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

To: marvin smith who wrote (6474)	6/2/1998 2:12:00 PM
From: Rono	Read Replies (1) \| Respond to of 10227

All: For the "what it's worth department". GTE, my local phone provider (landline) called the other day to inform me of a 20% rate reduction for all my local lines. Why the discount? Deregulation has opened the door for competion. The monopoly GTE has enjoyed over the years will be gone starting next month. The GTE representitve said two other companies will be offering local service in my area. Those two companies are AT&T and NEXTEL. Last month I switched my long distance landine service to Nextel, now according to the GTE rep, local service will also be availble through Nextel. I don't know boo about the deregulation of the telecommunications industry, but i'm guessing (stress the guessing part) you need FCC approval to offer these services. I'm wondering if gaining FCC approval for local and long distance services is a big deal for Nextel? To this layman, it appears this local and long distance landline venture would be more appropriate for Nextlink than Nextel. How long can Nextel remain silent about their long term plans? As usual, more questions than anwsers. Regards, Ron