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Technology Stocks : Newbridge Networks
NN 14.81+3.1%3:59 PM EST

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To: Ian@SI who wrote (6987)10/14/1998 11:37:00 AM
From: pat mudge  Read Replies (1) of 18016
 
BC Telecom - TELUS announcement

Reuters Story - October 14, 1998 11:32

(Full text of press release from Canadian Corporate News)
OCTOBER 14, 1998
BC Telecom and Telus Confirm Discussions
BURNABY, BRITISH COLUMBIA, EDMONTON, ALBERTA--At the
request of the Toronto Stock Exchange, and in response to
continued media speculation, BC TELECOM Inc. (TSE: BCT) and
TELUS Corporation (TSE: T) today confirmed they are in
discussions to explore the possibility of a business
combination of equals involving a Canadian pooling of
interest.
It is not certain that any transaction will be concluded.
In order to protect the interests of employees, customers and
shareholders, BC TELECOM and TELUS will not be commenting
further at this time.

FOR FURTHER INFORMATION PLEASE CONTACT:

BC TEL
Joanna Wyatt
Media Relations Manager
(604) 432-3853
or
TELUS
Jeff Welke
Media Relations Manager
(403) 498-7236
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