ESPRIT TELECOM ENTERS INTO GERMAN INTERCONNECTION AGREEMENT WITH DEUTSCHE TELEKOM.READING, UK--(BUSINESS WIRE)--Nov. 18, 1997--Esprit Telecom Group plc (Nasdaq:ESPRY) (Easdaq:ESPR ESPR European Society of Paediatric Radiology ESPR Espressivo (music) ESPR Ethnicity and Social Policy Research Unit (University of Bradford) ESPR European Society of Paediatric Research ), one of Europe's leading independent telecommunications companies See telecom company. , announced today that its German subsidiary, Esprit Telecom Deutschland GmbH, signed an interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. agreement with Deutsche Telekom Deutsche Telekom AG (ISIN: DE0005557508, FWB: DTE, NYSE: DT, LSE: DEU, TYO: 9496 ) (abbreviated DTAG) is a telecommunications company headquartered in Bonn, Germany. It is the largest telecommunications company in Germany and in the EU. . The contract, which takes effect on January 1, sets out the rules and prices by which Esprit Telecom will link its pan-European telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. , which has direct connections in 19 cities in eight countries, with Deutsche Telekom's national German network. Esprit Telecom has been offering limited services to German businesses for several months. But until now, the company has been prevented from fairly competing in Germany because of the lack of a cost based interconnection regime. Esprit Telecom has already announced that national telephone, fax, and some data services will be offered from January 1998. Esprit Telecom Group plc, a Nasdaq and Easdaq quoted company trading under the symbols "ESPRY" and "ESPR" respectively, is one of the largest independent telecommunications service providers A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. in Europe. Founded in 1991, Esprit has built a state of the art digital fiber optic network extending to 19 major cities in the United Kingdom, the Netherlands, Spain, France, Germany, Belgium, Italy and Ireland. Esprit Telecom specialises in providing high quality, low cost, customised international and national long distance services that meet the specific needs of small, medium, and large businesses. Esprit Telecom counts leading financial institutions, hotels, travel service organisations, transport companies, and government organisations amongst its many customers. CONTACT: Esprit Telecom Glenn Manoff, 44 (0)118 951 4000 |
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