announced that its subsidiary has signed a deal to sell telecommunications services to Swedish small businesses.

RSL COM Scandinavia has done a deal with Foretagens Inkopspool, a Swedish bulk buying consortium for small business, for the provision of telecommunication services.

As a result, the 1,300 small businesses that are members of Foretagens Inkopspool will be able to reduce their telephony costs significantly, compared to negotiating individual contracts.

"We are both pleased and proud that Foretagens Inkopspool chose RSL COM, ahead of stiff competition from other telecom operators. Inkopspool has demonstrated great confidence in us to take care of its members, and we are committed to provide them with high quality telecommunications service,'' said Kenneth Pettersson, marketing manager at RSL COM Scandinavia.

"On average, a small business can save up to 50 percent, for example, on international calls, by connecting to the pool. These prices are generally not available to individual small businesses in Sweden.'' RSL Communications, Ltd. is a global, facilities-based integrated telecommunications company that provides leading edge product and service solutions to key markets around the globe. With operations on five continents in 21 countries that account for over 75 per cent of the world's telecommunications traffic, the company is headquartered in Hamilton, Bermuda with executive offices in New York City.