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Technology Stocks : CellularVision (CVUS)

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To: shopper who wrote (16)	2/11/1997 11:35:00 AM
From: Michael Sullivan	of 17

I would believe so. CT&T is a subsidiary of CVUS. Here's the news post. BTW it's nice to see CVUS up today. _________________________________________________________________ TEL AVIV, Feb 10 (Reuter) - Israel's New Media Communications Ltd has won a $30 million deal to supply America's CT&T with 100,000 high-speed modems for wireless communications, managing director Effi Atad said on Monday. He said the modems would be supplied over two years with the first delivery in June. New Media Communications, a subsidiary of IES Electronics Industries Ltd (IES.TA), was formed just a year ago. "These modems will work on wireless cable. We had been negotiating this deal for about six months," Atad told Reuters. CT&T is a subsidiary of CellularVision USA (CVUS.O), which provides high-speed wireless Internet access. Atad said New Media Communications was considering going public in the United States later this year. - Tel Aviv newsroom 972-3-537-2211 REUTER Copyright 1997, Reuters News Service

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