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Tel Save Holdings Inc

August 21, 1998 | Bloomberg News
Tel-Save Holdings Inc. said it won't acquire Communications Telesystems International, even though the company said last week that it planned to expand its long-distance telephone business. Tel-Save said it had been in talks to buy the closely held San Diego-based long-distance company, which had $325 million in sales last year, for $500 million to $600 million in stock. Tel-Save wasn't available for additional comment.
February 26, 1997
America Online Inc. signed a hefty marketing pact with little-known long-distance provider Tel-Save Holdings Inc., giving the online service a big chunk of cash and Tel-Save access to 8 million AOL subscribers. The two companies signed a deal to offer America Online members lower-cost long-distance phone service through Tel-Save, which America Online will promote and sell to its members. Dulles, Va.
August 6, 1998
* Tel-Save Holdings Inc., a U.S. long-distance phone company, expects to announce by Monday whether it will sell the company or resume a share buyback when it reports second-quarter earnings, CEO Daniel Borislow said. Last month, New Hope, Pa.-based Tel-Save said it was in talks with several companies about a sale, including other telecom firms and an Internet company.
July 9, 1997 | From Bloomberg News
America Online Inc. on Tuesday signed marketing agreements valued at $44 million with Inc. and 1-800-Flowers as part of its strategy to use its 8 million members to attract partners. AOL will get $25 million from 1-800-Flowers, plus some of the revenue generated by the florist. Internet-based bookseller will pay $19 million over three years for promotion on AOL's Web site and NetFind Internet directory.
July 23, 1997 | From Bloomberg News
America Online Inc. said that next month it will start releasing its 8 million subscribers' telephone numbers to some of its marketing partners. The No. 1 online service will let companies with which it has marketing and online agreements use the phone lists so they can call customers to offer products and services. The company this month posted the new policy online. The decision could annoy AOL customers who associate online services with anonymity, analysts said.
March 5, 1997 | From Reuters
America Online Inc. said Tuesday it planned to place advertising in company-sponsored discussion areas, or chat rooms, as part of the world's largest online service's bid to expand its revenue base beyond mainly subscriber fees. The Dulles, Va.-based company said placing ads in the chat rooms would generate 360 million ad "impressions" every month, a program one analyst estimated could generate $15 million to $25 million in new revenue in 1997.
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