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Now, Bell Atlantic Is A Cellular Player


In Business This Week

NOW, BELL ATLANTIC IS A CELLULAR PLAYER

Catching up with its fellow Baby Bells in the acquisition of fast-growing cellular phone properties, Bell Atlantic on Sept. 24 agreed to snap up Metro Mobile CTS for $1.65 billion in stock and the assumption of $800 million of Metro Mobile's debt. For now, Bell Atlantic becomes the fifth-largest cellular operator in terms of potential subscribers, with 33.6 million. It gains strength in the Northeast cellular market and gets access to parts of the South and Southwest.EDITED BY SUNITA WADEKAR BHARGAVA


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