31.   Investors shunned most telecom companies, although upstarts like Qwest Communications and Global Crossing got raves.

32.   It has also sacked several corrupt officials in the state telecoms company and the customs department.

33.   It was almost like an arms race, where the incumbent telecom companies felt the pressure to invest themselves as well.

34.   Like other large telecom companies, BellSouth has been receiving a cool investor reception.

35.   Many of those bailing out started their own telecom companies, becoming Lucent rivals in the process.

36.   MCI has linked with British Telecommunications Plc and Atlas has joined forces with a group of European telecoms companies to form a company called Unisource.

37.   Magically is a closely held company funded by several venture capital firms in Hong Kong and an undisclosed telecom company, according to Machirajau.

38.   Most controversial is the sale of the state telecoms company.

39.   Mueller said that Asian countries are lowering restrictions on foreign ownership of telecom companies because of huge demand for phone links from a growing middle class.

40.   Next year, the Finnish telecoms company Sonera will be setting up a WAP site that will let travelers do both before they even reach the airport.