AT&TLatinAmerica (ATTL)

[SheTrade]

I know that Fidelity Brokerage took more than half a day to show ATTL...(not unusual for them from my experience. Slow at everything online). E-Trade was quick to have ATTL entered and still kept FCLX available; however, when looking for last trades, info was unavailable. ATTL seemed almost frozen...I wondered if everything was going smoothly with the changes and the brokerages. I did not see individual trades today though, so I can't really judge that. I was also told that Yahoo was a mess as far as ATTL info.

Did anyone notice the elimination of news that showed on AOL at the end of the day? First release said something along the line of, "no affect on the stock price", then later wasn't there! That's why I feel there were problems in the changeover with a brokerage or two. Unfair press perhaps?

I have 30k in this one and certainly have the patience to wait while the word gets around to the big leagues. Soon would be nice though! lol

[Drillbit]

Thank you SheTrade and Racine2000, let's build this,

Most folks could not get their brokerage accounts changed to reflect ATTL. Yahoo has no listing today for information either unless you look very hard. In essence, I am saying that we need to be found by the investing community. I would like to know when ATTL is starting their roadshow.

We have the right stock in the right area of the world at precisely the right time. We just need to show our goods and potential.

[Drillbit]

Tuesday August 29, 7:16 am Eastern Time
Press Release
AT&T Latin America Completes Merger With FirstCom and Begins Trading On the NASDAQ Under the Symbol ``ATTL''
First Day of Trading Marks Official Launch of the New Company
MIAMI--(BUSINESS WIRE)--Aug. 29, 2000--AT&T Latin America, the region's newest full-service telecommunications provider with operations in five Latin American countries, begins trading today of its Class A common shares on the NASDAQ National Market under the symbol ATTL.

AT&T Latin America's public listing results from its merger with FirstCom Corporation, which was completed yesterday after a special meeting in New York for FirstCom shareholders. This merger is a key move in AT&T's strategic plan for Latin America, which began with AT&T's acquisition of two Latin American communications companies during the past year - Netstream in Brazil and Keytech LD in Argentina.

``We are excited about the launch of AT&T Latin America, and look forward to working with the associates of this new company to serve the needs of business customers in the region,'' said C. Michael Armstrong, chairman and CEO of AT&T. ``Patricio Northland and his team bring a strong entrepreneurial approach to the business, while sharing AT&T's standards of quality and service.''

``I am honored and delighted to lead AT&T Latin America Corp.,'' stated Patricio E. Northland, president and CEO of AT&T Latin America. ``With an experienced team in place, I look forward to executing our business plan and achieving our mission of becoming a leading provider of advanced communications services to businesses in key Latin American markets.''

Ownership of the company on a fully diluted basis is as follows: AT&T Corp. will own approximately 58% in the form of Class B common shares; former FirstCom shareholders will own approximately 34% of the company; SL Participacoes, an affiliate of Promon, one of the leading engineering firms in Brazil and former owner of Netstream, will own approximately 7%, and the former owners of Keytech LD will own slightly less than 1%. Holders of Class A common stock have one vote per share and holders of Class B preferred stock have ten votes per share.

Former FirstCom shareholders are entitled to receive one share of Class A common stock of AT&T Latin America for each share of FirstCom common stock they own.

The AT&T Latin America Board of Directors will be comprised of Patricio E. Northland, who will act as chairman, five AT&T Corp. representatives and three independent directors.

AT&T Latin America is a U.S.- based organization with a strong in-country presence in Argentina, Brazil, Chile, Colombia, and Peru. Today the company has more than 1,100 employees and provides advanced, last-mile voice and data connectivity in key business market in the five countries. As of June, 2000, AT&T Latin America's high speed fiber network reached more than 3,000 route kilometers or 95,000 fiber kilometers in eleven principal metropolitan areas in South America, and connects data and Internet customers in Brazil (more than 700), Chile (more than 1,000), Colombia (more than 400), and Peru (more than 500). It offers broadband communications services through its own high-speed networks, which are capable of carrying a variety of data, Internet, voice, video-conferencing and electronic commerce traffic over a common IP based platform.

AT&T Latin America also intends to offer global connectivity through its linkages and relationships with AT&T Global Network Services (AGNS) and Concert, and to distribute the services offered by both entities. AGNS offers a portfolio of managed network services for enterprise connectivity, collaboration, and network outsourcing, while Concert offers facilities based communications solutions for multinational companies and other business customers and institutions worldwide.

