RealTime IT News Signs 25-Year Pact With AT&T

E-commerce telcommunications provider Wednesday signed a 25-year customer agreement with AT&T in a deal that will reduce Tel-Save's network cost.

Under the agreement's terms, will be able to purchase an unlimited amount of broadband fiber during the next year. The move is expected to dramatically lower Tel-Save's network costs.

" has been a customer of AT&T for nearly 10 years. I believe that this agreement is one of the first of its kind and am proud that AT&T wanted to do it with," said Dan Borislow, Tel-Save's outgoing chairman.

"With this pricing in place and the benefit of our low, internal costs, I feel that will enjoy the lowest network cost structure in the industry." also has an exclusive contract to market its services on America Online Inc.