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BellSouth to Eliminate DSL Service Fee and Verizon Brings Hyper-Fast Internet Connections to Gresham Customers

29 August 2006

Internet Service Provider industry news provided by Financial News USA (OTC: FNWU). Under pressure from the Federal Communications Commission, BellSouth Corp. (NYSE:BLS) said Friday that it will stop collecting a $2.97 per month regulatory fee from its high-speed Internet customers. The company made the announcement after learning the FCC had begun investigating whether the carrier and Verizon Communications Inc. were violating federal truth-in-billing laws. "Hitch," "24" and "Buffy the Vampire Slayer" are among the movies and television shows that Time Warner s (NYSE:TWX) AOL will sell through its new video portal under deals the Internet company has forged with major Hollywood studios. The partnerships, announced Thursday, represent AOL's latest efforts to become the destination for online video as the company tries to offset revenues it expects to lose from a recent decision to drop subscription fees for many high-speed customers.


Verizon (NYSE:VZ) customers can experience breathtaking high-speed Internet access as the company expands its Verizon FiOS (FYE'-ose) suite of Internet services to Gresham. FiOS services are now available to approximately 500 customers in Gresham, and Verizon will soon offer FiOS services in additional areas of Gresham and Troutdale. The company plans to pass 16,000 homes with its FTTP (fiber-to-the premises) network by year-end in east Multnomah County. FTTP technology utilizes fiber-optic connections -- instead of copper wire -- directly into homes and businesses to enable a broad array of voice, data and video applications. Zaldiva (TM), Inc. (OTC BB:ZLDV), an online retailer of new and vintage Pop Culture collectibles, is pleased to announce that its retail location is almost completed. The interior of the building is basically completed and exterior finishes are in place. The parking lot and landscaping are being installed and management is preparing for the final occupancy inspection. Once the inspection is completed Zaldiva will receive its Certificate of Occupancy (CO) and the occupational license will follow.


About Financial News USA


Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information:


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