Bell Atlantic Confirms Discussions With AirTouch

NEW YORK — Bell Atlantic (NYSE:BEL) today confirmed that discussions are taking place with AirTouch Communications (NYSE:ATI) relating to a possible business combination between the two companies. Bell Atlantic said that there can be no assurance that any transaction will result from these discussions. No timetable has been established for conclusion of these discussions. No further comment will be made until both parties have reached a definitive agreement or until discussions have been terminated.