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Bell Atlantic earnings surge
Forwarded message:
>From wb8foz Thu Apr 18 18:17:29 1996
Subject: Bell Atlantic earnings surge (fwd)
To: isdn
Date: Thu, 18 Apr 1996 18:17:29 -0400 (EDT)
Reply-To: wb8foz@nrk.com
Content-Type: text
Content-Length: 903
Clarinet reports:
PHILADELPHIA, April 18 (UPI) -- Bell Atlantic Corp. reported
Thursday that its first-quarter net income rose 13.5 percent to $470.5
million or $1.07 a share, compared to $414.5 million or 95 cents a share
for the same period last year.
{}
Sales of secondary residential telephone lines totaled 205,000 in
the quarter and the number of integrated services digital network lines
in service increased 45 percent from last year to 155,000. The company
said network operating expenses for the quarter totaled $2.4 billion,
up 5.4 percent from 1995. Operating cash flow margin was 45.7 percent.
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Unless the host (that isn't close).........................pob 1433
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