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Technology Stocks : TCOMA -- Ignore unavailable to you. Want to Upgrade?

To: Ron Burns who wrote (539)	3/24/1998 7:29:00 PM
From: Ron Burns	Respond to of 663

30-15....go, go, go! Tele-Communications sees lower debt DENVER, March 24 (Reuters) - Tele-Communications Inc. [Nasdaq:LBTYA - news] expects its debt load to decline to $9.5 billion from $14.4 billion once it has closed on its previously announced partnership deals, executive vice president Bill Fitzgerald said on Tuesday. TCI has announced a number of joint ventures and partnership agreements in the past year. For the most part they are expected to be completed toward the end of this year's third quarter. Fitzgerald told TCI's annual investor and lenders conference that for the most part the effort to enter into partnerships has been accomplished. ''There are other transactions that we are in the midst of considering and pursuing,'' he said, but added the large majority of such deals have been announced. At the end of 1997 TCI had more than 14 million subscribers. When the partnerships and joint ventures are completed the corporate customer number will total roughly 10 million customers, while some four million customers will be counted separately as part of the partnerships, a company spokeswoman said. TCI President Leo Hindery also said on Tuesday that he expects the core customer base to grow this year in the 2-2.5 percent range.