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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?


To: Moonray who wrote (12638)2/10/1998 3:50:00 PM
From: Scrapps  Respond to of 22053
 
3Com will receive a sizeable chunk of the $500 million, said USA Global spokesman Mark Petrick.
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USA Global in deal with 3Com
Tuesday, February 10, 1998 11:36 AM

FAIRFIELD, Iowa, Feb 10 (Reuters) - USA Global Link Inc, an international discount telecommunications service provider, said Tuesday it had signed a letter of intent for 3Com Corp (Nasdaq:COMS) to supply network infrastructure for USA Global's $1.2 billion worldwide Internet telephony system, Global InterNetwork.

USA Global said its investment for this phase of the Global InterNetwork deployment will exceed $500 million.

3Com will receive a sizeable chunk of the $500 million, said USA Global spokesman Mark Petrick.

3Com is the premier manufacturer of carrier-class multi-service access platforms and VOIP-access solutions.