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Technology Stocks : Newbridge Networks
NN 12.96+8.3%Nov 24 3:59 PM EST
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To: pat mudge who wrote (9512)2/10/1999 2:02:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
LONDON (Reuters) - British Telecommunications and phone giant AT&T are considering a tie-up
between their respective mobile phone operations, The Sunday Times newspaper said.

BT Chief Executive Peter Bonfield told the paper that a deal was possible between its Cellnet unit, in
which it owns 60 percent and the U.S. long-distance carrier.

The two telecom giants already have a $10 billion international alliance in the pipeline, plans for which were announced last
July.

The alliance, which combines their international assets only, would provide telecom services to multinational corporations.

Bonfield said the next step could be a deal giving their mobile phone users reciprocal access in the United States and
Europe.

''We haven't got anything agreed yet but it doesn't take a huge leap of faith to figure out that we could do some agreement
like that,'' the paper quoted Bonfield as saying.

The possibility of a BT-AT&T link-up comes weeks after Britain's Vodafone bid to take over American company AirTouch
Communications to create the world's biggest mobile phone company.

Earlier Stories

AT&T's Plan Offers Simplicity, But Not Much Savings (January 27)
AT&T Sets One-Rate Calling For Wireless, Wireline (January 27)
AT&T Unveils New Services For Voice, Data Traffic (January 26)
AT&T Profits Up Despite Weak Consumer Unit (January 26)
AT&T Quarterly Profits And Revenues Rise (January 25)
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