GTE Message Board - Msg: 6260329

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Technology Stocks : GTE

GTE 3.870

+9.9%

Nov 4 3:59 PM EST

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To: ricky who wrote (599)	11/2/1998 8:20:00 PM
From: Cytokine1	Read Replies (1) of 671

Merger Facts: [] Merger of equals [] Chuck Lee and Ivan Seidenberg will share mgmt responsibility-- Lee as Chairman, Seidenberg as President and co-CEO. [] Headquarters in NYC [] GTE shareholders will receive 1.22 shares of Bell Atlantic stock for each share owned. [] New board of directors will have equal numbers designated by GTE and Bell Atlantic. [] Name of new company not decided. GTE BA Combined Revenues 23B 30B 53B Acc Lines 22.3M 40.8M 63M (domestic) Acc Lines 6.1M 4.3M 10,4M (international) Wireless 4.6M 6M 10.6M (wireless customers domestic) Wireless 1.2M 1.3M 2.5M (wireless customers international) Employees 114,000 143,500 257,500 bellatlantic.com gte.com

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