NYNEX INCREASES FOCUS ON EMERGING MARKETS -- Creates Asia Communications Group, Names Officer -- Expands Worldwide Group to Include Media Interests

September 21, 1995

NYNEX CONTACT: Media Relations,
(212) 395-0500


Asia Communications Group, Names Officer -- Expands Worldwide

Group to Include Media Interests

NEW YORK -- NYNEX (NYSE:NYN) announced today the creation of a

new business group -- NYNEX Asia Communications Group -- to focus

its resources and build on its success in the worlds most explosive

growth market for communications services.

At the same time, NYNEX also said it is expanding its Worldwide

Services Group, and renaming it the Worldwide Communications and

Media Group, to concentrate its resources on opportunities in

emerging high-growth media and information services markets.

The president of NYNEX Asia Communications will be Arthur J.

Troy, chief operating officer of TelecomAsia, NYNEXs joint venture

in Thailand. He will report to Frederic V. Salerno, NYNEX vice

chairman - Finance and Business Development.

Richard W. Blackburn, president and group executive of NYNEX

Worldwide Communications and Media Group, adds responsibilities

for wireless cable television and for entertainment and information

services. He will continue to have responsibility for NYNEX CableComms,

the corporations cable television and communications subsidiary

in the United Kingdom, as well as wireless, publishing and international


With these changes, NYNEX is aligning itself more closely with

its future strengths and market opportunities, and positioning

itself to succeed in a global, digital media environment, said

Ivan Seidenberg, NYNEX chairman and chief executive officer.

Seidenberg noted that Asia -- with three of the worlds most populous

nations having less than one telephone line per 100 people --

is the highest-potential telecommunications growth region in the

world, and that NYNEX is already a major player in the region,

with partnerships and joint ventures building a total of nearly

3 million lines in Thailand, the Philippines and Indonesia.

NYNEX is pursuing a high-growth strategy in Asia, and our new

business group will enable us to focus the resources and leadership

attention necessary to achieve the extraordinary promise and full

value of our investments there, he said.

Fred Salerno has been the architect of our strategy and our relationships

in the region, and Art Troy has turned TelecomAsias commitments

into reality. They will make a first-class team.

Seidenberg noted that NYNEX also has numerous opportunities in

emerging industries -- notably cable television, entertainment

and information services, and wireless communications -- and that

reorienting NYNEXs Worldwide group will ensure that the corporations

assets and relationships with its numerous new partners will be

most effectively managed.

The Worldwide Communications and Media Group will bring together

media businesses -- NYNEX Entertainment and Information Services,

NYNEX CableComms (its United Kingdom cable TV and telecommunications

subsidiary), and NYNEXs interest in wireless TV provider CAI --

with information and entertainment providers, including NYNEX

Information Resources Company, and NYNEXs strategic relationships

with Viacom and TELE-TV.

The expanded Group also will unify NYNEXs wireless communications

interests -- Bell Atlantic NYNEX Mobile, NYNEXs Greek cellular

partnership in STET Hellas, and its national alliances with Bell

Atlantic, AirTouch and US West in two companies called PCS PrimeCo

and Tomcom. The Group will continue to include NYNEXs communications

operations outside of Asia and the United States, including FLAG

(Fiberoptic Link Around The Globe), which is building the worlds

longest undersea fiber optic cable.

NYNEX provides a full range of communications services in the

northeastern United States and selected markets around the world,

including the United Kingdom, Thailand, Gibraltar, Greece, Indonesia,

the Philippines, Poland and the Czech Republic. The company has

expertise in telecommunications, cable television, directory publishing,

video entertainment, and information network and delivery services.

NOTE: descriptions of NYNEX Asia Communications and NYNEX

Worldwide Communications and Media Group follow.

NYNEX Asia Communications

NYNEX is a major communications provider in Asia, with joint

ventures in Thailand, Indonesia and the Philippines, as well as

under Asian seas:

Thailand: through TelecomAsia, its joint venture

with the Charoen Pokphand (CP) Group, one of Thailand's largest

conglomerates, NYNEX is constructing and operating a 2 million-line

telecommunications network -- the size of Manhattans. TelecomAsia

also has received government approval to build an additional 600,000

lines. A TelecomAsia subsidiary also is providing cable TV services

in Bangkok over its fiber backbone network.

Indonesia: NYNEX is a partner in network construction

projects building more than 200,000 lines and providing network

monitoring and management systems.

The Philippines: NYNEX and its partners in Bayan

Telecommunications Holdings Corp. hold licenses to install a minimum

of 300,000 telephone lines in metropolitan Manila and the Philippines


NYNEX also is the managing sponsor of FLAG (Fiberoptic Link Around

the Globe), a worldwide project with particular value to Asia.

FLAG will link Japan, China, Hong Kong, India and Thailand with

landing points in the Middle East and Europe. NYNEXs co-sponsors

in FLAG are from Japan, Thailand, Hong Kong, Saudi Arabia, and

the United States.

NYNEX Worldwide Communications & Media Group

NYNEXs Worldwide Communications and Media Group concentrates NYNEXs

business units, partnerships and alliances in worldwide media

and communications. Business units and relationships include:

Cellular: Bell Atlantic NYNEX Mobile (East Coast

cellular joint venture); PCS PrimeCo and Tomcom (national PCS

and cellular alliances with Bell Atlantic, AirTouch and US West);

STET Hellas (Greek partnership with Italian conglomerate STET).

Entertainment and information services: NYNEX Entertainment

and Information Services; NYNEX Information Resources Company

(domestic and international directory and multimedia publishing);

TELE-TV (strategic alliance with Pacific Telesis and Bell Atlantic);

Viacom (strategic relationship).

Worldwide communications, including cable TV: NYNEX

CableComms (UK cable TV and telecommunications subsidiary); CAI

(joint interest with Bell Atlantic in wireless TV provider); FLAG

(Fiberoptic Link Around the Globe) (undersea fiber optic cable);

and Gibraltar NYNEX Communications.

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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