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April 22, 1987

FCC OKs NYNEX TO BE CABLE & WIRELESS’ ATLANTIC PARTNER

By CBR Staff Writer

Nynex Corp has now been cleared by the US Federal Communications Commission to buy the former Tel-Optik Ltd, now Private Transatlantic Telecommunications Systems Inc, Washington, marking a big step forward in Cable & Wireless Plc’s ambitious plans for a global digital fibre-optic network. And, with the Japanese now having conceded about two thirds of the companies demands on its efforts to build a trans-Pacific fibre network, the prospects for the company look decidedly bright.

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