Howard S. Jonas (born 2 June 1956) is a businessman and telecom entrepreneur and the founder of IDT Corporation[1] and Genie Energy.[2] (wikipedia)
Anybody can make a telephone call to the United States from wherever they are for 10 cents a minute as opposed to $2 to $4 a minute that it costs internationally. If they want to call other countries, like to Europe, it will be around 15 cents a minute.
WorldCom will consider any serious offer but it is highly unlikely we would consider selling any of our core assets such as MCI or local assets.
I'm going to ignore the quarterly numbers and run my business for the long run.
We think AT&T could make savings, and make an additional profit of $10 to $20 billion a year by using this system.