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


To: Timothy R. Tierney who wrote (7363)9/13/1999 12:40:00 PM
From: djane  Read Replies (2) | Respond to of 29987
 
I've interpreted it as a big positive for G* as Bell Atlantic/GTE would bring at least 10 million more potential customers and East Coast exposure/retail outlets for G*. Would love to hear thoughts for more informed folks on this issue.



To: Timothy R. Tierney who wrote (7363)9/13/1999 12:52:00 PM
From: djane  Read Replies (1) | Respond to of 29987
 
briefing.com. 10:38 ET Vodafone AirTouch PLC (VOD) 201 7/16 +6 5/8:
--UPDATE-- Bell Atlantic (BEL 63 + 1/2) confirms that it is in
negotiations with VOD to create a joint venture from the
combination of each operators' US wireless properties with both
boards voting this week; would create largest US wireless operator
with 23.5 million subscribers; no specifics disclosed; ABN AMRO
expects that BEL would hold majority stake and operational
control of the JV; thinks it would be negative for AT&T (T +5/16),
Sprint PCS (PCS +1/8), Nextel (NXTL +1/16), and GSM
(Global System for Mobile Communications) consortia,
VoiceStream Wireless (VSTR 55 5/8 +7/8) and Omnipoint Corp
(OMPT 52 1/16 +1 3/8)

09:26 ET Bell Atlantic (BEL) 62 1/2: DLJ saying that
speculation about a potential deal between BEL and Vodaphone
(VOD 194 13/16) to merge their US wireless operations would
make sense in their opinion; a deal would create the largest US
wireless carrier in a strong response to increasingly successful
national wireless carriers.