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Technology Stocks : COLT Telecom (COLT)

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To: Kevin G. O'Neill who wrote (65)	1/19/1999 5:58:00 AM
From: Bob Mohebbi	of 95

I do not understand your question? NEWS Colt reportedly considers alliance with Global TeleSystems for European ops LONDON (AFX) - Colt Telecom Group PLC is considering expanding in Europe through a link-up up with the U.S.-owned Global TeleSystems, the Daily Mail reported. An 8.5 bln stg merger or alliance would boost Colt to a size where it could challenge larger rivals for business, the newspaper said. "Neither company would comment, but sources said talks have taken place," it added. Global TeleSystems controls the Hermes long-distance European network. It recently acquired Esprit, giving it 35,000 business customers. eb/ln/ © Copyright 1998, The Nasdaq Stock Market, Inc. All Rights Reserved.

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