NYNEX CEO Praises Telecommunications Act Of 1996

February 8, 1996

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NYNEX CEO Praises Telecommunications Act Of 1996size>

NEW YORK, NY -- Ivan Seidenberg, NYNEX chairman and chief executive
officer, said after President Clinton signed the Telecommunications
Act of 1996:

    The President and Congress have done their job -- now it's time
    for us to do ours.

    This new law promises communications users more choice, lower
    prices and better service, and NYNEX is committed to delivering

    The legislation is complex, but the outcome will be simplicity.
    NYNEX will offer one-stop shopping for a full array of communications
    services -- local, long distance, wireline, wireless, video entertainment
    and information services -- and customers will be able to package
    what they want, the way they want it.

    NYNEX is moving aggressively to meet all requirements that will
    enable us to offer this full spectrum of communications to our
    current customers and to new customers, across the nation and
    around the globe.

NYNEX is a global communications and media company that provides
a full range of services in the northeastern United States and
high-growth markets around the world, including the United Kingdom,
Thailand, Gibraltar, Greece, Indonesia, the Philippines, Poland,
Slovakia and the Czech Republic.

The Corporation is a leader in the telecommunications, wireless communications,
cable television, directory publishing
and entertainment and information services.

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