Incomnet Inc., the Woodland Hills-based marketer of long-distance service, said it has signed a $600-million, multiyear contract to buy space on phone lines from WilTel Inc. of Tulsa.
WilTel is a subsidiary of WorldCom Inc., the nation's fourth largest long-distance company. Incomnet is now WorldCom's largest customer. Incomnet signed the agreement through its subsidiary, National Telephone & Communications (NTC).
The deal replaces one NTC made with WilTel last year to purchase $240 million worth of long-distance time, a sign of Incomnet's rapid growth, said CEO Sam Schwartz. Incomnet sells discounted long-distance service through a network of 40,000 marketing representatives nationwide.