Article: Three Telecom Leaders Announce Southern Cone Fiber-Optic Network In Argentina and Chile.

Joint Venture Among National Grid, Telefonica Manquehue

And Williams Communications

LONDON, SANTIAGO, Chile and TULSA, Okla., May 22 /PRNewswire/ --

Three telecommunications leaders from different continents today announced creation of Southern Cone Communications Company, S.A., a major new broadband fiber-optic network linking Argentina and Chile. Investing in the US$220 million joint venture are U.K.-based electric and telecom utility National Grid Group (NYSE: NGG; London); Chilean carrier Telefonica Manquehue; and Williams Communications (NYSE: WCG), a U.S.-based global provider of services to the carrier market.

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