Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: EdH who wrote (34348)	6/2/1998 8:03:00 AM
From: wombat	Read Replies (4) \| Respond to of 41046

This could be interesting... Sprint aims to ease Net congestion By Mike Ricciuti Staff Writer, CNET NEWS.COM June 2, 1998, 4:20 a.m. PT NEW YORK -- Sprint, the nation's third largest long distance telephone company, is expected to outline plans today to redesign its telephone networks to become more efficient in providing voice and Net data traffic. Sprint will hold a news conference ÿÿLIVE stock quoteÿÿDelayed 20 minutesÿÿSprint Corp.ÿÿFON71.9375+0.09%ÿÿFor more details, go to NEWS.COM Investor.ÿ at 11:00 EDT in New York City. In a prepared statement issued yesterday, Sprint said it will demonstrate "a revolutionary capability that will change the way businesses and homes use telecommunications." But Sprint declined to provide details. The Wall Street Journal reported that Sprint will announce FastBreak, a radical network redesign intended to make the company's telecommunications equipment and services more cost-efficient, particularly for Internet traffic. Sprint has spent $2 billion in the past few years quietly pursuing the FastBreak project, according to the Journal. The system would measure and bill for telephone service based not on the number of minutes a person spends on the phone but on the number of digital bits the customer transmits in a given month, according to the Journal Usage would be measured by a little box that acts like an electric meter and is placed in a home or office. While many telecommunications companies promote themselves as a "one stop shop," few have been able to offer customers a seamless way to get all services through one customer service contact and on one bill. Sprint may gain an edge over its rivals since its sophisticated billing system could better coordinate customer bills for a wide variety of services, offered by it and any potential partners. Sprint has a small presence in the local phone business, serving mostly rural and suburban markets. The new strategy could move the company into larger markets and intensify its competition against the Baby Bells, analysts said. Last week Sprint finalized plans to take management and ownership control of Sprint PCS, its wireless joint venture with three cable companies.