Chile's Carrier 116 Delivers VoIP Calls Through ITXC; ITXC Expands Footprint in Fast-Growing Latin American Market.Business Editors/Hi-Tech Writers PRINCETON, N.J. & SANTIAGO, Chile--(BUSINESS WIRE)--March 20, 2001 ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd. Corp (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ITXC), the leading provider of worldwide Internet voice services, and Carrier 116, one of Chile's first competitive carriers, today announced that Carrier 116 is using ITXC.net(SM), the largest global network for voice on the Internet, to deliver international phone-to-phone traffic. As one of the first Latin American countries List of American countries Nations:
To reduce or eliminate control. One of the major forces in the financial markets in the 1970s and 1980s was the federal government's decision to deregulate interest rates. , Chile has many carriers who are able to provide telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. services to its more than 15 million residents. Carrier 116 is leading the way by delivering voice on the Internet services to its customers. By connecting its switch to ITXC-owned and operated Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. gateway equipment, co-located at its premises, Carrier 116 now has immediate access to ITXC.net and additional routing options to destinations in 78 countries around the world. The relationship enables ITXC to expand its footprint in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , an important market as evidenced by ITXC's 1999 to 2000 traffic growth of 828% to the region. Originating voice on the Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. from the carrier's premises provides a competitive advantage to both ITXC and its carrier customers by eliminating both the costs and provisioning delays associated with traditional backhaul. The Internet increases the advantage even further by extending ITXC.net closer to the call destination - that is, terminating calls in the central offices of carriers - often just one local loop away from the call's receiver. "Our relationship with ITXC allows us to take advantage of the benefits of Internet telephony without the capital or manpower costs usually associated with a cutting edge technology," stated Michael Alter Michael Alter is an American businessman who is the president of his own company, the Alter Group, which is as of 2005, one of the nation's ten largest commercial real estate developers. In 2005, he became the principal owner and chairman of the WNBA team: the Chicago Sky. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Carrier 116. "We are very pleased to be working with ITXC because, like us, they are dedicated professionals who understand the need for achieving competitive pricing without sacrificing quality." Since 1998, ITXC.net has carried more than one billion minutes of voice traffic. ITXC's proprietary BestValue Routing(TM) technology, which routes calls around Internet congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. , enables the company to offer its customers carrier-grade quality with Internet economics. "By connecting to ITXC.net, Carrier 116 is receiving the benefits of voice on the Internet today while preparing for the inevitable convergence of voice and data on one network. I believe all voice calls will be on the Internet by 2010," said Tom Evslin, Chairman and CEO of ITXC Corp, "We are pleased to see Carrier 116 has taken an early lead and are proud that they named ITXC as their first provider for voice on the Internet services." About Carrier 116: Chilean-based Heilsberg S.A. operates as a carrier in Chile as Carrier 116 for national and international long distance telephone services. Heilsberg also has a license in Peru where it will shortly begin operating as a carrier for national and international long distance telephone services. Heilsberg will have a license in Argentina and will begin operating during Q2 of this year as a carrier for national and international long distance telephone services and is in the process of obtaining a license to begin service in Bolivia in November 2001. About ITXC: ITXC Corp (NASDAQ:ITXC) established and operates ITXC.net(SM), the largest global network for voice on the Internet with 360 points of presence in more than 197 cities and 78 countries. The company is the leading provider of worldwide Internet voice services with more than one billion minutes of use since the inception of ITXC.net in 1998. ITXC's patent-pending BestValue Routing(TM) technology provides such high voice quality over the Internet that tier one carriers use ITXC for worldwide phone-to-phone traffic without indicating that the calls are actually going over the Internet. Customers include major traditional carriers and RBOCs who achieve lower costs for phone-to-phone calls while maintaining carrier quality, Web merchants who increase sales with Push to Talk buttons on websites and email, Internet-based Web-to-phone providers and voice portals An interactive voice response (IVR) front end to a data retrieval system. This does not differ in core technology from traditional IVR; rather, the difference is in the application presented. Where old-style IVR was mostly a routing application (press 1 for sales, 2 for service, etc. , as well as carriers and ISPs providing Web-based call management including Internet call waiting Internet Call Waiting is a technology that allows you to accept incoming calls while connected to a 56k Internet dialup connection. While online, a software application displays users the Caller ID of the incoming call, and gives users the opportunity to screen the incoming . ITXC recently received the World Communication Award for 2000 as the Best Wholesale Carrier (a category which included major traditional carriers as well) and was named the second fastest growing technology company in the US over the last three years by Deloitte & Touche. For more information, see www.itxc.com. Forward looking statements: ITXC may not meet the projections reflected in its forward looking statements due to numerous risks and uncertainties, including, among other factors, the volatile and competitive environment for Internet telephony, changes in domestic and foreign economic, market, and regulatory conditions and other risks detailed in ITXC's reports filed from time to time with the SEC. ITXC is a registered trademark of ITXC Corp. ITXC.net and BestValue Routing are service marks and trademarks of ITXC Corp. All other trademarks mentioned in this document are the property of their respective owners. www.itxc.com |
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