GTE and Netscape Partner to Launch GTE.net, a New Internet Access Service

Strategic Insights -

GTE, a major telecommunications company, and Netscape Communications Corp. have teamed up to launch GTE.net, a new Internet access service. This partnership marks GTE's entry into the Internet access business, with the goal of building a nationwide data-network infrastructure to offer a range of services, including virtual private networks, business Internet applications, and more. GTE.net will be the first to offer Netscape Navigator software, making it easy for customers to explore and take advantage of the Internet's vast resources.

Key Takeaways:

  • GTE has signed an agreement with Netscape Communications Corp. to license its Netscape Navigator software for navigating the Internet.
  • GTE.net will offer residential and business customers unlimited Internet access for $24.95 per month, or 5 hours of Internet access for $8.95, with additional hours at $1.95 per hour.
  • Business customers can subscribe to a full suite of services, including dedicated Internet access, web site services, firewall services, and more.
  • GTE.net will offer Internet access using dial-up modems, dedicated lines, and Integrated Services Digital Network (ISDN) lines.
  • GTEINS, a GTE subsidiary, was formed in 1992 to provide Signaling System 7 (SS7) transport services and has since expanded to include other services.
  • GTE is one of the largest publicly held telecommunications companies in the world, with net income of $2.5 billion and revenues of $20 billion in 1994.

Statistics:

  • 1994: GTE's net income was $2.5 billion, and revenues were $20 billion.
  • 1992: GTEINS, a GTE subsidiary, was formed to provide SS7 transport services.
  • 1995: GTEINS acquired the assets of GTE Educational Network Services, which provided electronic mail, database, and Internet access services.
  • 1996: GTE.net will be introduced in other markets throughout the United States.

Sources:

  • Business Wire, "GTE Intelligent Network Services Signs Agreement with Netscape Communications Corp." (December 19, 1995)
  • GTE press release (December 19, 1995)
  • Netscape Communications Corporation press release (December 19, 1995)