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Technology Stocks : Nokia (NOK)
NOK 6.550-0.9%Jan 16 9:30 AM EST

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To: scratchmyback who wrote (20719)6/12/2002 8:28:08 AM
From: JohnG  Read Replies (1) of 34857
 
BellSouth to dump EuroCrap 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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