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To: polarisnh who wrote (7642)	5/1/1999 1:43:00 PM
From: DownSouth	Respond to of 21876

I believe that CSCO has a corporate policy against their employees participating in any kind of promotion of their stock, including participating in these threads. Wonder if Gary knows that. I could be wrong, of course, but pretty sure.

To: polarisnh who wrote (7642)	5/3/1999 1:58:00 PM
From: polarisnh	Respond to of 21876

Sprint acquires 2 wireless operators Long-distance carrier spends $210 million in buyouts By Jeffry Bartash, CBS MarketWatch Last Update: 1:38 PM ET May 3, 1999 Net Headlines Telecom Report KANSAS CITY, Mo. (CBS.MW) -- Sprint on Monday agreed to acquire wireless operators Videotron USA and Transworld Telecommunications for $210 million, fleshing out its strategy to offer high-speed Internet and other service to homes and businesses. The purchases are the latest in a string of wireless acquisitions by Sprint. Last month, the third-largest U.S. phone carrier said it would acquire wireless cable operators American Telecasting and People's Choice TV. It's now spent about a half-billion dollars since April on wireless airwaves. Shares of Spint (FON: news, msgs) rose 1 1/16 to 103 5/8 in recent trading. Sprint has been buying wireless cable and other owners of wireless licenses as part of a long-range effort, inelegantly called the Integrated On-Demand Network, to offer customers local, long-distance, wireless phone, data and Internet services all in one package. The wireless licenses would allow Sprint to bypass the Baby Bell local-phone monopolies in some cities and access hard-to-reach mid-sized firms in crowded urban business districts. Under the deals, Sprint will pay $180 million for Videotron USA, a subsidiary of Le Groupe Videotron, which owns wireless licenses serving Tampa Bay and Greenville, S.C. Videotron USA also owns a majority interest in the licenses for San Francisco, San Jose, Victorville, and Greely, Calif.; and Seattle and Spokane, Wash. Transworld Telecommunications, for which Sprint will spend, $30 million, owns the remaining interest in those markets. See press release. With a wireless telecom service, Sprint installs a 9-inch antenna on the roof or side of a home or business and points it toward a Sprint tower.