Bell Atlantic Declares Quarterly Dividend

Bell Atlantic Declares Quarterly Dividend

November 25, 1997

Media contacts:

David Frail


NEW YORK -- The board of directors
of Bell Atlantic Corp. (NYSE:BEL)
today declared a quarterly dividend of $.77 per outstanding common
share, 6.5 percent higher than the dividend in the same quarter a year

The dividend has been increased twice in 1997. The first, from $.72
per share to $.74 per share, was declared in March. The second, from
$.74 per share to $.77 per share, was declared in the third quarter
following the merger of Bell Atlantic and NYNEX.

The dividend will be payable Feb. 2, 1998, to shareowners of record on
Jan. 9, 1998. Bell Atlantic has approximately 1.3 million registered
shareowners and approximately 776.5 million shares of common stock

In a separate action, the board authorized management to repurchase
shares from time to time for various purposes, including the
satisfaction of employee compensation plans. This action replaces a
similar authorization that expires Dec. 31, 1997. The authorization
permits the repurchase of up to $1 billion of company shares in the
two-year period beginning Jan. 1, 1998.

Bell Atlantic has no current plans to initiate a share-buyback
program. Also, as previously announced, Bell Atlantic will follow
pooling-of-interests accounting rules in repurchasing shares.

The new Bell Atlantic -- formed through the merger of Bell Atlantic
and NYNEX -- is at the forefront of the new communications,
information and entertainment industry. With 40 million telephone
access lines and 5.8 million wireless customers worldwide, Bell
Atlantic companies are premier providers of advanced wireline voice
and data services, market leaders in wireless services and the
world's largest publishers of directory information. Bell Atlantic
companies are also among the world's largest investors in high-growth
global communications markets, with operations and investments in 21