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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Rick who wrote (29753)	3/8/1998 10:30:00 PM
From: Secret_Agent_Man	Read Replies (1) \| Respond to of 41046

FRANKFURT--Deutsche Telekom is planning to commit billions of dollars to Internet telephony in an effort to fend off AT&T, according to a report today. The management board has reportedly recommended investment of more than $18 billion in available technology that allows telephone connections to be routed over the Internet. An advance copy of a report to be published in the news magazine Focus tomorrow said Telekom would invest in technology being developed in the United States, Japan, and Hong Kong this year. One reason for the rush is that AT&T is planning to offer an Internet telephony service in the next few months. This offer means that every telephone call--whether to Berlin or Australia--would cost several cents per minute, the magazine said. Regulation of Internet telephony has eluded governments worldwide thus far. In January, the European Commission said phone calls over the Internet are not yet sophisticated enough to fall under European Union rules on voice telephone. But once technology improves, the commission added, Internet service providers could be subject to the same licensing and public service obligations as competing phone companies. The U.S. government has made no such indication for American companies.