To: Kenneth E. Phillipps who wrote (1272 ) 9/9/1998 10:39:00 PM From: Frank A. Coluccio Read Replies (1) | Respond to of 3178
[[Ken, here's the version from the ITXC web site:itxc.com Now, this is what I call a co-location deal! Physical, virtual, or otherwise. Regards, Frank Coluccio]] =============== Bell Atlantic and ITXC in First Ever Agreement for RBOC to Terminate Internet Calls on IP Gateways Operator of Largest Internet Telephony Footprint Arranges for Carrier-Class Termination on the US East Coast For immediate release - Princeton, NJ, September 9, 1998 - A precedent-setting agreement with ITXC Corp, the leading wholesaler of IP telephony, marks Bell Atlantic's entry into Internet telephony. The result of the agreement between ITXC and Bell Atlantic is that traffic originated by ITXC affiliates worldwide will benefit from carrier class termination on the East Coast of the United States. Although most calls to the East Coast travel the last mile on Bell Atlantic's network already, up until now RBOCs have only accepted calls in traditional circuit-switch format. Under this agreement Bell Atlantic will accept calls from ITXC in IP format (IP is the protocol used by the Internet) and so will become an Internet telephony service provider (ITSP) itself and a nonexclusive affiliate of ITXC's WWeXchange Service. Hilary Mine, Executive Vice President of Probe Research in New Jersey comments that "This agreement is a major coup for ITXC Corp, and indicates real vision on the part of Bell Atlantic. As one of the largest local carriers in the US, with more than 40 million access lines to homes and businesses throughout the East Coast, Bell Atlantic is in an excellent position to generate revenues from IP call terminations. While other RBOCs threaten IP telephony service providers with illegal access charges, Bell Atlantic has recognized that threats are also opportunities." "For its part," according to Mine, "ITXC gains tremendous validation as well as earning power from the agreement. ITXC-carried IP calls from all over the world will be fed into Bell Atlantic's huge local network by the carrier itself. The termination agreement with ITXC for IP traffic is very much like the agreements Bell Atlantic already has to terminate circuit-switched traffic from traditional long distance carriers like AT&T and MCI." "Bell Atlantic is very pleased to inaugurate IP telephony service by terminating traffic for ITXC, "said Tom Caldwell, vice president of marketing for Bell Atlantic Carrier Services. "They have built an extensive footprint for IP telephony, have well-defined quality standards, and understand what it means to be a carrier." "It is very important to our reseller customers who are international carriers, call-back companies, prepaid calling card companies and ISPs to be able to offer their subscribers not only low prices but good quality voice connections from anywhere in the world to anywhere," said Tom Evslin Chairman and CEO of ITXC Corp. This agreement with a premier provider like Bell Atlantic greatly enhances our ability to deliver on this requirement." How It Works Internet callers served by ITXC affiliates around the world place their calls on standard telephones. These calls are routed by prepaid calling card companies, call-back companies, and other resellers to special computers called "gateways" which convert the calls from circuit-switched form to IP - the protocol of the Internet. The gateway operator hands the calls off to ITXC for delivery to their destination ITXC's WWeXchange Service routes some calls over the public Internet or over a private data network to Bell Atlantic, for termination in its territory. Terminating gateways operated by the RBOC then translate the calls back into traditional voice format and complete them over the Bell Atlantic local network. Bell Atlantic, as an affiliate in the ITXC WWeXchange Service, is paid to terminate calls routed to it by ITXC just as it is paid to terminate traditional long distance and international calls by traditional carriers. From the standpoint of the companies which originate these calls, ITXC makes it possible for them to terminate calls worldwide without having to make their own agreements with each terminating organization. From the standpoint of a call terminator like Bell Atlantic, ITXC brings traffic from all over the world without the need for Bell Atlantic to negotiate bilateral arrangements or check the credit of each company originating calls About ITXC Corp: ITXC is a wholesale provider of services to companies originating and termination Internet telephony calls. Its WWeXchange Service provides wholesale call completion to any phone in the world using a combination of Internet telephony and traditional PSTN. Its customers are prepaid calling card companies, call back companies, traditional telephone companies, ISPs and newly formed Internet telephony service providers (ITSPs) - all of who muse Internet telephony to reduce the cost of international calling. The company, which began revenue operation in April of 1998, now operates the most extensive wholesale network of affiliated Internet telephony gateways in the world. ITXC was founded by Tom Evslin in 1997 with initial seed funding from AT&Tand VocalTec. ITXC recently closed a $15 million dollar round of ventureand debt equity funding. Investors include Intel, Chase Capital Partners,Spectrum Equity Investors, VocalTec Communications, Flatiron Partners, and Polaris Ltd. The company's banking partner is PNC Venture Bank. Contacts: Mary Evslin VP of Marketing & Customer Success ITXC Corp Phone: +1 (609) 419-1500 mevslin@itxc.com www.itxc.com