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):
October 6, 1998
BELLSOUTH CORPORATION
(Exact name of registrant as specified in its charter)
Georgia 1-8607 58-1533433
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification
incorporation) No.)
1155 Peachtree Street, N. E., Atlanta, Georgia 30309-3610
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(404) 249-2000
Item 5. Other Events
Press Release on Analyst Meeting Comments
BellSouth Corporation issued a press release today containing
statements made at an analyst meeting in New York on October 6, 1998.
See Exhibit 99 for a complete copy of the related press release.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit No.
99 Press Release - Comments at October 6, 1998 Analyst
Meeting
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 thereunto duly authorized.
BELLSOUTH CORPORATION
By: /s/ W.Patrick Shannon
W. Patrick Shannon
Vice President and Controller
October 7, 1998
Exhibit 99
ATLANTA - BellSouth Corporation (NYSE: BLS) said at an analyst
conference in New York Tuesday that it expects the strong
fundamentals driving the company's earnings growth in 1998 to
continue to have a positive impact on performance in 1999.
"We are executing well across all three of our main strategic areas,"
said Duane Ackerman, chairman and chief executive officer. "In our
core telecommunications business, we anticipate continued strong
growth, particularly in data and digital services revenues. Our
domestic wireless business is continuing to grow profitably as we add
thousands of customers more efficiently from a cost point of view.
Our international operations are positioned to contribute an
increasing percentage of BellSouth's earnings per share (EPS) growth
as we go forward."
Ackerman said BellSouth expects normalized diluted EPS growth for
1999 as a whole to be in the 12-14 percent range.
BellSouth is a $21 billion communications services company. It
provides telecommunications, wireless communications, cable and
digital TV, directory advertising and publishing, and Internet and
data services to nearly 31 million customers in 20 countries
worldwide.
NOTE: For more information about BellSouth Corporation, visit the
BellSouth Web page at http://www.bellsouth.com/
SAFE HARBOR STATEMENT
Statements that do not address historical performance are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and are based on a
number of assumptions, including but not limited to: (1)
continued economic growth and demand for BellSouth's services;
(2) continued monetary, regulatory and political stability
where BellSouth conducts its international operations; (3) the
reasonable accuracy of BellSouth's expectations of costs and
recoveries with respect to access reform, universal service
and interconnection; (4) the reasonable accuracy of
BellSouth's estimate of regulatory authorization to provide
wireline long distance services and the impact of competition
in its markets; and (5) satisfactory identification and
completion of Year 2000 software and hardware revisions by
BellSouth and entities with which it does business. Any
developments significantly deviating from these assumptions
could cause actual results to differ materially from those
forecast or implied in the aforementioned forward-looking
statements.
