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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?


To: B Kelly who wrote (3598)4/24/1999 1:06:00 AM
From: Andmoreagain  Read Replies (1) | Respond to of 6846
 
Maybe I missed something, but doesn't the KPNQwest venture fit into this scheme in some way?



To: B Kelly who wrote (3598)4/24/1999 10:49:00 AM
From: MangoBoy  Respond to of 6846
 
<< Excuse my ignorance, but how would building a trans ocean network be cheaper than buying an already laid network? >>

Buying GBLX/FRO would cost around $35-40B (QWST's market cap is $30B). I'll bet that the total cost of all of GBLX's current and planned transoceanic crossings is well under $8B.