Article: BellSouth To Buy Wireless Cable Markets From American Telecasting

 
 Agreement Would Let BellSouth Reach Up to 2 Million Households 
  in Nine Southern Markets 

ATLANTA, March 19 /PRNewswire/ -- BellSouth Corporation (NYSE: BLS), the premier communications company in the South, has signed a definitive agreement to acquire wireless cable operations and assets in up to nine Southern markets from American Telecasting Inc. (Nasdaq: ATEL), a move that will allow BellSouth to extend digital wireless cable service to important new markets in Florida and Kentucky.

The BellSouth-ATEL agreement, which is subject to regulatory approval and other conditions to closing, will give BellSouth rights to ...

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