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Technology Stocks : NEXTEL

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To: r g potgieser who wrote (9146)5/9/1999 10:46:00 PM
From: John T. Hardee  Read Replies (1) of 10227
 
LONDON, May 9 (Reuters) - A series of bids for British mobile phone firm One2One all value the company at more than 10 billion pounds ($16.32 billion), said the Sunday Times.

It said that a shortlist of bidders for the company, jointly owned by Cable and Wireless Plc (quote from Yahoo! UK & Ireland: CW.L) and MediaOne Group (UMG - news), was being selected this weekend from a field of international groups. The business was put up for sale in March.

Germany's Deutsche Telekom AG (quote from Yahoo! UK & Ireland: DTEG.F) and Mannesmann AG (quote from Yahoo! UK & Ireland: MMNG.F) are thought to be among an array of potential buyers, according Sunday newspaper reports. France Telecom , MCI Worldcom (WCOM - news), Cegetel, SFR and Vivendi are also thought to be interested.

($1 equals .6128 Pound)

(One2One reduced it air time cost to the customer by 1/3 a month or so ago) I can only wish hard time forever to WCOM. One2ONE did this to increase customer base. This will be a pump and dump deal.
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