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GRUPO IUSACELL CONFIRMS DISCUSSIONS WITH BELL ATLANTIC

 NEW YORK, Oct. 7 /PRNewswire/ -- Grupo Iusacell, S.A. de C.V. earlier today confirmed discussions with Bell Atlantic Corporation (NYSE: BEL) to form a partnership in which Bell Atlantic will acquire an interest in Grupo Iusacell. However, Iusacell emphasized that an earlier report stating that signing was postponed at the request of Bell Atlantic was erroneous. Iusacell further reiterated that discussions continue and, when and if an agreement is reached, a joint announcement will be made.
 -0- 10/7/93
 /CONTACT: Richard J. Wolff, Mickey Mandelbaum or Mary Horne, all of Kekst & Company, 212-593-2655/
 (BEL)


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

TM -- NY085 -- 9976 10/07/93 20:13 EDT
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Publication:PR Newswire
Date:Oct 7, 1993
Words:122
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