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AOL, WorldCom in Multiyear Service Pact

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Bloomberg News

America Online Inc., the world’s largest Internet service, and WorldCom Inc. the No. 2 U.S. long-distance carrier, said they’ll work together to market AOL’s services to WorldCom’s residential customers. Terms of the exclusive, multiyear alliance weren’t disclosed. WorldCom will market AOL’s services to its local and long-distance customers. WorldCom’s Internet subscribers will be offered at least six months to convert to AOL, company spokesman Terry Macko said. Macko wouldn’t comment on how the agreement might be affected by Sprint Corp.’s 27% stake in EarthLink Inc., the No. 2 U.S. online service. WorldCom, which has fewer than 1 million residential Internet users, has agreed to buy Sprint for $135 billion. Separately, AOL said it will no longer charge a service fee to users who buy tickets on its Moviefone.com Web site (https://www.moviefone.com). Moviegoers who use the Moviefone call-in service, such as 777-FILM, will still have to pay the fee, the company said. Shares in Dulles, Va.-based AOL rose $1.56 to close at $51.06 on the New York Stock Exchange, while shares in Clinton, Miss.-based WorldCom rose $2 to close at $38.25 on Nasdaq.

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