Playing the Telecom Scramble
COMPANY STOCK PRICE COMMENTS 52-WEEK RECENT* HIGH & LOW BROOKS FIBER 36 1/2 & 26 33 1/8 Strong local phone network in some PROPERTIES second-tier cities. Might be a good addition for companies looking to crack the local market. CABLE & 25 1/4 & 18 1/4 23 5/8 Major force in Britain and Asia, WIRELESS making company alluring for global telecom giants hoping to enter overseas markets. FRONTIER 33 3/8 & 25 3/8 30 5/8 Another potential target for the likes of Sprint and WorldCom. Aggressively building its local and long-distance network. GTE 49 1/4 & 37 3/4 43 3/8 In both local and long-distance markets. Could be an attractive partner or takeover target. *Price as of Nov. 11 DATA: BLOOMBERG FINANCIAL MARKETS, BUSINESS WEEK
Updated June 14, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.