Sprint to Trial Net2Phone Services
For International Calling Sprint CallternativesSM
to utilize Net2Phone's voice over IP technology
Hackensack, NJ, August 25, 1999 --- Net2Phone, Inc. (NASDAQ: NTOP)
today announced that Sprint (NYSE: FON) will trial Net2Phone's Voice
over IP technology and international network for international consumer
long distance calls to Asia. The service, called Sprint CallternativesSM,
will originate, carry and terminate consumer long distance calls
to Hong Kong, China, Taiwan, Vietnam, India, Thailand, and Japan.
"We're very excited to work with Sprint on these Internet telephony
solutions," said Clifford Sobel, Chairman of Net2Phone. "We expect
Sprint Callternatives to be a very successful campaign and hope
to continue the relationship with Sprint after this market trial
As part of the trial, Net2Phone will be creating a dedicated customer
service operation, 24 hours per day 7 days a week, to assist customer
inquiries in three languages; Mandarin, Cantonese and Korean. In
addition, Net2Phone's advanced billing technology will allow Sprint
Callternatives customers to view their telephone accounts in real
time from the Net2Phone web site (www.net2phone.com).
This trial with Sprint enables Net2Phone to expand its IP services
to more countries around the world. By creating a worldwide IP telephony
network, Net2Phone is able to capitalize on deregulating markets
and begin offering more low-cost and value-added services in countries
that become open to competition.
Sprint is a global communications company - at the forefront of
integrating long- distance, local and wireless communications services,
and one of the largest carriers of Internet traffic. Sprint built
and operates the United States' first nationwide all-digital, fiber-optic
network and is a leader in advanced data communications services.
Sprint has $17 billion in annual revenues and serves more than 20
million businesses and residential customers.
Net2Phone is a leading provider of voice-enhanced Internet communications
services to individuals and businesses worldwide. Net2Phone enables
people to place low-cost high quality calls from their computer,
telephone, or fax machine to any telephone or fax machine in the
world. Net2Phone develops and markets technology and services for
IP voice and e-commerce solutions for the web and other IP networks.
For more information about Net2Phone's products and services, please
Except for historical information, all of the expectations and
assumptions contained in the foregoing are forward-looking statements
involving risks and uncertainties. Important factors that could
cause actual results to differ materially from such forward-looking
statements, include, but are not limited to, the competitive environment
for Internet telephony, changes of rates of all related telco rates
and services, legislation that may affect the Internet telephony
industry, Net2Phone's ability to operate the services described
on a large scale commercial level. For additional information regarding
these and other risks associated with the company's business refer
to the company's filings with the SEC.
Vice President, Corporate Communications