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To: kech who wrote (20930)	1/7/1999 12:05:00 PM
From: Caxton Rhodes	Read Replies (2) \| Respond to of 152472

King Bernie loves CDMA MCI WorldCom to bid $55 bln for AirTouch-USA Today NEW YORK, Jan 7 (Reuters) - MCI WorldCom Inc. plans to bid more than $55 billion for cellular phone giant AirTouch Communications Inc. , people familiar with the deal toldUSA Today on Thursday. The all-stock offer, which could be announced as early as this week, is an attempt to out-bid Bell Atlantic Corp.'s estimated $45 billion offer and Vodafone Group Plc's estimated $55 billion offer. USA Today reported that MCI WorldCom Chief Executive Bernie Ebbers met with close advisors this week and decided to enter what is now a three-way bidding war. Both MCI WorldCom and AirTouch declined to comment to Reuters on a possible deal. MCI WorldCom in the past, however, has said it does not see wireless as a necessary part of itsproduct mix. The paper also reported rumours that Mannesmann AG , AirTouch's German ally, may also be considering a bid. Mannesman officials made no comment to the paper. Mannesmann and AirTouch are partners in Moblifunk, Germany's largest wireless network.