Their site www.telecomrewards.com is just a template from GoDaddy because their real site isn't completed yet. I've spent the last few months working with them. Their real launch date is in Jan '08. This is more or less their beta... so, if you sign up now they're planning on making you a premium member. They have a few minor projects to complete prior to going totally live. Other than that, its pretty straight forward.

For example, let's say Bellsouth is your Local provider. You'll have the choice to either sign a Bellsouth contract via TR or go with another provider from their portfolio. One of their goals that I found extremely impressive is that 80% of the time they'll be able to save you l5-20% off your current rates. That was the reason we started talking to them to begin with... my company bills around $5k in Long Distance usage... they put me on a Sprint T-1 and almost cut our bill in half.

The biggest opportunity here is that they're targeting business customers. So, if your company spends a ton of money on their telecom bills. They'll perform an audit for free... recommend a provider.... save your company money... and award miles in just about any frequent flier program. So, I'm earning a ton of miles... the only restriction is that they're obviously bound by the T's & C's of the particular airline program. I'm able to distribute miles to my wife's account and kids accounts. If you work for someone... as long as you have the authorization to sign the telecom contract you decide how to distribute the miles. You can also get permission from your boss (if he/she signs the contracts) to be the individual who benefits by receiving the miles. It's a pretty clever idea! Glad I got in early...