Newbridge Networks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Newbridge Networks

NN 12.64

+3.2%

Nov 14 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: pat mudge who wrote (13528)	10/5/1999 12:54:00 PM
From: zbyslaw owczarczyk	Read Replies (1) of 18016

D.Telekom-Global One decision after Sprint/MCI deal FRANKFURT, Oct 5 (Reuters) - Deutsche Telekom AG said on Tuesday the future of its Global One joint venture with Sprint Corp (NYSE:FON - news) and France Telecom remained open. A Telekom spokesman said that a decision on Global One would only be taken once MCI Worldcom's (NasdaqNM:WCOM - news) acquisition of Sprint, announced earlier, was complete. He said that then all parties concerned would discuss and redefine their Global One interests. MCI announced earlier it would buy Sprint for $129 billion, including $14 billion in debt and preferred stock, making it the most expensive corporate takeover ever. Pat, DT statement, as well statements from FT and Sprint several weeks ago, indicate that ovnership/structure of G1 only will be change, but such change will have to wait for onother year or so, until MCI/Sprint are merged . Zbyslaw

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next