FRANKLIN TO SPIN OFF FNET.Byline: Deborah Adamson Daily News Staff Writer Hoping to hone its expertise of the 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. market, Franklin Telecom said Monday it is spinning off its FNet Corp. subsidiary. Franklin, a maker of hardware and software that link personal computers, bank ATMs and point-of-sale equipment, said it's in the company's best interest to split. The company said that FNet, an Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. that is entering the Internet telephony market, will be better served by a management team that focuses on its specialty. ``It needs a different type of expertise,'' said Diane McCarthy, director of marketing for Franklin Telecom. McCarthy said FNet started aggressively marketing its Internet telephony product in February. Using Franklin Telecom's Tempest Data Voice Gateways product, FNet can provide person-to-person telephone calls via the Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the or a company's own internal network. FNet's first push is toward the corporate market, where employees in offices worldwide place many long-distance calls. In July, FNet plans to market prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay  ment n. phone cards for the consumer
market.
The Internet telephony market is about 1 year old, said Bruce Bruce, Scottish royal family descended from an 11th-century Norman duke, Robert de Brus. He aided William I in his conquest of England (1066) and was given lands in England. Carlsmith, an analyst for NationsBanc Montgomery Securities in San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . The industry holds ``huge promise'' since it lowers the cost of long-distance calls by dodging access charges clients pay to phone companies, he said. Savings may amount to 4 cents out of every 12 cents paid to the phone companies. ``It's getting a lot of interest from corporations,'' Carlsmith said. There are about 25 small players, such as FNet, and 10 large players, like Cisco, are competing for the business and technological edge, Carlsmith said. |
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