PRAGUE, Czechoslovakia -- Bell Atlantic and US West are expected to sign a $60 million deal with Czechoslovakia next week to build and operate a cellular mobile telephone network, it has been learned.
The contract would give the two U.S. regional phone companies a combined 49 percent share in the joint venture with the Czech government. The agreement is being readied for signature during the President Bush's visit to Prague, which is scheduled for Nov. 17, a senior government official said.
Both companies are among the front-runners for a much larger contract to digitize Czechoslovakia's obsolete telephone network. That deal would be worth an estimated $3 billion over the next 10 years.