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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)

VOD 12.32

-0.8%

3:59 PM EST

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To: Roy F who wrote (1265)	10/2/1998 3:09:00 PM
From: David Wiggins	Read Replies (1) of 3175

Roy, Good news from Spain - Now if the share price can act like the subscriber growth... Spain's Airtel Raises its Goal to 2 Million Customers for 1998 Bloomberg News October 2, 1998, 9:31 a.m. PT Spain's Airtel Raises its Goal to 2 Million Customers for 1998 Madrid, Oct. 2 (Bloomberg) -- Airtel SA, Spain's second- cellular phone company, has already achieved its 1998 goal for customers and has raised its target for the year to 2 million, or 30 percent of the Spanish telephone market, Airtel Chairman Juan Abello said at a conference. At the end of September Airtel had 1.725 million customer, its original goal for all of 1998 as the mobile phone company completed its third full year in business. The company expects 1998 sales to reach 200 billion pesetas ($1.4 billion) and has been profitable at the operating level since March. Airtel expects operation cash flow to reach 45 billion pesetas this year.

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