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Technology Stocks : Viatel (VYTL)

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To: JakeStraw who wrote (139)	2/29/2000 9:52:00 PM
From: debra vogt	of 157

Related Quotes T VYTL 49 3/8 56 5/16 +4 3/8 +1 5/16 delayed 20 mins - disclaimer Tuesday February 29, 9:41 pm Eastern Time Viatel agrees to buy AT&T's UK arm-FT LONDON, March 1 (Reuters) - Global telecommunications provider Viatel Inc has agreed to buy the UK arm of long-distance telephone carrier AT&T in a deal thought to be worth up to $200 million, the Financial Times reported on Wednesday. The deal would allow Viatel to extend its fibre-optic broadband network to a further 10,000 to 15,000 mainly business customers in 19 UK cities, the newspaper said. It said the sale followed the launch last year of Concert, a 10 billion pound joint venture between AT&T and British Telecom Plc (quote from Yahoo! UK & Ireland: BT.L). It was suggested that AT&T would be well advised to sell its UK subsidiary to pave the way for the venture's approval by European regulators, the Financial Times said. -------------------------------------------------------------------------------- More Quotes and News: AT&T Corp (NYSE:T - news) Viatel Inc (NasdaqNM:VYTL - news) Related News Categories: US Market News

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