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Microcap & Penny Stocks : Phone-Tel Tech. (PHTE and PHTEW)

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To: leigh aulper who wrote ()12/2/1999 11:42:00 AM
From: leigh aulper   of 17
 
PhoneTel Technologies, Inc. Announces New Ticker Symbols

CLEVELAND--(BUSINESS WIRE)--Dec. 2, 1999--PhoneTel Technologies, Inc. (OTC BB:PHNT) announced today that the Company's common stock and warrants issued in connection with the previously announced financial restructuring will trade under the ticker symbols PHTE and PHTEW, respectively. The Company's newly issued common stock is expected to begin trading today on the OTC Bulletin Board. The warrants are expected to trade on the National Quotation Service Pink Sheets.

PhoneTel Technologies, Inc. is a leading independent provider of pay telephones and related services with operations in 45 states and the District of Columbia. PhoneTel serves a wide array of customers operating in the shopping center, hospitality, health care, convenience store, university, service station, retail and restaurant industries.
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