To: pat mudge who wrote (6650 ) 8/12/1998 7:59:00 AM From: EdR Respond to of 8545
Pat - Just in case this wasn't posted. It was on the front page of My Web Crawler: Wednesday, August 12 7:03 AM ET PALO ALTO, Calif. (BUSINESS WIRE) - A new three-volume set of analyses from Killen & Associates forecasts that US telecommunications service providers, including AT&T, Ameritech, BellSouth, GTE, Sprint, and Worldcom, will save $180 million from EBPP in the year 2000. By 2005, this savings will approach $750 million. In addition, telcos are well positioned to reap other benefits from EBPP. "Telcos will benefit from EBPP in several important ways," said Bob Goodwin, senior vice president of the research firm. "Internally, they can save up to 60% of what they spend on each paper-based bill they mail. Aggressive telcos can parlay their billing expertise to become providers of electronic billing services to other companies, including companies in other industries. Finally, as more billing data is electronically transmitted, rather than mailed, telcos will benefit from increased traffic over their networks." "Electronic Bill Presentment and Payments Markets: Strategic Impact of Integrion, Microsoft, and the Internet Portal Companies" also states that EBPP fosters a deeper relationship with customers. Once an electronic relationship is established, telcos will find many new opportunities to cross-sell other products. Loans and software, for example, can both be sold more easily once credit and payment information are electronically integrated with bill presentment functions. For additional information, visit Killen & Associates' Web site, killen.com . Press contact: Bob Goodwin, tel 650/617-6130 Ed...