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Technology Stocks : RSL Communications Ltd (RSLCF) -- Ignore unavailable to you. Want to Upgrade?


To: Bill Lotozo who wrote (135)4/6/2000 10:17:00 AM
From: Rob C.  Read Replies (1) | Respond to of 178
 
6 Apr 9:46

NEW YORK (Dow Jones)--RSL Communications Ltd. (RSLC) signed a definitive
agreement to acquire Voyager, a U.K. Internet provider and networking
specialist.

Financial terms weren't disclosed.

In a press release Thursday, RSL, a Hamilton, Bermuda, facilities-based
communications company, said data will account for about 25% of its fixed-line
revenue as a result of the acquisition.

RSL said the acquisition, subject to closing conditions, would allow it to
offer corporate U.K. customers one-stop global communications services.

The company, which last month bought Rednet, a U.K. Internet
business-to-business company, said it plans to make additional Internet
acquisitions later this year.

RSL posted losses after items of $358.2 million, or $6.63 a share, for all of
1999. Revenue was $1.47 billion.

RSL's stock was recently trading at 22 1/2, up 1 3/4, or 8.4%, on Nasdaq
volume of 58,900 shares. Average daily volume is 1.2 million shares.

-Consella A. Lee; Dow Jones Newswires; 201-938-5400


(END) DOW JONES NEWS 04-06-00

09:46 AM



To: Bill Lotozo who wrote (135)4/27/2000 8:38:00 AM
From: Rob C.  Respond to of 178
 
LONDON, April 27 /PRNewswire/ -- RSL Communications, Ltd. (Nasdaq: RSLC)
today announced that its United Kingdom subsidiary has been awarded the
contract to supply Sega, one of the world's largest games console
manufacturers and suppliers, with fixed line and mobile telecoms services in
the UK. The contract will run for two years and covers all the telecoms
traffic from Sega's two UK offices as well as Sega's mobile handsets.
Before moving to RSL COM, Sega used multiple telecoms suppliers including
Energis, WorldCom and BT. With RSL COM's ability to offer both fixed line and
mobile telecoms under one umbrella, Sega can realize greater economy, better
efficiency and more control over its telecommunications spending.
"Sega's employees are often on the road visiting clients, so it is
extremely important to have a mobile deal that is tailored to our specific
needs," says Sheila Taylor, Administration and Personnel Manager at Sega UK.
"RSL COM offered Sega the best and most cost effective service because it is
the UK's largest independent mobile service provider with the ability to
select the right tariff from the major network providers that suits Sega
best."
Taylor continues, "Added to this the fixed line package that RSL COM has
offered Sega provides us with extremely competitive prices and excellent
customer service."
"Over the past year RSL COM has focused on offering businesses value added
services that embrace a range of telecommunications solutions," said Matt
Crabtree, Group Sales Director of RSL COM. "This contract with Sega
demonstrates that we continue to give companies the best service and a wide
range of products tailored to their needs."

About RSL COM
RSL Communications, Ltd., is a facilities based communications company
that provides a broad range of data/Internet, voice and value-added product
and service solutions primarily to small and medium sized businesses and
residential customers in selected markets around the globe. Through our
subsidiary, deltathree.com, RSL COM also owns and operates a privately managed
Internet Protocol (IP) telephony network with 46 points of presence in 29
countries around the world.

SOURCE RSL Communications, Ltd.
-0- 04/27/2000
/CONTACT: Ian Duncan, +44-1483-457-300, fax, +44-1483-560-964,
ian.duncan@rsl-europe.com, of RSL COM UK; or Alan Garratt, 212-445-7438,
fax, 212-445-7528, agarratt@rslcom.com of RSL COM Ltd.; or Terri Fellowes or
Jo Brice, +44-171-229-4400, fax, +44-171-727-2025, terri@nelsonbostock.co.uk,
for RSL COM Ltd./
/Web site: rslcom.com
(RSLC)

CO: RSL Communications, Ltd.; Sega
ST: England
IN: CPR TLS ENT
SU: CON

MN
-- NYTH012 --
7375 04/27/2000 08:00 EDT prnewswire.com

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