Pressure is mounting on long distance providers to more quickly broaden their product offerings or face the possibility of a new round of bankruptcies. Financial report cards are in from the first quarter of the year, and the results show a continued erosion of customers and profits from traditional long distance voice services. The major long distance carriers saw double digit declines in their long distance revenues as consumers and businesses continued to turn to less expensive or more convenient alternatives such as extended cell phone calling plans.
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