1.  But Adelphia is reselling long-distance time it buys in bulk from the major long-distance companies.

2.  Excel buys long-distance minutes from Frontier and other carriers and resells the time to customers under its own brand name.

3.  FCC Chairman Reed Hundt today said Germany should allow non-German companies to buy and resell time from Telekom, to show the government is committed to opening its market.

4.  It will resell time it buys on frequencies controlled by established U.K. cellular telephone company Vodafone Plc.

5.  Most of those would be small and medium-sized companies, but some could be upstart long-distance carriers that would resell time on the Kiewit network to consumers.

6.  It earned its profits by leasing a telecommunications service which then resold time to other businesses.

7.  The initial company, Long Distance Discount Services, leased a telecommunications service and resold time to other businesses.