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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 176.67+1.6%Nov 12 3:59 PM EST

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To: Ramsey Su who started this subject6/12/2002 8:21:19 AM
From: foundation  Read Replies (1) of 196628
 
BellSouth aims to sell European investments

Reuters, Jun 12 2002

NEW YORK, June 11 (Reuters) - BellSouth Corp. <BLS.N>, the No. 3 U.S. local telephone company, said on Tuesday it aims to liquidate its remaining European investments, including its holdings in Denmark and Israel.

"It should be crystal clear by now our intentions. We have liquidated our interest in KPN and we expect to liquidate the remainder of our European interests as opportunities present themselves, including Denmark and Israel," BellSouth Chief Financial Officer Ron Dykes said at a CIBC World Markets investor conference in New York.

KPN Telecom NV is the dominant Dutch telephone company.

industryclick.com
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