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To: Scrapps who wrote (6170)4/29/1999 10:13:00 AM
From: Michael F. Donadio  Read Replies (2) | Respond to of 9236
 
Thanks Scrapps,
Here is some news about Alcatel's further market growth:
marketwatch.newsalert.com

BellSouth Corporation Signs Worldwide Supplier Agreement with
Alcatel


PR Newswire - April 29, 1999 08:16

PLANO, Texas and ATLANTA, April 29 /PRNewswire/ -- Alcatel (NYSE: ALA) is the first supplier to complete a strategic worldwide supplier agreement with BellSouth, enabling Alcatel to sell to all of BellSouth Corporation's (NYSE:BLS) affiliate companies without having to negotiate separate agreements with each entity.

The master agreement encompasses Alcatel's sales to BellSouth Telecommunications, Inc., BellSouth Wireless' entities,
BellSouth Long Distance, BellSouth Entertainment, and BellSouth.net through 2003. By consolidating its purchasing power, BellSouth is expected to generate volume- based savings and reduce its total number of vendors.

"Few suppliers offer the global presence and breadth of products available from Alcatel," said Sid Boren, BellSouth Corporation's Executive Vice President. "Alcatel is on the leading edge of a partnering agreement that provides a model on how BellSouth is driving out unnecessary costs."

"This worldwide supplier agreement enables Alcatel to quickly bring together our expanding worldwide solutions," said Krish Prabhu, CEO of Alcatel USA. "As Alcatel expands into more Internet solutions, we hope to bring those solutions to BellSouth's growing marketplace. We currently offer our ADSL, Litespan(TM) Next Generation Digital Loop Carrier (NGDLC) and STP solutions, plus a full line of digital cross connects." ....

All the best,
Michael




To: Scrapps who wrote (6170)4/29/1999 10:46:00 AM
From: SecularBull  Read Replies (2) | Respond to of 9236
 
Just shifted a sizable portion of my 401(k) into AWRE (in addition to that already held in after-tax accounts).

LoD