11.06.1996Corporate

Communications Workers of America, Bell Atlantic and NYNEX Pledge to Work Together in Merged Company

November 6, 1996

CONTACT: Susan Kraus, NYNEX, 212-395-0500
Eric Rabe, Bell Atlantic, 703-974-3036

Communications Workers of America, Bell
Atlantic and NYNEX Pledge to Work Together in Merged Company

The management of NYNEX and Bell Atlantic and the
Communications Workers of America (CWA) have reached an agreement to work
together in the merged company in a partnership based on mutual trust and
respect.

The agreement, signed by executives from both companies
and the union, is attached.

Following is a statement by CWA President Morton
Bahr:

"This agreement, reached after months of discussion,
establishes a framework for the relationship the CWA will have with the
new Bell Atlantic. We are confident there is a mutual trust between the
companies and the CWA that will enable the merged company and the members
of the CWA to grow and succeed together.

"We're certain that through the full utilization
of our CWA members' skills and abilities blended with the most innovative
and effective technologies, we can better serve our communities and our
customers, while providing job security for our members."

NYNEX and Bell Atlantic said, "We are gratified
that we have been able to achieve this agreement. Ever since we announced
our intentions to merge, we have made it clear that our employees will be
treated fairly in the new company. We are committed to working for the long-term
benefit of all our employees by creating a strong, vibrant company that
can prosper in a new competitive environment."

# # #

Following
is a complete text of the agreement:

Building for the Future

- A Compact -

The New Bell Atlantic

and

The Communications Workers
of America

The management of NYNEX and Bell Atlantic and the
Communications Workers of America pledge to work together in the new Bell
Atlantic Company for commonly shared purposes and values in a true partnership
based on mutual trust and respect.

Joined at all levels of the enterprise in a spirit
of cooperation, we commit to achieving our common goals of competitive performance
and exceptional service to the communities we serve through the full utilization
of our human skills and abilities blended with our most innovative and effective
technologies.

As our two parent companies will join to better
serve their customers and stockholders, so will we forge a team of men and
women, management and vision, to make the achievement of this goal a reality.
Together, we will create a new enterprise based on a human relations model
that will set a standard for commitment to each stakeholder for the twenty-first
century and beyond.

We recognize that such an ambitious undertaking
can only be achieved over time with all concerned demonstrating a willingness
to be innovative and a willingness to change. As we proceed in the design
and implementation of this new compact we will face difficult challenges
which will test the mettle of all involved.

We therefore pledge to work diligently together;
to preserve:

- The company, by respecting the vital role played
by each individual employee and honoring the indispensable role of the union
as it responds to andarticulates the concerns and aspirations of the men
and women of the new Bell Atlantic;

- The union, by accepting its important role in
meeting competitive challenges as difficult choices affecting the enterprise
and its employees unfold;

- The employees at all levels of the organization,
by grasping opportunities and challenges being offered and responding with
enthusiasm and commitment.

On this day, Nov. 5, 1996, the officers of Bell
Atlantic and NYNEX and the leaders of the Communications Workers of America
attest their affirmation of the Compact presented here.

# # #

The agreement reached by the Communications Workers
of America, Bell Atlantic and NYNEX was signed by the following
individuals:

Morton Bahr, president, Communications Workers
of America

James G. Cullen, Bell Atlantic vice chairman

James J. Dowdall, NYNEX vice president for
labor relations

Donald B. Reed, NYNEX president and group
executive

P. Tyler Williams, Bell Atlantic vice president
for labor relations


FAX copies of recent NYNEX news releases are available free of
charge, 24 hours a day. Call 1-800-331-1214 and an automated system will
provide instructions.