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Technology Stocks : Metromedia International Group (MMG) Looking for Opinions -- Ignore unavailable to you. Want to Upgrade?


To: Quilty who wrote (162)7/13/1998 11:34:00 PM
From: Elayne Shochet Tatar  Read Replies (1) | Respond to of 353
 
Company news:

METROMEDIA INTL GROUP INC said that its wholly owned subsidiary,
Metromedia International Telecommunications Inc. had sold its
interest in Protocall Ventures Ltd. to Dolphin Telecom PLC, a
subsidiary of Telesystem International Wireless Inc. Terms of the
deal were not disclosed. Protocall is engaged in the specialized
mobile radio business, the global communications and media company
said in a statement. With the deal closing between Metromedia and
Dolphin Telecom, Protocall has transferred its specialized mobile
radio operations in Romania and Kazakhstan to a separate
Metromedia subsidiary. (Reuters 02:53 PM ET 07/13/98)