U.S. LONG DISTANCE AND MCI SIGN $12.6 MILLION TELECOM CONTRACT AGREEMENT TO PROVIDE CUSTOMER SAVINGS FOR OPERATOR SERVICES
U.S. LONG DISTANCE AND MCI SIGN $12.6 MILLION TELECOM CONTRACT
AGREEMENT TO PROVIDE CUSTOMER SAVINGS FOR OPERATOR SERVICES
SAN ANTONIO, Texas, Nov. 12 /PRNewswire/ -- U.S. Long Distance Corporation (OTC: USLD), provider of 1+ long distance, operator, and billing and collection services, and MCI Communications Corporation (NASDAQ-NMS: MCIC) announced today the signing of a $12.6 million contract in which MCI will be the supplier of telecommunications services to USLD's operation which spans 37 states.
USLD, an MCI customer for two years, is extending and expanding its agreement for MCI Prism 1, a volume outbound product, MCI 800 service, MCI International and credit card services.
"Our three-year agreement with MCI should be seen as a vote of confidence and customer satisfaction," said Larry James, president of U.S. Long Distance Corp. "Since we first entered the U.S. telecommunications market four years ago, USLD has become a premier full service company," James added. "In large part, our success is the result of MCI's success in providing superior products and a robust network."
"This agreement represents the creation of a strong, long-term alliance between MCI and USLD," said Robert Goldsmith, MCI vice president of national accounts. "MCI looks forward to providing quality, cost-effective services to USLD and, in turn, to USLD customers."
USLD, based in San Antonio, is today the second-largest telecommunications billing and collection clearinghouse in the United States and is counted among the 10 national players in the 130 participant independent operator service provider market.
Through its subscriber base of more than 55,000 hotel rooms, 6,000 pay phones and 9,000 hospital beds, USLD is processing about 3.2 million minutes of operator-assisted calls per month.
Washington, D.C.-based MCI Communications Corporation, with 1990 revenue of approximately $7.7 billion, is the nation's second- largest long distance provider. MCI supplies a full range of voice and data telecommunications services to business and residential customers, and government agencies.
/CONTACT: Paul Sims of MCI Southern Division, 800-947-0307/
(MCIC USLD) CO: MCI Communications Corporation; U.S. Long Distance Corporation ST: Georgia, Texas IN: TLS SU: CON BR-BN -- AT005 -- 3345 11/12/91 09:54 EST