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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?

To: mthomas who wrote (6848)	8/25/1999 9:26:00 PM
From: Rocket Scientist	Read Replies (1) \| Respond to of 29987

Bell Atlantic Vodafone JV? Might be a big help for G* in N. America To: Ken Sanford (38684 ) From: slacker711 Wednesday, Aug 25 1999 9:10PM ET Reply # of 38686 I think that this would be a nice boost for the Q....Thanks to nbfm on the Yahoo thread. Bell Atlantic, Vodafone Reportedly in Talks for Joint Venture London, Aug. 25 (Bloomberg) -- Vodafone Airtouch Plc, the world's largest wireless company, is reportedly in talks to form a joint venture with Bell Atlantic Corp., three weeks after the companies agreed to split their existing wireless venture. The Times of London said Vodafone AirTouch Chief Executive Chris Gent is in talks with Bell Atlantic, citing unidentified sources close to Vodafone AirTouch. Analysts said the agreement could involve a merger of Vodafone AirTouch's operations in the western U.S. and Bell Atlantic's cellular unit, the paper said. Both companies declined to comment. A venture between Bell Atlantic, the No. 1 U.S. local phone company, and Vodafone AirTouch could create a nationwide U.S. wireless phone network. Vodafone AirTouch has said it will consider buying or building new networks to extend its reach across the U.S. Vodafone completed its $74.4 billion purchase of AirTouch in June, giving it cell networks on six continents, including a system that blankets Europe. Earlier this month, Bell Atlantic, which has 6.6 million wireless customers, and Vodafone AirTouch agreed to split their PrimeCo Personal Communications LP joint venture, ending a six- month feud over the future of the cellular service provider. Bell Atlantic decided in April to break up the venture, three months after it lost a bidding war to Vodafone to buy AirTouch Communications Inc., Bell Atlantic's original partner in PrimeCo. The breakup left Vodafone AirTouch without service in the Eastern U.S., while Bell Atlantic is set to become the No. 1 U.S. wireless provider following its $90.3 billion purchase of GTE Corp. Aug/25/1999 19:29