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Technology Stocks : VSTR -- Ignore unavailable to you. Want to Upgrade?

To: md1derful who wrote (37)	10/7/1999 2:59:00 AM
From: Anthony Wong	Respond to of 60

VoiceStream CEO: Co Solid In Face of MCI-Sprint Merger October 6, 1999 NEW YORK -- VoiceStream Wireless Corp. (VSTR) Chairman and Chief Executive John Stanton said he doesn't expect the merger of MCI WorldCom Inc. (WCOM) and Sprint Corp. (FON, PCS) to directly affect his company. Stanton said Sprint has been an effective competitor in the wireless business and consumer markets, but the combined company, to be called WorldCom, may offer less of a challenge. "We expect WorldCom to focus more of its attention in its wireless efforts in the business market. Our business strategy is very much consumer-oriented," said Stanton in an interview on CNBC-TV Wednesday. "The consumer market has more a robust growth pattern than does the business market," he added. Wall Street has concurred with Stanton's analysis of his company's prospects. VoiceStream's share price closed Tuesday at 66 3/4, up 6.5% or 4 1/16. The shares recently traded at 67 1/2, up 3/4, or 1.1%. VoiceStream uses the European standard for wireless technology, Global Systems for Mobile Communications, or GSM, which is used by 200 million customers world-wide. Less than 10 million people use each of the two North American standard technologies, CDMA and TDMA, said Stanton. "We view GSM to be a huge advantage in terms of its global reach," said Stanton. "Frankly, as the Internet and wireless communications converge, we think that we get a huge head head start on the other technologies in our delivery of data services." VoiceStream has licenses in 22 of the largest 25 U.S. wireless markets. - Riva Richmond, Dow Jones Newswires; 201-938-4046