MCI and Sprint pitch 800 service to households
Article Abstract:
There is a new service for residential telephone customers: 800 numbers for households. MCI Communications Corp offers, starting Oct 15, 1990, a 'Personal 800' service, which allows customers to set up an 800 number to receive long-distance calls at their homes. US Sprint Communications Corp introduced a similar service earlier in Oct 1990, and analysts believe AT&T, too, will enter this market. The service targets parents with children at college, people with large families scattered in various parts of the country and small businesses. Companies price services differently: Sprint bills customers $10 a month and applies normal long-distance charges to calls that a customer receives (a $50 installation fee will be waived during the first three months); and MCI offers options that depend on services that a customer wants and times the services are used.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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MCI unveils plan to give small business long-distance service used by big firms
Article Abstract:
MCI Communications Corp announces a new long-distance telecommunications service for small and medium-size businesses. MCI Vision is the telephone company's attempt to win over businesses that spend approximately $500 to $50,000 monthly on telephone service. The MCI Vision package includes flat-rate service, volume discounts, complete itemized billing, calling cards and other features. MCI is trying to increase its share of the $18 billion smaller-business market for long-distance telephone services, of which it currently has about 15 percent. AT&T, by contrast, has about 50 percent of this lucrative portion the of business communications market. MCI plans a major advertising campaign for this new service.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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MCI speeds conversion to digital
Article Abstract:
MCI Communications Corp announces it will speed up the conversion of its long-distance telephone network to all-digital transmissions by the end of 1991. Currently MCI uses digital equipment on 70 percent of its calls, while US Sprint and AT and T use digital equipment nearly exclusively. Analysts say the move is motivated by marketing needs. They say MCI needs to be able to claim 100 percent digital capabilities to remain competitive. The cost of making the conversion will be charged against the firm's 3rd qtr 1990 earnings, and will amount to $500 million to $550 million. On Aug 21, 1990, MCI stock closes down $1.125, finishing the day at $33.625 on the news.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1990
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