Bell Atlantic And NYNEX Applaud Department Of Justice Merger Decision

Bell Atlantic And NYNEX Applaud Department Of Justice Merger Decision

April 24, 1997

Media contacts:

Bell Atlantic

Eric Rabe



Susan Kraus


NEW YORK, NY, -- Bell
Atlantic Corp. (NYSE:BEL)
NYNEX Corp. (NYSE:NYN) today praised
the decision by the Department of
Justice concerning the planned merger of Bell Atlantic and NYNEX. The
Companies now require only Federal Communications Commission (FCC)
approval to close the transaction.

Bell Atlantic Chairman and CEO HREF="http://www.ba.com/speeches/profiles/smith.html">Ray Smith said,
"We're extremely
pleased with the Department of Justice's decision, which came after a
thorough and comprehensive review. Our merger will continue to open
communications markets -- local, long-distance and video -- and help
realize the promise of the 1996 Telecom Act."

NYNEX Chairman and CEO Ivan Seidenberg
said, "The merger of Bell
Atlantic and NYNEX will promote customer choice, innovation and
economic growth in the communities we serve. We are looking forward
to the integration of our companies and the launch of the new Bell
Atlantic. We intend to be our customers' first choice for
communications and information services."

The proposed merger
between Bell Atlantic and NYNEX
was announced
April 22, 1996. The combined corporation, to be named Bell Atlantic
and headquartered in New York City, will serve 39 million telephone
access lines and nearly 5 million wireless customers in 13 states, the
District of Columbia, and around the world. The merger has received
approvals from all the necessary state regulatory authorities, and
shareowners of both companies overwhelmingly approved the merger at
special meetings in November 1996.