Advertisement

TECHNOLOGY - Feb. 3, 2001

Share

* BellSouth Corp. said it plans to exit the pay-phone business by the end of 2002, partly because the boom in mobile phone usage has sapped its sales. The company, the local phone service provider for most of the Southeast, said it wants to concentrate on its high-speed, Internet and digital networks, wireless data and voice business and its operations in Latin America. BellSouth shares fell $1.50 to $41.50 on the NYSE.

Advertisement