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Technology Stocks : Ascend Communications (ASND)
ASND 212.33+1.1%Nov 28 9:30 AM EST

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To: Sector Investor who wrote (37020)3/1/1998 11:03:00 PM
From: Bindusagar Reddy   of 61433
 
Bloomberg reports that WCOM received the license to enter local phone business in JAPAN, first competition ever to NTT( Largest phone company in the world, a monopoly in Japan.

They mentioned that it costs $570.00 to get a local phone hookup!!.

This will be interesting. WCOM might deploy internet access equipment as well and compete as ISP, which should only help ASND.
Checkout in Bloomberg technology news. I don't know how to cut and post it.
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