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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): November 19, 1999
BELL ATLANTIC CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 1-8606 23-2259884
(State or other jurisdiction (Commission file number) (I.R.S. employer
of incorporation) identification no.)
1095 Avenue of the Americas
New York, New York 10036
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (212) 395-2121
Not applicable
(Former name or former address, if changed since last report)
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Item 5. Other Events
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Attached is a press release issued by Bell Atlantic on November 19, 1999
announcing the end of discussions regarding a potential combination of its Nuevo
Grupo Iusacell, S. A. de C.V. wireless properties in Mexico and cellular
properties in Northern Mexico.
Item 7. Financial Statements and Exhibits
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(c) Exhibits
Exhibit
Number
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99 Press Release, dated November 19, 1999, issued by Bell Atlantic.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BELL ATLANTIC CORPORATION
By: /s/ Doreen A. Toben
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Doreen A. Toben
Vice President - Controller
Date: November 23, 1999
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Exhibit Index
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Exhibit
Number
- ------
99 Press Release, dated November 19, 1999, issued by Bell Atlantic.
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EXHIBIT 99
For Immediate Release Contact:
November 19, 1999 Steve Fleischer, Bell Atlantic 215-963-6822
[email protected]
Bell Atlantic Terminates Discussions in Mexico
New York, NY - Bell Atlantic today announced that discussions regarding a
potential combination of its Nuevo Grupo Iusacell, S.A. de C.V. (NYSE: CEL; BMV:
IUSACELL) wireless properties in Mexico and cellular properties in the four
northern regions of the country have been terminated.
"We will continue to explore options to create a nationwide footprint in Mexico
through current licenses, acquisitions, joint ventures, or even commercial
resale agreements," said Bell Atlantic International Wireless President and CEO
Thomas A. Bartlett. "We remain committed to the Mexican market and to Iusacell's
ability to sustain industry-leading growth and profitability levels in one of
Latin America's most valuable markets."
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The Bell Atlantic Global Wireless Group, a subsidiary of Bell Atlantic
Corporation (NYSE: BEL), is one of the world's largest wireless communications
companies, with US wireless operations in 24 states and international
investments in Latin America, Europe and the Pacific Rim. Worldwide wireless
holdings total 187-million proportionate POPs (people in markets served), with
more than half in high-growth international markets like Italy, Mexico, and
Greece. The worldwide proportionate wireless customer base totaled more than 10
million as of September 1999. International proportionate subscribers comprise
nearly 25% of Bell Atlantic's global wireless customer base.
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