WILL the price of international telephone calls continue to decline?

As some gray hairs can recall, that was how the company got its start, when international telephone calls dazzled investors.

In 1989, Cable and Wireless won the contract to provide the Island's national and international telephone services.

The company's initial product was international telephone calling cards, sold through independent mobile phone shops.

It also insisted on preserving the current monopolies in satellite telephone services for three years and international telephone calls until October 1998.

Under the program, the agency monitors, without court warrants, the international telephone and e-mail communications of terror suspects in the United States.

But the new Rajin Hotel opened for business on Friday night, and the first international telephones went into service this morning.

Its principal activities include local and international fixed telephone, mobile, Internet, data and cable television services.

She said the techniques developed to make placing international telephone calls relatively simple would be applied to document transfer.

Both companies provide international long-distance telephone, private leased line and telex services.