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

To: vic klimpl who wrote (35150)	6/23/1998 12:56:00 PM
From: elk	Read Replies (1) \| Respond to of 41046

Reuters Picked up the News: biz.yahoo.com

To: vic klimpl who wrote (35150)	6/23/1998 9:23:00 PM
From: Ray Burke	Respond to of 41046

Any one looking for a Date!? 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.(using IP gateways manufactured by Franklin Telecom Corp) May 19, 1998 -- Franklin Telecom (OTC: FTEL) today announced the addition of a Billing & Authorization Server to its Tempest(tm) IP Telephony System. FNet Corp Plans 12 On-Net Cities by Summer, 50 Worldwide by Year-End will provide Internet telephone service through 12 domestic and international points of presence (POP) beginning in July and that it plans to have 50 on-net cities up and running by the end of the year. By this summer, Magruder said FNet will deploy eight domestic POP's utilizing a previously announced strategy to collocate its Internet telephone network in selected WorldCom cities At the same time, FNet will build four international POP's Thursday June 11, Franklin Announces Key Executive Appointments At Its Next Generation Telephone Company Kuykendall tapped as FNet COO; Smith named controller; Serna appointed general counsel of operating unit and parent company NATO Network in Bosnia ---FNet will assume operational responsibility on July 1 FNet has announced plans to deploy its network, which utilizes both voice over IP and traditional off-net switching capability, in at least 50 countries within 24 months, including 50 on-net cities up and running by the end of this year. growing the FNet network in a variety of ways so that by the end of the year, we'll be adding approximately ten countries a month to the next generation telephone company we're building target date to debut the FNet/LibertyOne service in New Zealand is this August (first stage of this deployment will focus on international service) Australian service scheduled to kick off in September. plans call for several nodes to be complete and ready for national traffic within New Zealand during the first quarter of 1999 Magruder confirmed that FNet plans to deploy its network, which utilizes both voice over IP and traditional off-net switching capability, in at least 50 countries within twenty-four months, including 50 on-net cities up and running by the end of this year. Negotiations are underway in New Zealand to obtain a full FNet interconnection agreement with Telecom New Zealand, the equivalent of US 1+ access. June 23, 1998 -- In an executive appointment designed to accelerate its plan to become a global leader in telecommunications and Internet products and services, Franklin Telecom (OTC: FTEL) today named industry veteran Peter Buswell as the Company's President and Chief Operating Officer. "Peter is a key addition to Franklin's executive team," said Frank W. Peters, Chairman and Chief Executive Officer. "Having served on our board of directors since 1996, he not only envisions the specific opportunities for our technology, he understands how to translate that technology into marketable products and services." With Peter's help we should be solidly on schedule, and hitting our goals within the year." We are dubbing this season of '98 "FNet Rollout Summer". Our deployment is underway; the promised revenue streams are right on schedule for July. By the end of the year, we intend to be adding several countries per month to our FNet network. Within the next twelve months, that pace will increase. Nasdaq has informed us that our Company has been conditionally approved for inclusion into the Nasdaq SmallCap Market. The listing is subject to the Company maintaining a minimum $4.00 per share closing bid price requirement for at least ten consecutive trading days on or before September 2, 1998. If I remember right the original schedule as per McGruder was for them to be up and running using the 8 foreign POPs and 4 homegrown ones by next month, and, as per Helen, they're on schedule. #reply-34549 FNet initially will target such regions as Central America, South America, Australia and New Zealand. The company expects to have between eight and 12 gateways installed by Labor Day, and 50 by the end of the year." #reply-34970 Anyone remember any posts referencing the first of July? TIA Ray