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To: slacker711 who wrote (8235)	4/3/2000 1:27:00 PM
From: slacker711	Read Replies (1) \| Respond to of 13582

This is actually pretty amazing....I dont know how AT&T keeps adding subs, personally I dont think their pricing structure is still competitive. The power of brand..... AT&T Sees Q1 Wireless Subscribers Over 400,000 NEW YORK (Reuters) - AT&T Corp., the No. 1 U.S. long-distance telephone company, said it expects its wireless telephone unit to generate first-quarter revenues of more than $2.1 billion and add more than 400,000 new subscribers. AT&T said it expects the wireless unit's earnings before interest, taxes, depreciation and amortization (EBITDA), excluding other income, to exceed $350 million during the first quarter. AT&T (NYSE:T - news) plans to raise more than $10 billion in an initial public offering of a tracking stock that will reflect the wireless operations. The offering, which will be launched later this spring following a series of investor presentations, would be the largest IPO in U.S. history. Speak your mind Discuss this story with other people. [Start a Conversation] (Requires Yahoo! Messenger) AT&T's wireless unit added 440,000 new wireless subscribers during the fourth quarter, bringing its total customer base to 12.2 million. AT&T Wireless competes against Sprint PCS Group. (NYSE:PCS - news) and the new U.S. wireless venture formed by Bell Atlantic Corp (NYSE:BEL - news) and Vodafone AirTouch Plc (VOD.L). Local telephone companies BellSouth Corp. (NYSE:BLS - news) and SBC Communications Inc. (NYSE:SBC - news), meanwhile, also are in talks to combine their wireless operations and create a tracking stock for the group, sources familiar with the situation said. BellSouth and SBC declined to comment. Shares of AT&T gained 2 7/16 to 58 11/16 on the New York Stock Exchange.

To: slacker711 who wrote (8235)	4/3/2000 2:18:00 PM
From: engineer	Respond to of 13582

It will be interesting how these mergers play out in regards to ownership of licenses in some markets. For instance, in San Diego, the A carrier is Airtouch (VOD) and the B carrier is GTE. If all these merge together, I think the rules state that the A and B carrier cannot have the same ownership. In this case, they actully get less after the merger.

To: slacker711 who wrote (8235)	4/3/2000 2:34:00 PM
From: Dennis Roth	Read Replies (1) \| Respond to of 13582

Bell Atlantic, Vodafone Quick To Launch New Venture asia.dailynews.yahoo.com NEW YORK, NEW YORK, U.S.A., 2000 APR 3 (NB) -- By Steven Bonisteel, Newsbytes. Just days after receiving approval from the Federal Communications Commission (FCC) to pool their US wireless operations, Bell Atlantic Corp. [NYSE:BEL] and Vodafone AirTouch [NYSE:VOD] say they're ready to launch their new joint venture. The new company, which has been referred to as Cellco Partnership, is receiving the wireless licenses formerly held by Bell Atlantic Mobile (BAM} and by UK-based Vodafone's US operations. The companies announced today that they would hold a coming-out press conference in New York for the combined venture Tuesday morning. At that time, they said, pricing packages for nationwide services would be announced. BAM and Vodafone say the new entity's cellular, paging and PCS (personal communications services) services will be delivered on a network capable of reaching 49 of the top 50 wireless markets in the US, with the potential to reach 90 percent of the population. Dennis Strigl, BAM's president and chief executive officer, who will hold the same titles in the new venture, said he was pleased that the FCC acted quickly to approve the transfer of the licenses late last week. The companies first announced their plans to form the wireless partnership in September of 1999. The companies' boast that the new venture will have the potential to reach 90 percent of the population is based on the assumption that regulators will approve a pending merger between Bell Atlantic and GTE Corp. [NYSE:GTE]. Adding GTE's US wireless business to the mix, the operation would be the largest wireless company in the nation, with more than 23 million cellular and users and nearly 4 million paging customers. Such a combined network would reach 96 of the 100 top US wireless markets via 232 network points of presence, the companies say. The completion of any Bell Atlantic/GTE merger is not expected until the second quarter of this year. Bell Atlantic Mobile's Web site is at bam.com . Vodafone's Web site is at vodafone.com .