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Technology Stocks : Energis PLC (ENGSY) -- Ignore unavailable to you. Want to Upgrade?

To: Pryderi who wrote (14)	2/27/1998 1:22:00 AM
From: SteveG	Read Replies (2) \| Respond to of 33

<.Whatever the reason..> M&A? Message 3547113

To: Pryderi who wrote (14)	4/2/1998 5:10:00 PM
From: Pryderi	Respond to of 33

Big jump in price today on this news: Deutsche Telekom, Energis and France Telecom today announce the creation of a new company, MetroHoldings Limited. MetroHoldings will build new local metropolitan area telecom networks in Britain's principal cities, starting in London, thereby extending Energis' existing national network, creating direct links with business customers. Following London, the next cities are expected to be Manchester and Birmingham. MetroHoldings is owned 50% by Energis and 25% each by Deutsche Telekom and France Telecom. MetroHoldings will deliver state-of-art, local telecoms networks more rapidly and more cost effectively than if the three partners were to build these networks on their own. The networks will deploy the latest SDH broadband fibre optic transmission technology - the same technology as used in Energis' existing national network. The new network will allow the partners and Global One to develop a full range of innovative, value added services to better serve the needs of business customers in the UK, such as national and international voice and data services and City Nets. This will enable businesses directly to receive higher quality, higher reliability and lower cost services. energis.co.uk