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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: quidditch who wrote (11993)6/10/2000 4:25:00 PM
From: William Hunt  Read Replies (1) | Respond to of 13582
 
steven ---stop in at the local GTE phone store ---They have been told that they will selling digital CDMA only after July 1st . The only two models approved are Audiovox and one other with "Q" ASIC's inside . People that have current phones will be offered trades to convert or Quote "moved up " to the new plans that Verizon is going to offer .
No Nokia actually being sold now ---they are listing people for the new phones instead
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To: quidditch who wrote (11993)6/10/2000 4:54:00 PM
From: William Hunt  Respond to of 13582
 

Bell Atlantic-GTE merger approval close
By Bloomberg News
June 9, 2000, 2:55 p.m. PT
Bell Atlantic is close to winning U.S. regulatory approval to buy GTE for $79.5 billion after agreeing to additional concessions that will limit profits from GTE's Internet unit, analysts said.

Bell Atlantic filed a plan at the Federal Communications Commission (FCC) late Wednesday, agreeing to relinquish any gains in the value of Genuity, the Internet unit, in states where the company lacks authority to sell long-distance service. The restriction further ensures the company complies with a law barring large regional phone companies from owning or profiting from long-distance service, including Internet traffic.


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BEL 53.94 -0.69

GTE 64.75 -0.62


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The FCC could act on the transaction as early as next week, an agency official said. Analysts predict that the Bell Atlantic-GTE deal will be approved.

''We think that the filing may?represent a breakthrough in garnering sufficient FCC support to win majority approval,'' Susan Lynner, an analyst with Prudential Securities, wrote in a research report.

Bell Atlantic and GTE announced the transaction in July 1998 and have worked to overcome the long-distance hurdles, giving regulators several proposals to resolve Internet traffic issues. The companies told the FCC they will sell 90.5 percent of Genuity to the public and retain 9.5 percent, with an option to raise that stake to about 80 percent after winning authority to sell long- distance service in Bell Atlantic's 13 states.


More business for the "Q"
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To: quidditch who wrote (11993)6/10/2000 5:35:00 PM
From: JGoren  Respond to of 13582
 
Confirms what I have seen in Sprint store. StarTac sells most. Now that the Samsung 8500 is on the shelves, it seems to be selling very well. Out of stock in the store I was at; and it's priced a lot less than the MOT StarTac.