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Technology Stocks : Alcatel (ALA) and France -- Ignore unavailable to you. Want to Upgrade?

To: Michael M who wrote (1450)	3/15/2000 11:30:00 AM
From: Bob Howarth	Read Replies (1) \| Respond to of 3891

We are below 'takeunder' price. NN should have insisted upon a collar.

To: Michael M who wrote (1450)	3/15/2000 11:34:00 AM
From: Charles L. Bushey	Respond to of 3891

Some good ALA news, from the Loral thread; Progress, SkyBridge marches on. (I bet they are advancing 'according to plan' ) Thanks to Philips Telecon and M2) Jeff Vayda Story Filed: Tuesday, March 14, 2000 1:46 PM EST MAR 14, 2000, M2 Communications - Paris -- SkyBridge LP has received a license in France to deploy its 80 low earth orbiting satellite constellation with associated ground segment and provide broadband access to the Internet and other multimedia services. The license was granted on February 9th, 2000, by Mr. Christian Pierret, Secretary of State for Industry, upon recommendation of the French regulatory authority (Autorite de Regulation des Telecommunications). This decision comes after a consensus was reached at the World Radiocommunication Conference Preparatory Meeting on the technical rules allowing LEO systems to operate in the Ku-band (10-18 GHz). The WRC is expected to confirm this result in Istanbul in May 2000. "The granting of our license in France is extremely positive for SkyBridge, and it constitutes a key component of our regulatory strategy. We are confident that this will help our licensing process in other countries", stated Pascale Sourisse, President & CEO of SkyBridge LP. "It's definitely a major step in SkyBridge's efforts to secure regulatory approvals prior to the opening of service in 2003", she added. SkyBridge will provide telecom operators and service providers with broadband capacities, enabling them to offer business and residential users, rural and urban access to high-speed, highly interactive multimedia services anywhere. Editor Notes SkyBridge LP is backed by Alcatel. Alongside Alcatel, its industrial partners and shareholders are: Boeing, Loral Space & Communication and EMS Technologies of the United States; COM DEV of Canada; Mitsubishi Electric, Sharp and Toshiba of Japan; THOMSON multimedia, CNES and SNECMA of France ; SRIW of Belgium. Telstra has signed an agreement in principle to become equity partner and service provider in Australia, New Zealand and South East Asia. The Lebanese Ministry of Post and Telecommunications has also recently signed a Memorandum of Understanding relative to an investment in SkyBridge and service provision in the Middle East and North Africa. SkyBridge services will be delivered locally through national and regional telecommunications operators and other service providers. Copyright 1994-2000 M2 COMMUNICATIONS LTD CONTACT: Nicolas Brun, Vice President, Communications, SkyBridge LP Tel: +33 (0)1 4652 6394 Mark MacGann, Vice President, Strategic Affairs Tel: +33 (0)6 0923 5917 Edward Lloyd/Simon West, Barrington Lloyd International Tel: +44 (0)1799 506 187 (M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at presswire.net on the world wide web. Inquiries to info@m2.com). Copyright ¸ 2000, M2 Communications Ltd., all rights reserved.