Globalstar Telecommunications Limited GSAT Message Board

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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT

GSAT 60.15

-1.0%

Dec 1 3:59 PM EST

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To: Timothy R. Tierney who wrote (7363)	9/13/1999 12:52:00 PM
From: djane	Read Replies (1) of 29987

briefing.com. 10:38 ET Vodafone AirTouch PLC (VOD) 201 7/16 +6 5/8: --UPDATE-- Bell Atlantic (BEL 63 + 1/2) confirms that it is in negotiations with VOD to create a joint venture from the combination of each operators' US wireless properties with both boards voting this week; would create largest US wireless operator with 23.5 million subscribers; no specifics disclosed; ABN AMRO expects that BEL would hold majority stake and operational control of the JV; thinks it would be negative for AT&T (T +5/16), Sprint PCS (PCS +1/8), Nextel (NXTL +1/16), and GSM (Global System for Mobile Communications) consortia, VoiceStream Wireless (VSTR 55 5/8 +7/8) and Omnipoint Corp (OMPT 52 1/16 +1 3/8) 09:26 ET Bell Atlantic (BEL) 62 1/2: DLJ saying that speculation about a potential deal between BEL and Vodaphone (VOD 194 13/16) to merge their US wireless operations would make sense in their opinion; a deal would create the largest US wireless carrier in a strong response to increasingly successful national wireless carriers.

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