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

To: Jack Sman who wrote (32116)	4/14/1998 4:55:00 PM
From: Woody	Read Replies (7) \| Respond to of 41046

FYI LDNet Inc. and Franklin - Woody Monday April 13 6:33 PM ET Net Phone Company To Offer Flat Rate A start-up Internet telephone company called LDNet Inc. expects to launch May 1 with a $19.95 per month flat-rate, long-distance calling plan. The Cleveland-based company will offer business and consumer phone-to-phone service among Akron, Cleveland and Columbus, Ohio; Baltimore; Chicago; Detroit; New York; St. Louis; and Washington, D.C. "We're not looking at this as long-distance. We're looking at it as IP [Internet Protocol]-based telephone," said Mitchell Marx, sales manager at LDNet. The plan allows for 100 telephone calls of any duration within a 30-day period. Calls made beyond the limit will cost 25 cents each. Marx said his pricing model averages 4.9 cents per minute for transmission within the Net. Calls bound for areas outside its IP network will cost 6.9 cents per minute. Seven-employee LDNet is negotiating call termination with other Internet telephone carriers, such as Qwest Communications International Inc., to expand the number of available destinations. LDNet is using IP gateways manufactured by Franklin Telecom Corp. on a backbone operated by Megsinet Inc. "I would certainly expect this to be something we'll see more of," said Hilary Mine, director of Internet research at Probe Research Inc. LDNet can be reached at www.ldnet.com Megsinet can be reached at www.megsinet.com