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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (3426)	4/21/1999 12:57:00 PM
From: Kenneth E. Phillipps	of 12823

Press Briefing on ATT-Bell Antlantic Deal - ATT says "Strategically, you want to enter the market as soon as systems will allow," cbs.marketwatch.com Press Briefing Wednesday's Top Stories AT&T to offer local New York service Compiled by CBS MarketWatch Last Update: 4:15 AM ET Apr 21, 1999 NEW YORK (CBS.MW) -- AT&T Corp., moving to enter the local-telephone market, plans a residential service in New York by leasing Bell Atlantic Corp.'s phone network. The Wall Street Journal reported that the long-distance giant has been pushing for years to find its way into local phone markets across the U.S., one big reason it decided to buy cable operator Tele-Communications Inc. But TCI has no cable-TV lines in New York state. And negotiations with Time Warner Inc.(TWX: news, msgs) that would provide access to that company's 12 million cable customers are proceeding more slowly than AT&T had hoped. "Strategically, you want to enter the market as soon as systems will allow," George Burnett, a vice president for AT&T's consumer unit, the Journal. AT&T plans to offer the local services through Bell Atlantic (BEL: news, msgs) by the end of 1999. The Wall Street Journal

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