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September 2000

Rates of Interest

Munich talks-with the cheap rates from M-Net, you can gab without guilt

Since the mid-1990s, when Deutsche Telekom ceased to monopolize the telecommunications industry in Germany, telephone/Internet service providers have engaged in a heated battle for customers. Armed with a handful of cost-reducing prefixes, we have significantly lowered our phone bills. It would seem the war is far from over, and has, in fact, set up camp in Munich. The city’s first and only private telephone company, M-Net — founded in 1996 by Munich Utilities (Stadtwerke München), Viag Interkom, the Bayerische Landesbank and the Stadtsparkasse München — offers extraordinarily low rates, including free phoning between M-Net customers after 18:00. For those with ISDN, a flat monthly fee of DM 39.90 enables customers to make local calls, from 8:00 to 18:00, at 5.8 Pfennig per minute (3.4 Pfennig after 18:00); calls to other Bavarian locations are charged at 10.8 Pfennig per minute (5.8 Pfennig after 18:00); calls outside Bavaria but within Germany are 14.8 Pfennig per minute (5,8 after 18:00) and around-the-clock online time costs 1.9 Pfennig per minute. M-Net investors have high hopes that 10,000 locals will support their “home team” by 2001. For more information, visit www.m-net.com.