SOUTHNET CORPORATION RECEIVES THREE-YEAR CONTRACT
SOUTHNET CORPORATION RECEIVES THREE-YEAR CONTRACT TAMPA, Fla., Nov. 6 /PRNewswire/ -- Southnet Corporation
(OTC, PHLX: SN) announced today that it has received a three-year contract for operator services from Tec LD of Daleville, Ala.
The contract calls for Tec LD to begin routing its operator long distance to Southnet for handling, completion and billing. Tec LD has guaranteed a minimum of 2,000 calls per day to Southnet. The company will realize a $3.8 million increase in annual revenues as a result of this traffic, which represents a doubling of Southnet's revenue base. Southnet and Tec LD have agreed to work together to begin an expansion of Southnet's network facilities and switching system architecture toward full national coverage. Southnet Corporation, headquartered in Tampa, is a long distance telecommunications firm specializing in providing enhanced operator services to the hotel, hospital and pay telephone industries. The company's stock is publicly traded on the OTC and the Philadelphia Exchange under the symbol "SN." -0- 11/6/91 /CONTACT: Robert Zradicka of Southnet Corporation, 813-287-2880/ CO: Southnet Corporation ST: Florida IN: TLS SU: CON BR-BN -- AT007 -- 1742 11/06/91 12:56 EST
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|Date:||Nov 6, 1991|
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