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To: Neal Hopper who wrote (30327)1/21/1998 5:58:00 PM
From: MangoBoy  Read Replies (1) | Respond to of 31386
 
[Bell Atlantic in talks for high-speed data acccess]

what does this mean for WSTL?

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NEW YORK, Jan 21 (Reuters) - Bell Atlantic Corp (NYSE:BEL) said it is in talks to join a consortium of computer industry heavyweights and Baby Bell companies seeking to provide higher speed Internet access using regular telephone lines.

As reported by the New York Times on Tuesday, Compaq Computer Corp (NYSE:CPQ), Intel Corp (NASDAQ:INTC) and Microsoft Corp (NASDAQ:MSFT) have joined with four regional Bell companies and GTE Corp (NYSE:GTE) to set new standards for digital subscriber line (DSL) technology.

"Bell Atlantic agrees with the consortium objectives as they relate to delivering DSL technology to market quickly and affordably through the promotion of standards," the company said in a prepared statement.

Bell Atlantic said it has been in discussions with the group for several weeks and it is finalizing plans to join the venture before it is formally announced next week.

At next week's ComNet telecommunications conference in Washington, D.C., Compaq, Intel and Microsoft are expected to announced support for a high-speed digital PC modem that works over traditional copper telephone wires.