AT&T Latin America's goal is to become a strategic partner for each of its customers, providing the advanced communications services they need. The company intends to provide the knowledge and experience to partner with customers to make a lasting difference to their businesses.

About AT&T Corp.

AT&T Corp.(www.att.com) is among the world's premier voice, video and data communications companies, serving more than 80 million customers, including consumers, businesses and government. AT&T has annual revenues of more than $62 billion and 160,000 employees, and provides services to customers worldwide. Backed by the research and development capabilities of AT&T Labs, the company runs the world's largest, most sophisticated communications network, is the largest cable operator in the U.S., and has one of the largest digital wireless networks in North America.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The foregoing statements involve known and unknown risks and uncertainties that may cause AT&T Latin America and FirstCom's actual results or outcomes to be materially different from those anticipated and discussed in this press release. Except for historical information contained in this press release, the matters discussed contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors detailed in the Company's filings with the Securities and Exchange Commission, which readers are urged to read carefully in assessing the forward-looking statements contained herein

A registration statement relating to AT&T Latin America's Class A stock has been filled with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or solicitation of an offer to buy nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.


--------------------------------------------------------------------------------
Contact:

AT&T Latin America
Lydia R. Rodriguez
305/774-2368 (office)
305/613-6767 (cell)
[e-mail]
or
AT&T Corp.
David J. Caouette, 908/221-6382
[e-mail]
or
AT&T Corp.
Sue Fleming
908/221-8824 or 908/230-3042
[e-mail]
or
Brainerd Communicators
Lernardo Santiago, 212/986-6667
[e-mail]

[racine2000]

News...

Canadian Market News from Market News Publishing, 08/29/2000 11:39
NASDAQ STOCK MARKET - AT&T LATIN AMERICA - FIRSTCOM CORP - AT&T Latin America Lists on Nasdaq [216]


Listing Follows Yesterday's Merger with formerly Nasdaq-listed





FirstCom





AT&T Latin America will begin trading this day on The Nasdaq Stock Market under the symbol ATTL. The Coral Gables, Florida-based company, resulting from the merger of FirstCom Corporation with AT&T Latin America Corp., is the most recent addition to a growing list of new issues that have joined Nasdaq.





"We are proud to add AT&T Latin America to our family of companies on Nasdaq," said Frank Zarb, Chairman and CEO, Nasdaq. "We believe that the strategy, vision, and growth prospects of AT&T Latin America are reflective of the types of issuers in our market that are playing a key role in shaping the new economy."





"We are proud to see AT&T Latin America trading on an exchange with the prestige of The Nasdaq Stock Market, former home of FirstCom," said Patricio E. Northland, president and CEO of AT&T Latin America.





AT&T Latin America has operations in Argentina, Brazil, Chile, Columbia and Peru. The Company will provide technologically advanced first mile data and voice connectivity, while providing the knowledge and experience to partner with business customers to make a lasting difference. It will establish a full range of quality business services, one-stop shopping, and customer service in countries where it operates.





The Nasdaq Stock Market lists nearly 5,000 companies, has a larger dollar volume, and trades more shares per day than any other market in the world. Nasdaq is a subsidiary of the National Association of Securities Dealers, Inc. (NASD), the largest securities-industry, self-regulatory organization in the United States. For more information about Nasdaq, visit the Nasdaq Web site at www.nasdaq.comSM or the Nasdaq NewsroomSM at www.nasdaqnews.com. TEL: [phone] Scott Peterson, The Nasdaq Stock Market TEL: [phone] Judy Inosanto, The Nasdaq Stock Market















































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Companies or Securities discussed in this article: Symbol Name
NASDAQ:NASDAQ
NASDAQ:FCLX FirstCom Corporation
NASDAQ:ATTL



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[Drillbit]

ATTL hired a PRO to handle the future!



Wednesday August 23, 5:21 pm Eastern Time
Press Release
FirstCom Corp. Adds Lehman Bros. Executive to Management Team
Mickey Schleien Named V.P. - Corporate Development and Acting CFO
MIAMI--(BUSINESS WIRE)--Aug. 23, 2000--FirstCom Corporation (Nasdaq:FCLX - news), an emerging next generation telecommunications carrier with facilities based fiber optic networks in Chile, Peru and Colombia which is in the process of merging with AT&T Latin America, has appointed Mickey M. Schleien, CFA, --formerly senior vice president at Lehman Brothers--as vice president, corporate development and acting CFO.

