Jim Thompson dug up some background that indicates that the telcos blocking freeconferencecall.com are losing money due to various free conference call services using loopholes in telephone termination fees, and are suing.

“This is just the latest in a long line of get-rich-quick schemes that bilk others to make a profit,” said an AT&T spokesperson. The lawsuit claims that operations like FuturePhone’s are in violation of several statutes, including Iowa state laws as well as previous FCC decisions.

— AT&T’s ‘Free Call’ Bill: $2 Million, by Paul Kapustka gigaom.com, Wednesday, February 7, 2007 at 5:00 AM PT

Continue reading →