COMPANY RESULT: PACIFIC TELESIS GROUP INC

Pacific Telesis Group Inc has reported first quarter net profit down 17.1% at $262m on revenue up 6.6% to $2.53bn. Per share fell 17.6% to $0.61.

Pacific Telesis Group Inc has reported first quarter net profit down 17.1% at $262m on revenue up 6.6% to $2.53bn. Per share fell 17.6% to $0.61.