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To: Milkman who wrote (232)	11/20/1998 6:24:00 PM
From: Steve Fancy	Respond to of 3891

Thomson Multimedia Stake Sales To Be Finalized Nov. 30 Dow Jones Newswires -- November 19, 1998 PARIS (Dow Jones)--French Finance Minister Dominique Strauss-Kahn Thursday said the sale of 30% of state-owned consumer electronics group Thomson Multimedia to four partners will be finalized on or around Nov. 30. In July, Thomson Multimedia received government approval for the sale of four 7.5% stakes to French telecommunication equipment supplier Alcatel (ALA), Japan's computer manufacturer NEC Corp. (NIPNY), software group Microsoft Corp. (MSFT) and DirectTV, a unit of Hughes Electronics of the U.S. The sale of the stakes will be part of wider agreements, involving technical, industrial and financial cooperation, the Finance Ministry said earlier in November. The cooperation agreement signed with Alcatel is aimed at developing digital network technologies, the ministry said, while the DirectTV pact involves new generation television decoders and digital television. The agreement with Microsoft targets the development of interactive television services and of products related to the Internet via television. The fourth agreement, with NEC, involves common research and development of DVD-ROM and plasma screen products, the ministry said. -Alan R. Katz; 331-5300-0303; akatz@ap.org

To: Milkman who wrote (232)	11/20/1998 6:26:00 PM
From: Steve Fancy	Respond to of 3891

FCC Proposes SkyBridge Share Airwaves With Satellite TV Cos Dow Jones Newswires -- November 19, 1998 WASHINGTON (AP)--Federal regulators moved forward on a plan Thursday that could give a boost to SkyBridge's efforts to build a global satellite network. The Federal Communications Commission proposed letting SkyBridge and others share a portion of the airwaves now used by satellite TV companies. That's one of the things SkyBridge needs to provide service. The FCC proposal, modeled after an international agreement, would be subject to revision and another vote before becoming final. SkyBridge's partners include Alcatel-Alsthom (ALA), Loral Space & Communications Ltd. (LOR) and Toshiba Corp. (J.TOS). The venture would provide other companies with network capacity to offer high-speed Internet access, video conferencing and other services to consumers. The network is to be in operation by late 2001. The FCC's biggest concern is that SkyBridge and others not cause interference to companies already operating on this portion of the airwaves. The FCC also is considering a request by Northpoint Technology to use this portion of the airwaves to transmit TV signals to direct broadcast satellite companies.

To: Milkman who wrote (232)	11/20/1998 6:27:00 PM
From: Steve Fancy	Respond to of 3891

Globalstar Gets French Telecoms License Dow Jones Newswires -- November 20, 1998 PARIS (Dow Jones)--U.S.-based Globalstar Telecommunications Ltd. (GSTRF) said Friday that it has been given a license to provide and operate a telephone network in France. The license was given by the French Economics Ministry to TESAM - 51%-owned by France Telecom (FTE) with the remainder held by Alcatel (ALA) - which is an exclusive provider of Globalstar services in 31 countries. Globalstar will offer a worldwide digital communications service via a network of 48 satellites when it begins commercial operations in the third quarter of 1999. -0- 20/11/98 11-56G

To: Milkman who wrote (232)	11/20/1998 6:29:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 3891

French Telecom License Assures Globalstar European Custom Dow Jones Newswires -- November 20, 1998 By Steve Rhinds PARIS (Dow Jones)--The French Economic Ministry's decision to grant a telecoms license to Globalstar Telecommunications Ltd. (GSTRF) assures the U.S. satellite telecoms company important custom in Europe, while giving French mobile-phone users access to its network. The license will give around one in two French mobile-phone users access to the U.S. company's network, market-watchers said Friday. "It's good for Globalstar to get a French license because it already has a customer (France Telecom Mobiles) on board," said James Downie, telecoms analyst at ABN Amro. Earlier this month, French mobile telephone service provider TESAM signed a roaming agreement with France Telecom Mobiles, giving all subscribers to the latter's Itineris service access to the Globalstar national and international networks when they come into operation in the third-quarter 1999. France Telecom Mobiles is a subsidiary of France Telecom (FTE), while TESAM - 51%-owned by France Telecom and 49%-held by telecoms equipment supplier Alcatel (ALA) - is an exclusive provider of Globalstar services in 31 countries. A France Telecom spokesman confirmed Friday that France Telecom Mobiles has 51% of the French mobile telephone market with 4.77 million subscribers. Analysts said that, while Friday's news isn't hugely significant for France Telecom, it is a positive step for Glabalstar which is trying to put together a global network in a very competitive market. "Everyone is trying to get right of way into other countries," said Downie. The Globalstar network will offer a worldwide digital communications service via a network of 48 satellites when it begins commercial operations in the third quarter of 1999.