GTE Corp is expecting to have its joint venture with AT&T Co on telephone exchanges – which over time is intended to subsume GTE’s GTD-5 switch into AT&T’s Number 5 ESS – up and running by year-end: built around GTE’s existing exchange manufacturing business, the new venture will initially be 49%-owned by AT&T, but that […]
GTE Corp is expecting to have its joint venture with AT&T Co on telephone exchanges – which over time is intended to subsume GTE’s GTD-5 switch into AT&T’s Number 5 ESS – up and running by year-end: built around GTE’s existing exchange manufacturing business, the new venture will initially be 49%-owned by AT&T, but that will rise to 80% after five years, 100% after 15.
