McLeodUSA Now Offering New Preferred Advantage Local Voice Packages and Save-a-Bundle Promotion
Provides residential and business customers with customized local service, a choice of features, and bundled services discounts
CEDAR RAPIDS, Iowa--(BUSINESS WIRE)--July 21, 2004-- McLeodUSA Incorporated (Nasdaq:MCLD), one of the nation's largest independent competitive telecommunications services providers, announced it is now offering new flexible Preferred Advantage(R) Local Voice packages for residential and business customers. The company has also introduced the Save-a-Bundle promotion, which provides customers the ability to combine Preferred Advantage Local, Long Distance, and Dial-up or DSL Internet access and receive a bundled discount.
"McLeodUSA is pleased to offer our customers the flexibility to customize their communications solutions and realize the cost efficiencies of bundling services together," said Chris A. Davis, Chairman and CEO of McLeodUSA. "With our new Preferred Advantage Local Voice packages and the Save-a-Bundle promotion, customers can choose the features and services they need, and combine their purchase of services for additional savings and convenience - all on one simple bill, with no fine print and no hidden charges."
As part of the new Preferred Advantage Local Voice packages, McLeodUSA has introduced the new Value Select package, which allows residential or business customers to add 7 advanced calling features to their Local Voice service; all for one low flat monthly fee, with no hidden charges. Customers can select their features from a menu which includes such popular services such as Caller ID, Distinctive Ringing, Call Screening, Call Forwarding, Call Waiting, or even Voice Mail to customize their own local package. Wire Care and 900 Blocking also come with Value Select as standard features for residential customers, which typically carry additional charges from other local providers. As a lower-priced alternative, McLeodUSA is also introducing the Simple Select package for business customers offering the selection of 3 calling features to be included with their Local Voice service.
The new Save-a-Bundle promotion provides residential and business customers with the opportunity to increase their savings with bundled services. Customers can combine Preferred Advantage Local Voice services with Long Distance and Dial-Up or DSL Internet access. The more services they choose, the greater the discount off their monthly service charges for Local Voice. Customers who choose DSL as part of their Save-a-Bundle promotion will also receive a free broadband modem and activation when they sign at least a one-year contract for the Preferred Advantage DSL service.
The Preferred Advantage Value Select, and Simple Select Local Voice packages and the Save-a-Bundle promotion will be available in most markets and central offices within the McLeodUSA 25-state footprint immediately, except in Arizona and Oklahoma, which become available September 1st. Residential service is currently not available in Arkansas, Kansas, Louisiana, Montana, and Oklahoma.
For more information about the availability of Simple Select, Value Select, the Save-a-Bundle promotion and all other Preferred Advantage products and services in your area, please contact a McLeodUSA Customer Care Representative at 1-800-593-1177 or visit the Company's Web site at www.mcleodusa.com.
About McLeodUSA
McLeodUSA provides integrated communications services, including local services, in 25 Midwest, Southwest, Northwest and Rocky Mountain states. The Company is a facilities-based telecommunications provider with, as of March 31, 2004, 38 ATM switches, 40 voice switches, 667 collocations, 435 DSLAMs and 2,995 employees. As of April 16, 2002, Forstmann Little & Co. became a 58% shareholder in the Company. Visit the Company's Web site at www.mcleodusa.com.
Some of the statements in this press release include statements about our future expectations. Statements that are not historical facts are "forward-looking statements" for the purpose of the safe harbor provided by Section 21E of the Exchange Act and Section 27A of the Securities Act. These forward-looking statements are subject to known as well as unknown risks and uncertainties that may cause actual results to differ materially from our expectations. Our expectations are based on various factors and assumptions and reflect only our predictions. Factors that could cause actual results to differ materially from the forward-looking statement include technological, regulatory, public policy or other developments in our industry, availability and adequacy of capital resources, current and future economic conditions, the existence of strategic alliances, our ability to generate cash, our ability to implement process and network improvements, our ability to attract and retain customers, our ability to migrate traffic to appropriate platforms and changes in the competitive climate in which we operate. These and other risks are described in more detail in our most recent Annual Report on Form 10-K filed with the SEC. The Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.
Contacts
McLeodUSA Incorporated, Cedar Rapids
Karen Fox, 319-790-7800
Mcleodusa.pr@mcleodusa.com
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