knoxville.