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Technology Stocks : Newbridge Networks

NN 12.60

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3:59 PM EST

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To: Tunica Albuginea who wrote (13246)	9/9/1999 11:47:00 AM
From: zbyslaw owczarczyk	Read Replies (1) of 18016

D.Telekom,Sprint want to run Global One alone Previous signs that Sprint and DT have full agreement when they want to go and two official DT statements, that is interested in FT 25% stake in G1,give us some clue abut possible stronger ties between DT and Sprint. If FT will sell its stake DT and FON will hold 50% each. If they merge, ION problems will be solved overnight. BERLIN, Sept 8 (Reuters) - Deutsche Telekom AG (quote from Yahoo! UK & Ireland: DTEG.F) and Sprint Corp (NYSE:FON - news) want to operate the Global One telecoms alliance alone and France Telecom SA , the third partner, is ready to pull out, a German newspaper reported on Wednesday. High-ranking Global One sources said France Telecom was in negotiations to pull out of the venture and that they expected Telekom and Sprint to operate the alliance alone, Die Welt daily reported in an advanced edition of its Thursday issue. A Deutsche Telekom spokesman said of the report: ``We don't take part in speculation.' Relations between Deutsche Telekom and France Telecom have deteriorated since Telekom sought to merge with Telecom Italia SpA earlier this year. Deutsche Telekom said last month that first half losses from Global One were 50 million euros higher than expected.

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