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Microcap & Penny Stocks : DGIV -- Good Prospects? -- Ignore unavailable to you. Want to Upgrade?


To: Sly_ who wrote (3359)4/10/1998 10:00:00 PM
From: Michael Ulysses  Read Replies (1) | Respond to of 7703
 
Thanks Sly. Here is a portion of the news article.
Expect those VoIP companies to gain a lot of positive attention on Monday.
Mr.Chin, this is a good timing for the news release.

FCC says phone, Internet distinct
Agency rejects fees for Net telephone calls - for now
By David Bowermaster
MSNBC

April 10 - The Federal Communications
Commission on Friday re-affirmed its position
that Internet service providers are not the same
as telecommunications carriers and thus should
not be subject to phone industry regulations. The
FCC also said Internet phone calls should not be
subject to long-distance access charges, but
added that further study is needed to determine
if the exemption is justified.



To: Sly_ who wrote (3359)4/10/1998 11:19:00 PM
From: LT  Respond to of 7703
 
That FCC statement is very watered down compared to their earlier one. I am guessing they got "reminded" of President Clinton's promise not to tax the internet at this time. A position fairly well supported in congress also.

LT



To: Sly_ who wrote (3359)4/11/1998 7:35:00 AM
From: RocketMan  Read Replies (1) | Respond to of 7703
 
Latest FCC announcement: FCC Plans a Case-by-Case Approach

Check out

washingtonpost.com

It looks to me like this might be bad news for IDTC and Qwest (specifically mentioned in the article), but good news for DGIV. That is because companies doing calls within the US may get charged a nickel per call at each end. That hurts national calls, but a nickel is nothing for an overseas call. So it seems that companies working the international market will benefit two ways: from lower fees, and from those coming over from the national companies. Unless there are fees charged by the overseas carriers through the FCC. Anyone know?

Excerpts:

"Federal telephone regulators said yesterday that they plan, on a case-by-case basis, to force companies offering long-distance service on the Internet to pay fees to local phone companies whose wires carry the beginning and end of the calls. Such fees could force discount phone services using the Internet to as much as double the rates they charge consumers."

"Typically, long-distance carriers pay local phone companies fees of 5 cents per minute to begin and end phone calls on local telephone networks"

"Such companies include IDT Corp., Qwest Communications Inc. and even AT&T Corp., which next week plans to offer an Internet phone service on a trial basis in selected cities"

"The FCC likely will get its first complaint soon. Officials at BellSouth Corp., a large local telephone company, said it will immediately begin charging access fees to companies that use its network and advertise Internet phone service"