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Technology Stocks : Vodafone (VOD)
VOD 15.25+2.2%3:59 PM EST

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To: DreamWeaver who wrote (92)6/9/1999 5:12:00 PM
From: David Wiggins  Read Replies (1) of 109
 
Vodafone Group Makes Highest Bid for Hungarian Phone License

Bloomberg News
June 9, 1999, 12:31 a.m. PT
Budapest, June 9 (Bloomberg) -- A group comprising the U.K.'s
Vodafone Plc, AirTouch Communications Inc. of the U.S. and
Germany's RWE Telliance made the highest bid for a license to start
Hungary's third mobile phone network, Hungarian daily Napi Gazdasag
reported, citing unnamed members of the government panel
considering the bids. The license attracted bids of more than 40
billion forint ($170 million), the paper said. The group is one of
three foreign companies biding for the license.

The other two bidders for the license in a second round of the
competition are Orange Hungaria, made up of the U.K.'s Orange Plc
and Callahan Associates and CG Sat-Mannesmann Eurokom.

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