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 : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!! -- Ignore unavailable to you. Want to Upgrade?

To: bullmarket who wrote (21796)	8/15/1998 11:16:00 AM
From: Secret_Agent_Man	Respond to of 50264

GET a LOAD of THIS from IDTC IDT Unit Cuts Intl Rates Up To 60% To Most Called Nations Dow Jones Newswires August 13, 1998 HACKENSACK, N.J. -- IDT Corp.'s (IDTC) Net2Phone will cut rates on its personal computer-to-phone service to 10 cents a minute to most of Western Europe. IDT is also cutting international rates by up to 60% to the 25 most frequently called countries, which, according to the company, represent an average 70% discount off traditional telecommunications pricing. In a press release Thursday, IDT said the company is achieving the cost cuts by terminating more calls through recently installed local gateways and improving voice compression techniques, enabling more voice to travel using less bandwidth. The company is also achieving these cost cuts through general telecommunications deregulation and by using IDT's current telecom network expansion. The company doesn't expect these reduced rates to impact profit margins on these routes and is passing on efficiencies and reduced costs to customers. IDT is an emerging international carrier.