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Technology Stocks : WCOM

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To: Teddy who wrote (3390)10/13/1998 2:17:00 PM
From: Anthony Wong  Read Replies (1) of 11568
 
Interesting comments from Sidgmore on wireless in a Bloomberg article today on British Telecom:

British Telecom could use its existing wireless assets and
is also ''always looking'' for additional opportunities to
expand its wireless operations.

British Telecom owns 60 percent of Cellnet, the U.K.'s
second-largest mobile phone operator. It also has stakes in a
variety of mobile phone operators in Europe and Asia, including
Viag Interkom in Germany, and Telfort in the Netherlands.

While British Telecom wants to sell wireless services to
large companies around the globe, rival MCI WorldCom Inc. has
said it doesn't think wireless is critical to winning corporate
customers.

John Sidgmore, chairman of the U.S.'s No. 2 long-distance
phone company, said in a recent interview that mobile phones
generally aren't key to corporate decisions on
telecommunications strategy. MCI WorldCom is interested in
getting radio spectrum licenses to establish wireless links to
connect its networks to individual buildings, however.
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