Printer Friendly

IDB COMMUNICATIONS GROUP AND CODETEL SIGN AGREEMENT FOR INTERNATIONAL TELEPHONE SERVICE

 NEW YORK, Sept. 23 /PRNewswire/ -- IDB Communications Group Inc. (NASDAQ: IDBX) announced today that the company's private line and international long distance telephone unit, IDB WORLDCOM, has signed an operating agreement with CODETEL, Compania Dominicana De Telefonos C. Por A., of the Dominican Republic, a wholly owned subsidiary of GTE (NYSE: GTE).
 IDB WORLDCOM's agreement with CODETEL, signed by Steve Carroll, president of IDB WORLDCOM and Lawrence Vierra, vice president of marketing and international service for CODETEL, enables IDB WORLDCOM to provide international public-switched service to and from the Dominican Republic.
 "The Dominican Republic represents one of the largest volumes of phone traffic to the U.S.," said Carroll. "By utilizing the facilities and expertise of IDB WORLDCOM and CODETEL, our customers will enjoy enhanced communications capabilities between the two countries."
 "As a New York-based company, IDB will be able to provide a cost- effective, high-quality telephone service to over one million Dominicans living in the New York metro area," said Vierra.
 Operating a diverse network of fiber optic submarine cable and transmission services, IDB WORLDCOM provides numerous routing options to virtually every region in the world, with operating agreements with over 100 countries.
 IDB Communications Group Inc. is a global telecommunications company that operates a domestic and international communications network providing its customers with radio and television transmission services, international private line and long distance telephone services, facsimile and data connections, mobile satellite communications capabilities and the design and integration of satellite networks worldwide.
 -0- 9/23/93
 /CONTACT: Kim Dewling of IDB, 212-478-6185; or Ken Dennard of Morgen-Walke, 415-296-7383, for IDB/
 (IDBX GTE)


CO: IDB Communications Group Inc.; Compania Dominicana De Telefonos C.
 Por A.; GTE Corp. ST: California IN: TLS SU:


PK-TM -- SF004 -- 4997 09/23/93 06:31 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 23, 1993
Words:293
Previous Article:MAGMA POWER CO. SIGNS AGREEMENT TO BUILD AND OPERATE 231 MW GEOTHERMAL POWER PLANT IN THE PHILIPPINES
Next Article:CF BANCORP, INC. DECLARES DIVIDEND
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters