31.   Phone records show the suspects made collect calls to Gulf countries and received money from those places in the form of transfers to local exchange bureaus.

32.   An errant carrier, however, will be allowed to retain its PA to operate a local exchange service.

33.   Aside from being a cellular operator, Smart also operates an international gateway facility, provides paging service, and offers local exchange and interexchange carrier services.

34.   Brokers said that most foreign brokerage firms, who had been active in the local exchange late last week, did not make any significant transactions.

35.   Chu added that heavy profit-taking in the previous two sessions on the local exchange encouraged traders to shore up on stocks Wednesday.

36.   In March, Herndon-based e.spire Communications, which like Teligent is a competitive local exchange carrier, filed for bankruptcy protection.

37.   It allows any company which can provide local exchanges and which has the technical capacity to install and operate an international gateway to operate as an international carrier.

38.   Lucent sells high-speed telecommunications equipment and services to long distance and regional telephone companies, wireless and Internet service providers, and competitive local exchange carriers.

39.   McLeodUSA is one of the largest competitive local exchange carriers.

40.   Mexican stocks closed sharply lower Monday as regional bearishness fueled by Argentine equities losses spilled into the local exchange.