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Technology Stocks : Ascend Communications (ASND)

ASND 220.42

+4.9%

Dec 12 9:30 AM EST

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To: Sector Investor who wrote (14579)	9/27/1997 7:31:00 AM
From: craig crawford	of 61433

<< Do I have to know that too? I don't know for sure. NTT is #2 as the News Release said so: >> Well, until you provide me with who the largest phone company in the world is I will have to assume that the press release was wrong and it is NTT. NTT had over $70 billion in sales the last 12 months. AT&T had $52 billion. If you throw in Lucent revenues (about $25 billion) you start to get a contest. NTT has twice the market cap of AT&T. Even AT&T + Lucent market cap doesn't add up to NTT. These articles seem to agree with me. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ techweb.com "Bonfield has made no secret in the past of his desire for Concert to ally itself tightly with NTT of Japan, the world's biggest telco, in order to dominate the fast-growing and lucrative international telecom services market." ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Japan Unleashes Its Latest Export: NTT The world's biggest phone company has plenty of work ahead as it gears up for the international market teledotcom.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Tokyo-- An official with the world's largest telecommunications company, Nippon Telegraph and Telephone (NTT) headquartered here, confirmed Tuesday that NTT has been approached by British Telecom, but also said that it is absolutely not interested. techweb.com

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