America Online and Sprint Announce New Strategic Relationship to Offer Affordable Long-Distance Service to AOL Members.Business Editors/Hi-Tech Writers KANSAS CITY Kansas City, two adjacent cities of the same name, one (1990 pop. 149,767), seat of Wyandotte co., NE Kansas (inc. 1859), the other (1990 pop. 435,146), Clay, Jackson, and Platte counties, NW Mo. (inc. 1850). , Mo. & DULLES, Va.--(BUSINESS WIRE)--Nov. 27, 2001 Companies to Launch "AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Long Distance Provided By Sprint" - Special Offers For AOL Members Planned, Including Opportunities To Earn Credit Redeemable for AOL Service Sprint (NYSE NYSE See: New York Stock Exchange :FON Fon People of southern Benin and adjacent parts of Togo. They speak a dialect of Gbe, a Kwa language of the Niger-Congo language family. Numbering about 3 million, the Fon are mainly farmers. ) and America Online See AOL. , Inc., the world's leading interactive services company, today announced a new strategic relationship that will offer AOL members a variety of Sprint's affordable long-distance plans, branded "AOL Long Distance provided by Sprint." Members who sign up for one of the plans will have the opportunity to earn credit good toward their AOL service. Under the multi-year, multi-million dollar agreement, Sprint will be the exclusive provider for AOL-branded Long Distance on the AOL service, as part of both companies' continuing efforts to provide customers with value-added services. Sprint's wide selection of long-distance plans will be prominently promoted on the AOL service, as well as in other America Online marketing channels. All AOL members in the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. will have the opportunity to sign up for "AOL Long Distance provided by Sprint." AOL members who sign up for "AOL Long Distance provided by Sprint" will be able to choose from one of Sprint's anytime or international residential long-distance services, including Sprint Nickel Anytime(SM) for only $5.95 per month. New customers will earn credit toward their AOL service, and will be able to receive additional credit on AOL every sixth month thereafter. "By joining forces with America Online, Sprint has created a compelling offer for consumers and given them a valuable reason to stay loyal to Sprint," said Tim Kelly Timothy Patrick Kelly (January 13, 1963 - February 5, 1998) was the guitarist for the band Slaughter. He was tragically killed in an auto accident in 1998. Jeff Blando replaced Kelly's guitar spot in Slaughter in 1998. , president of Sprint's mass markets organization. "Sprint is committed to the consumer marketplace. We're building on our success in creating innovative communications bundles designed to provide consumers unique incentives through AOL service credits to stay with Sprint for the long term. This new relationship gives us the opportunity to efficiently reach millions of consumers who are an ideal fit for our long-distance calling plans." Robert Friedman, America Online's President of Interactive Marketing, said: "This is a strategic relationship that benefits both companies, allowing Sprint to take advantage of America Online's broad reach and proven ability to drive new customers to our partners. Like America Online, Sprint is strongly committed to finding new ways to offer consumers added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
About America Online, Inc. America Online, Inc., is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of AOL Time Warner Inc. Based in Dulles, Virginia Dulles, Virginia is an unincorporated census-designated place located in Loudoun County, Virginia, part of the Washington Metropolitan Area. The headquarters of AOL, Orbital Sciences Corporation and ODIN technologies and the former headquarters of MCI Inc. are located in Dulles. , America Online is the world's leader in interactive services, Web brands, Internet technologies and e-commerce services. About Sprint Sprint is a global communications company serving 23 million business and residential customers in more than 70 countries. With more than 80,000 employees worldwide and $23 billion in annual revenues, Sprint is widely recognized for developing, engineering and deploying state of the art network technologies, including the United States' first nationwide all-digital, fiber-optic network. Sprint's award-winning Tier 1 Internet backbone is being extended to key global markets to provide customers with a broad portfolio of scalable IP products. Sprint's high-capacity, high-speed network gives customers fast, dependable, non-stop access to the vast majority of the world's Internet content. Sprint also operates the largest 100-percent digital, nationwide PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities. |
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