Phonecards On-Line© is Published by Alan Cohen
July 18, 1999
Issue #176
Current Circulation: 3,200+
In This Issue:
Upcoming Moneycard Shows
Press Releases
Promotional Offers
Check out the latest phonecard auctions on Ebay. Visit Ebay at: http://www.cardmall.com/ebay
Collector Auctions (including phonecards) are at http://www.cardmall.com/auction
NEWS / COMMENTARIES
UPCOMING MONEYCARD-RELATED SHOWS/CONFERENCES
(Some shows may feature other collectibles with moneycards secondary)
Don't see your favorite show? Let us know: Telequest@USA.net
Copyright 1999 Telequest (May be redistributed with attribution)
1999
Aug 5-9 Chicago PreShow ‘99, (Rosemont/O'Hare); GNW Shows 253-565-6565
Aug 11-15 ANA 108th Anniv. Conv., (Rosemont/Chicago); ANA 719-632-2646
Aug 24-26 Telecard World ‘99, (NYC-Javits Conv Ctr); 800-717-7469
Sep 7-9 Cards Australia ‘99, (Sydney Conv. Ctr.); +61 2 9210 5700
Sep 8-10 Scandicards ‘99, (Stockholm); V Tolson +46 (0)8 588 31000
Sep 25 Long Beach Coin/Collectibles Expo; Andrea Neumann 805-962-9939
Sep 27-30 Int'l Telecard Assoc, (Naples, Florida); ITA 202-544-4448
Oct 2 Collectors Meet; (Denmark); Oluf Kristensen + 85 15 01 40
Oct 8-10 Collectorama, (Lakeland, Florida); Ed Kuszmar 561-995-7985
Nov 10-12 Intele-CardNews Expo'99: The Cutting Edge of Prepaid
Fontainebleau Hilton Resort and Spa, Miami Beach, FL
info: http://www.intelecard.com or call 800-883-8353
Dec (TBA) Holiday Collectibles Convention, (Walt Disney World); TBA
2000
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Jan 6-9 FUN 2000, (Orlando); Cindy Grellman 407-321-8747
PRESS RELEASES
Newly Public GTC Telecom to Mirror Amazon.com
COSTA MESA, Calif.--(BUSINESS WIRE)--Jan. 12, 1999--GTC Telecom (OTCBB:
GTCC) Tuesday announced that it has begun implementing plans to create the
first Web site dedicated to the online sale of calling cards.
Like Amazon.com (Nasdaq: AMZN), GTC Telecom will cut out the high cost
middleman and sell direct to the customer. The Web site www.Ecallingcards.com
will be launched Feb. 15, 1999 and will enable GTC Telecom to offer calling
cards at a rate that is 40-50 percent below the current retail pricing scale
and still earn approximately 30 percent gross profit.
GTC Telecom is a long distance carrier and offers a 7.9 cents per minute
long distance rate in selected states. The company has already successfully
implemented an international calling card program through retail channels for
international markets. Through its agreements with companies such as
MCI/Worldcomm (Nasdaq: WCOM), GTC Telecom has been able to increase its
customer base by being able to offer very low rate plans.
According to Mark Fleming, formerly of MCI Worldcomm and current
executive vice president of GTC Telecom, "The amount of administrative cost
and overhead for GTC Telecom to provide this service is minimal. We are
similar to other online retailers such as Amazon.com (Nasdaq: AMZN),
Shopping.com (OTCBB: IBUY), IMALL (Nasdaq: IMAL) and Skymall (Nasdaq: SKYM),
but we have the added benefit of having no product or inventory to order or
ship."
Fleming continued, "In addition we have no backlog, discontinued product
to return or damaged merchandise to deal with. Simply, if you were a customer
you would enter our Web site, order a card, we will ask you how many minutes
of long distance time you desire. We then charge your credit card or your
phone bill if we are your long distance carrier and we issue you an 800
number and a pin number good for the minutes purchased. One of the greatest
features of this program is that as soon as we have your credit card number
your card is usable. There is no down time, in which the customer has to wait
for the card to be shipped, etc. Our service is instantaneous."
