COMPANY TOWN ANNEX
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Bell Atlantic to Enter Video Market: The company will announce within a few weeks a multibillion-dollar deal for equipment that will enable it to offer cable television to customers by year-end, Chairman Ray Smith said. He would not release any further details after the regional telephone company’s annual meeting in Wilmington, Del. The Wall Street Journal reported Friday that Bell Atlantic Corp.’s former parent, AT&T; Corp., as well as General Instrument Corp. and DSC Communications Corp., had won the contracts. The company hopes to sign up a million customers a year, who will pay between $200 and $250 for the services, he said.
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