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To: SKIP PAUL who wrote (21483)	1/17/1999 10:16:00 PM
From: Ruffian	Respond to of 152472

Northern Telecom> Northern Telecom to shut plants, cut staff Journal of Commerce [ Northern Telecom ] , Canada's largest high-tech company, said this week it will close plants and eliminate up to 8,000 jobs in the next three years as it restructures to focus on Internet-related projects. The company, which has 80,000 employees worldwide, said it is shifting its focus from standard telephone equipment to cutting-edge voice and data networks using Internet technology. Chief Executive John Roth said Nortel, which now makes most of its own products, will become a so-called systems house, bringing together customers with more outside contractors. He said consolidating operations and farming out more duties to outside suppliers would give Nortel's own engineers more time to focus on developing software.

To: SKIP PAUL who wrote (21483)	1/17/1999 10:20:00 PM
From: Ruffian	Respond to of 152472

Cellular Forecast> EMC RELEASES CELLULAR SUBSCRIBER FORECAST Telecomworldwire TELECOMWORLDWIRE-(C) 1994-9 M2 COMMUNICATIONS LTD There will be a total of 1.048bn subscribers to cellular and PCS networks worldwide by the end of 2003, according to the latest forecast figures published by EMC. Of this total, 95% will use digital networks, while 33.7%, or 350m, will come from the Assia-Pacific region. The figures also show that by 2003, Hong Kong is expected to be the country with the highest penetration rate, with 90% of the people owning cellular phones. (Copyright 1999)

To: SKIP PAUL who wrote (21483)	1/17/1999 10:22:00 PM
From: Ruffian	Respond to of 152472

Air Touch On The Move> AirTouch Sets New Customer Record; 1.5 Million New Customers Added in Fourth Quarter 1998 BUSINESS WIRE SAN FRANCISCO--(BUSINESS WIRE)--Jan. 15, 1999--[ AirTouch Communications ] (NYSE:ATI) today announced that in the quarter ended December 31, 1998, the company broke all previous records for new customer additions. The company added nearly 1.5 million proportionate cellular, paging and PCS customers worldwide, 22 percent more than the previous record set in the fourth quarter 1997. AirTouch now serves a total of 17.6 million proportionate customers, up 33 percent from the end of last year. Driven by the strength of U.S. holiday promotions, AirTouch's U.S. cellular and PCS ventures picked up 547,000 proportionate customers. International cellular ventures reported their best quarter ever, adding a record 838,000 proportionate customers. AirTouch Communications is the largest wireless company in the world based on the total number of customers served by its ventures. AirTouch owns interests in cellular, paging, and personal communications services in the United States, Belgium, Egypt, Germany, India, Italy, Japan, Poland, Portugal, Romania, South Korea, Spain, and Sweden, as well as an interest in the Globalstar satellite system. AirTouch ventures serve more than 40 million total customers worldwide (over 17 million based on its ownership share of its global ventures). Note Regarding Pro Forma Data: The pro forma proportionate data included in this release reflect the [ MediaOne Group ] merger as if it had been effective on January 1, 1997, and after giving effect to the purchase method of accounting and other merger-related adjustments. These pro forma proportionate data are not necessarily indicative of the future results of operations of the combined Company or the results of operations of the combined Company that would have actually occurred. Given the significance of the MediaOne Group merger, the Company believes that it is more meaningful to show comparative results on such pro forma basis. For a fax copy of this or other AirTouch press releases, please call 1-800-344-7531 or visit the AirTouch web site at www.airtouch.com. (Copyright 1999)

To: SKIP PAUL who wrote (21483)	1/17/1999 10:26:00 PM
From: Ruffian	Respond to of 152472

Q Mentioned> Consortium Formed by New Denver Company Wins Brazil Telecom Mirror License BUSINESS WIRE DENVER--(BUSINESS WIRE)--Jan. 15, 1999--WLL [ International Inc. ] today announced that a consortium it formed, and in which it owns a 34.4% interest, has won the operating license to provide fixed telephone services in the northeast region of Brazil (the "Mirror License"), an area with approximately 90 million inhabitants. WLL, together with its partners Bell Canada International Inc. (34.4%), [ Qualcomm Inc. ] (16.2%), SLI Wireless S.A. (12.5%) and Taquari Participaoes S.A. (2.5%) formed Canbra Telefonica S.A ("Canbra") to participate in the Brazilian "Mirror Auctions." Canbra, along with Tele Norte Leste, a regional Telebras operating company, will be the two exclusive providers of fixed telephony services in the northeast region of Brazil through at least December 2001. Canbra expects to invest more than U.S. $ 1 billion in deploying state-of-the-art fixed wireless and wireline telecommunications networks in its region to effectively compete against Tele Norte Leste. In July 1998, Brazil completed Latin America's largest ever privatization through the breakup of Telebras, Brazil's former state telephone monopoly, into regional operating companies. As part of its privatization plans, Brazil's telecommunications regulatory authority, ANATEL, is auctioning mirror licenses in an effort to create competition for the regional Telebras operating companies. Canbra's concession spans a geographic area roughly equal in size to three-quarters of the continental U.S. It is comprised of 16 states and includes major metropolitan markets such as Rio de Janeiro (Latin America's fourth largest city), Belo Horizonte, Salvador, Fortaleza, Recife and Manaus. WLL believes that Brazil offers one of the most attractive telecommunications growth opportunities in the world, as evidenced by telephone penetration in Canbra's region of less than 10 lines per 100 inhabitants and a current demand backlog exceeding four million lines. WLL was formed in June 1998 to become a leading provider of fixed telephony and data services in Latin America. Current equity sponsors of WLL include Telecom Partners, Centennial Funds and Crescendo Ventures. The management team is led by Fred Vierra, chairman, David J. Leonard, chief executive officer, and Nicolas Kauser, chief technology officer. Mr. Vierra previously served as the chief executive officer of [ Tele-Communications International Inc. ] Mr. Leonard was previously president and chief executive officer of UIH Latin America, a wholly owned subsidiary of [ United International Holdings Inc. ] , a leading provider of video, voice and data services in international markets. Mr. Kauser was previously executive vice president, chief technology officer at AT&T Wireless Services Inc. responsible for all aspects of engineering and technology projects, network operations and long range planning and evolution of the network and the supporting technologies. Commenting on the Brazil license award, Mr. Leonard said, "The ability to deploy efficient, state-of-the-art telecommunications networks in a favorable regulatory climate at a relative low cost of entry makes this Brazil Mirror License one of the most unique and attractive telecom growth opportunities in the world today. We at WLL are extremely excited about the potential of our initial investment and look forward to working with such a strong and dynamic group of partners." Concerning the recent Brazilian currency devaluation, Mr. Leonard commented, "We continue to believe in the economic fundamentals of Brazil and are committed to becoming a leading telecom provider in Brazil." (Copyright 1999)