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BELL ATLANTIC CORPORATION AND GRUPO IUSACELL, S.A. DE C.V. ISSUE JOINT STATEMENT

 PHILADELPHIA and MEXICO CITY, Oct. 7 /PRNewswire/ -- Bell Atlantic Corporation (NYSE: BEL) and Grupo Iusacell, S.A. de C.V. said they are presently in discussions to form a partnership in which Bell Atlantic will acquire an interest in Grupo Iusacell.
 When and if the companies reach agreement, they will make a joint announcement.
 Iusacell is the second largest telecommunications company in Mexico, with non-wireline cellular properties covering almost two-thirds of the country's population including Mexico City, the largest city in the world.
 Mexico is a prime telecommunications market, where demand for telecommunications has increased dramatically with the rapid pace of foreign investment and overall economic growth, creating significant opportunities for growth in both the business and residential markets.
 If agreement is reached, it would substantially increase Bell Atlantic's presence in global communications markets and significantly extend its North American cellular coverage.
 /delval/
 -0- 10/7/93
 /CONTACT: Nancy Stark, 215-963-6777, or Nancy Stern, 703-351-4595, of Bell Atlantic, or Richard Wolf, Mickey Mandelbaum or Mary Horne of KEKST & Company, 212-593-2655, for Grupo Iusacell, S.A. de C.V./
 (BEL)


CO: Bell Atlantic Corporation; Grupo Iusacell, S.A. de C.V. ST: Pennsylvania IN: TLS SU: TNM

MK-LJ -- PH035 -- 9850 10/07/93 15:41 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
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