Subject: [NEXTEL-1] MCI To Sell Wireless Internet Assets To BellSouth

From: Marcel <[email-masked]>
Date: Tue, 13 May 2003 13:32:03 -0400

MCI agreed to sell its wireless Internet operations to BellSouth for USD 65 million.
According to documents filed with the Bankruptcy Court, the sale will include wireless
licenses, leases held on towers, networking equipment, and some contracts. MCI is selling
its assets for pennies on the dollar, considering that these operations were cobbled
together through a string of acquisitions that cost millions of dollars more than the
selling price.

www.wirelessNetNOW.com