Bell Atlantic Corp will hold a special shareholder meeting on Friday November 8 to vote on its acquisition of Nynex Corp. It says it will invest $6bn to $7bn a year in infrastructure once it completes the acquisition, including more than $5bn in basic network infrastructure such as ISDN and Asymmetric Digital Subscriber Loop and an another $1bn to $1.2bn in cellular services. It says it will take six to seven years to complete an ISDN network across the merged company’s region.
