CALIFORNIA | LOCAL
July 3, 2000 |
A proposal to change the vacant Sunset Trailer Park and adjacent property owned by GTE Corp. from commercial to residential zoning is scheduled for discussion in the Planning Commission meeting at 6:30 p.m. Wednesday. GTE is negotiating a sale with CenterStone Development Co., which plans to build eight to 12 multiple units per acre on the eight-acre site. The property is on the south side of Westminster Boulevard between Nancy Lee Drive and Rondeau Street.
July 1, 2000 |
Bell Atlantic Corp. said it completed its $60-billion purchase of GTE Corp. to create Verizon Communications, the largest local telephone company in the U.S. Regulators approved the transaction earlier this month on the condition that the companies sell some overlapping wireless properties.
June 29, 2000 |
GTE Corp. gave millions of dollars worth of fiber-optic and other communications services to a host of Hollywood notables over several years in an illegal effort to win big contracts in the entertainment industry, according to interviews and documents obtained by The Times.
June 17, 2000 |
Bell Atlantic Corp. and GTE Corp. won regulatory approval to merge in a $65-billion deal to create Verizon Communications, the nation's largest local and wireless telephone company. The Federal Communications Commission attached 25 conditions to its approval of the merger between Bell Atlantic, a local telephone company, and GTE, a long-distance, wireless and local carrier. The conditions include a requirement that the new company restrict ownership in GTE's Internet assets, Genuity Inc., to 9.
CALIFORNIA | LOCAL
June 13, 2000
O.J. Simpson on Monday lost a second bid to obtain records he says can pinpoint the time his ex-wife spoke on the phone with her parents on the night--exactly six years ago Monday--that she and a friend were slain on the steps of her Brentwood condo. Simpson was acquitted of murdering Nicole Brown Simpson and Ronald Lyle Goldman but was held liable for their deaths in a subsequent civil trial. He was seeking the phone records, which he says prove his innocence, to help overturn the $33.
June 10, 2000 |
* Bell Atlantic Corp. is close to winning U.S. regulatory approval to buy GTE Corp. for $79.5 billion after agreeing to additional concessions that will limit profit from GTE's Internet unit, analysts said. Bell Atlantic and GTE filed a plan at the Federal Communications Commission, agreeing to relinquish any gains in the value of Genuity Inc., the Internet unit, in states where the company lacks authority to sell long-distance service.