Eric Clemons, GTC Telecom's chief operating officer stated, "The calling
card market is estimated at $10 billion annually. Our plan in the long
distance calling card market is much like Amazon.com whose industry is well
over $13 billion. Since we have a sophisticated, low cost telecommunications
infrastructure in place, it was a very strategic move for GTC Telecom to come
out with long distance calling cards over the Internet. It was a logical leap
for us to enter into this market because of our already low rates and our
strong, inexpensive network. Being the first to market and being able to
profitably offer a calling card 40-50 percent below current retail averages
should catapult our emergence into the Internet market."
Clemons continued, "Initially, GTC Telecom was looking for more products
and services to add to our already low cost packages. We want to offer our
customers as many options as possible. We discovered that by offering calling
cards over the Internet, we can considerably lower the cost to our end user."
Founded in 1997, GTC Telecom is an interexchange carrier, providing long
distance service to small and medium sized businesses as well as residential
customers throughout the United States. Currently, GTC believes that they
have the lowest long distance rates nationwide. GTC's long distance service
offerings include outbound service, inbound toll-free 800 service, and
dedicated private line services for data.
GTC's position as an interexchange carrier gives the company the ability
to function as a large telecom company but alleviates the overhead, thus
allowing GTC to have rates lower than many of their competitors. Visit GTC's
Web site at www.gtctelecom.com
TotalAxcess.com Inc. Partners With Blackstone Calling Card, Inc. in Multi-Million Dollar Distribution Agreement
SAN FRANCISCO--(BUSINESS WIRE)--July 13, 1999-- TotalAxcess.com, Inc. (OTC BB:TXCI), formerly Group V Corporation, announced today a partnership with Blackstone Calling Card, Inc. to distribute approximately six million ``Gateway International'' pre-paid calling cards with an estimated retail value of $57.7 million.
This is the second distribution contract that TotalAxcess.com has entered into with Blackstone and it is expected to generate in excess of $35.7 million in revenue for the Company in the next twelve months. The ``Gateway International'' pre-paid
calling cards are now available domestically in $5, $10 and $20 denominations providing extremely low international phone rates to a number of popular overseas markets.
The Company's first reported contract with Blackstone (Business Wire: April 20) was for $8.4 million in country specific pre-paid phone cards released through leading Blackstone distribution channels located throughout the nation.
TotalAxcess.com President and Chief Executive Officer, Joseph Monterosso stated, ``We have built an impressive and cost-effective telecommunications network backed by knowledgeable and talented professionals. We have clearly demonstrated the Company's ability and will continue to provide the finest quality service at the most competitive rates. Our partnership with Blackstone has been beneficial to both parties and we are pleased that we can continue to provide state-of-the-art support and service to such a high quality distributor.''
Blackstone Calling Card, Inc. located in Miami, Florida has built an extensive distribution network with more than 1,650 distributors nationwide outside of Florida and over 7,800 retail accounts in South Florida, New Jersey and Venezuela which are visited by their own sales force. Stated Luis Arias, President of Blackstone Calling Card, Inc., ``We have been extremely pleased with the Company's total performance and we look forward to furthering our distribution partnership over the coming months.''
TotalAxcess.com, Inc. (a publicly traded company OTC BB: TXCI) is a diversified telecommunications company specializing in some of the world's most profitable market segments including one plus, toll free long distance and pre-paid phone card
products.
PROMOTIONAL OFFERS
Cat Litter Phone Card
I went to the store today for cat litter, and got a great looking AT&T phonecard out of the litter. It is called FELINE PINE. And there is a big sticker on the front of the bag saying there is a AT&T phonecard inside. The card is beautiful, with a cat, and pines, and flowers.
From Theresa McCandless
Until Next Time,
Alan
Distribution
Phonecards On-Line© is published by Alan Cohen. It is a weekly newsletter devoted to phonecards - Current news, viewpoints, and reviews of new issues.
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