Barak Launches Competing International Service in Israel



Jul 07, 1997, 01:00 ET from Sprint

    TEL AVIV, July 7 /PRNewswire/ -- Barak, the international
 telecommunications operator owned by Sprint (NYSE:   FON), Deutsche Telekom,
 France Telecom and the Israeli companies Clalcom Ltd. and Matav, launched
 service today.  For the first time ever, Israeli consumers have a choice of
 carriers and lower prices for international calling.
     Barak will compete with the incumbent international operator, Bezeq
 International, as well as a second alternative carrier to provide Israeli
 customers with cost-efficient, high-performance worldwide phone service.
     Barak will offer the Israeli public direct-dial service to all
 international destinations at prices well below those previously available.
 In addition, Barak will offer international operator services, international
 toll free service and a variety of prepaid and calling cards.  For the
 business sector, which accounts for 55 percent of Israel's international
 traffic, Barak will offer full voice and data solutions based on the
 technology and experience available to it through a unique and exclusive
 relationship with Global One.
     "We will work hard to become the international carrier of choice of most
 Israelis," said Avi Patir, president and CEO of Barak.
     Sprint, Deutsche Telekom and France Telecom together represent $78 billion
 in annual revenues.  Barak represents the first time the companies -- owners
 of the international telecommunications company Global One -- have combined
 assets to jointly pursue an international operating license.  The inauguration
 of Barak's service, which will establish a new international
 telecommunications gateway interconnected to Global One's network, highlights
 the ongoing Deutsche Telekom, France Telecom and Sprint strategy to create the
 premier provider of global, seamless voice and data services for businesses,
 consumers and other telecommunications carriers worldwide.
     The companies collectively own 46 percent of Barak, with Sprint holding a
 25 percent stake and Deutsche Telekom and France Telecom holding 10.5 percent
 each.  Clalcom owns 44 percent and Matav, 10 percent.
     Also today, Global One announced an exclusive agreement with Barak to
 provide international voice, data and multimedia products and services. Global
 One has more than 1,200 points of presence in more than 65 countries.
     Sprint is a global communications company -- at the forefront in
 integrating long distance, local and wireless communications services, and the
 world's largest carrier of Internet traffic.  Sprint built and operates the
 United States' only nationwide all-digital, fiber-optic network and is the
 leader in advanced data communications services.  Sprint has $14 billion in
 annual revenues and serves more than 16 million business and residential
 customers.
     Deutsche Telekom, with a turnover of DM 63.1 billion in 1996, is Europe's
 largest telecommunications company and the third largest carrier worldwide.
 Offering a complete range of products and services in Germany, Deutsche
 Telekom leads in mobile radio services, has an extensive cable television
 network connected to over 17 million homes, about 6.3 million ISDN channels.
 Deutsche Telekom has 1.6 million customers on its online service T-Online,
 with over 1.2 million customers using T-Online to access the Internet, making
 Deutsche Telekom the largest Internet provider in Europe.
     France Telecom is the world's fourth-largest telecommunications carrier,
 with 1996 consolidated operating revenues of $26 billion and 33 million
 telephone lines in service.  In addition to local and long-distance telephony,
 France Telecom provides businesses and consumers with data, wireless, online,
 Internet, cable-TV and value-added services.  France Telecom has the world's
 first fully digital fiber-optic network with 1.3 million  kilometers.  Its
 world's first commercial online service, Minitel, today features more than
 25,000 services and receives more than 1 billion calls per year.
 
 

SOURCE Sprint
    TEL AVIV, July 7 /PRNewswire/ -- Barak, the international
 telecommunications operator owned by Sprint (NYSE:   FON), Deutsche Telekom,
 France Telecom and the Israeli companies Clalcom Ltd. and Matav, launched
 service today.  For the first time ever, Israeli consumers have a choice of
 carriers and lower prices for international calling.
     Barak will compete with the incumbent international operator, Bezeq
 International, as well as a second alternative carrier to provide Israeli
 customers with cost-efficient, high-performance worldwide phone service.
     Barak will offer the Israeli public direct-dial service to all
 international destinations at prices well below those previously available.
 In addition, Barak will offer international operator services, international
 toll free service and a variety of prepaid and calling cards.  For the
 business sector, which accounts for 55 percent of Israel's international
 traffic, Barak will offer full voice and data solutions based on the
 technology and experience available to it through a unique and exclusive
 relationship with Global One.
     "We will work hard to become the international carrier of choice of most
 Israelis," said Avi Patir, president and CEO of Barak.
     Sprint, Deutsche Telekom and France Telecom together represent $78 billion
 in annual revenues.  Barak represents the first time the companies -- owners
 of the international telecommunications company Global One -- have combined
 assets to jointly pursue an international operating license.  The inauguration
 of Barak's service, which will establish a new international
 telecommunications gateway interconnected to Global One's network, highlights
 the ongoing Deutsche Telekom, France Telecom and Sprint strategy to create the
 premier provider of global, seamless voice and data services for businesses,
 consumers and other telecommunications carriers worldwide.
     The companies collectively own 46 percent of Barak, with Sprint holding a
 25 percent stake and Deutsche Telekom and France Telecom holding 10.5 percent
 each.  Clalcom owns 44 percent and Matav, 10 percent.
     Also today, Global One announced an exclusive agreement with Barak to
 provide international voice, data and multimedia products and services. Global
 One has more than 1,200 points of presence in more than 65 countries.
     Sprint is a global communications company -- at the forefront in
 integrating long distance, local and wireless communications services, and the
 world's largest carrier of Internet traffic.  Sprint built and operates the
 United States' only nationwide all-digital, fiber-optic network and is the
 leader in advanced data communications services.  Sprint has $14 billion in
 annual revenues and serves more than 16 million business and residential
 customers.
     Deutsche Telekom, with a turnover of DM 63.1 billion in 1996, is Europe's
 largest telecommunications company and the third largest carrier worldwide.
 Offering a complete range of products and services in Germany, Deutsche
 Telekom leads in mobile radio services, has an extensive cable television
 network connected to over 17 million homes, about 6.3 million ISDN channels.
 Deutsche Telekom has 1.6 million customers on its online service T-Online,
 with over 1.2 million customers using T-Online to access the Internet, making
 Deutsche Telekom the largest Internet provider in Europe.
     France Telecom is the world's fourth-largest telecommunications carrier,
 with 1996 consolidated operating revenues of $26 billion and 33 million
 telephone lines in service.  In addition to local and long-distance telephony,
 France Telecom provides businesses and consumers with data, wireless, online,
 Internet, cable-TV and value-added services.  France Telecom has the world's
 first fully digital fiber-optic network with 1.3 million  kilometers.  Its
 world's first commercial online service, Minitel, today features more than
 25,000 services and receives more than 1 billion calls per year.
 
 SOURCE  Sprint