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BELLSOUTH OFFERS TO BUY TELE 2000

ATLANTA-BellSouth Corp. announced a public tender offer to purchase 54 percent to 64 percent of Peruvian communications company Tele 2000. The bid is contingent upon BellSouth acquiring at least 54 percent of Tele 2000’s outstanding shares at a price of $1.50 per share.

Tele 2000 is licensed to provide cellular service in Lima and portions of western Peru. It also provides cable television and paging communications.

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