WASHINGTON: DeltaThree Inc. said on Monday it is in the final stages of
negotiating a deal for software leader Microsoft Corp. to deliver Internet
telephone services to consumers via Microsoft Messenger.
In a filing with the Securities and Exchange Commission, DeltaThree said it
believes its services will be made available to the public through Microsoft's
instant messaging service in the fourth quarter of fiscal 2001, and the
agreement should be finalized in the next several weeks. The only major part of
the deal that has not yet been worked out is the amount of consideration the New
York City-based company will pay to Microsoft in return for Microsoft's enabling
its consumers to use the service, according to the filing.
DeltaThree said its consumer division, iConnectHere.com, will deliver calls
from customers' personal computers to any phone number in the world. The deal
lasts 12 months from the date that Microsoft makes DeltaThree's services
available to the public through its instant messaging service.
(C) Reuters Limited 2001.