Schleien will be a key advisor to the senior executive team on merger and acquisition matters as well as on strategic planning and capital raising, and will report directly to FirstCom's chairman, president and CEO, Patricio Northland.

Schleien, a Bolivian native and U.S. citizen, has amassed extensive experience in the financial and communications sectors throughout the Latin American region during his tenure in some of the country's most respected investment banking organizations.

``I am very pleased to welcome Mickey into the FirstCom family as he brings the right combination of financial and communications sector experience at a critical time,'' stated Northland. ``His knowledge and understanding of both the U.S. financial markets and of the Latin American communications business, as well as proven strategic counsel, will help us to quickly identify and seize appropriate new opportunities, consistent with our growth strategy. ''

While at Lehman Brothers, Schleien covered the telecommunications service sector in Latin America where he evaluated telcos in the wireline, wireless, and data businesses to support the firm's institutional clients and investment banking activities. Here, he was instrumental in taking several noteworthy Latin American companies through their IPOs and other strategic transactions, including Telefonos de Mexico, Grupo Iusacell and Conecel, among others, as well as completing the bond offering for Brazil's Telesp.

Schleien also worked with Morgan Stanley and Union Bank of Switzerland. A Chartered Financial Analyst, Schleien holds an MBA in Finance from Loyola-Marymount University and a B.S. in Chemistry from University of California in Los Angeles.

About FirstCom Corporation

FirstCom Corporation operates as a publicly traded (NASDAQ: FCLX - news) competitive local exchange carrier in four major metropolitan business centers in Chile, Colombia and Peru. With annual revenues in 1999 of $38MM and approximately 650 employees at year-end, FirstCom owns and operates a technologically advanced, fiber optic IP/ATM backbone-network and provides a wide range of integrated communications services

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: The foregoing statements involve known and unknown risks and uncertainties that may cause AT&T Latin America and FirstCom's actual results or outcomes to be materially different from those anticipated and discussed in this press release. Except for historical information contained in this press release, the matters discussed contain forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors detailed in the definitive proxy statement described below, which readers are urged to read carefully in assessing the forward-looking statements contained herein. In connection with the FirstCom/AT&T Latin America merger, FirstCom has filed a definitive proxy statement and AT&T Latin America has filed a registration statement on Form S-4. We urge investors and security holders to read the definitive proxy statement and registration statement before they make a decision concerning the merger. Security holders may obtain a free copy of those documents and other documents filed by FirstCom Corporation at the SEC's web site at www.sec.gov <http://www.sec.gov>. In addition, documents filed with the SEC by FirstCom may also be obtained from FirstCom Corporation by directing such request to FirstCom Corporation, 220 Alhambra Circle, Coral Gables, Florida 33134, Attention: General Counsel, Thomas C. Canfield [phone]. The members of the board of directors of FirstCom Corporation are Patricio E. Northland, George Cargill, Andrew Hulsh and David Kleinman. As of the date hereof, there are no other ``participants in the solicitation,'' within the meaning of Rule 14a-12 under the Securities Exchange Act of 1934, as amended. Information concerning the directors is set forth in the Definitive Proxy Statement filed with the SEC. This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consent with respect to any Senior Notes.


--------------------------------------------------------------------------------
Contact:

FirstCom Corporation, Miami
Maria Pis-Dudot, 305/459-6362 (office)
[e-mail]
or
Brainerd Communicators, New York
Leonardo Santiago, 212/986-6667 (office)
[e-mail]

[Drillbit]

Note the Brokerages that will cover ATTL! AT&T LatAm files to sell 35 mln shares in U.S.
(UPDATE: Adds details)

WASHINGTON, Aug 7 (Reuters) - The Latin America subsidiary of U.S. telecommunications giant AT&T Corp. (NYSE:T - news) on Monday filed with U.S. regulators to sell 35 million shares of Class A common stock in a public offering that could raise as much as $543 million.

Coral Gables, Fla.-based AT&T Latin America Corp., which provides broadband communications services to major cities in Argentina, Brazil, Chile, Colombia and Peru, did not specify the price per share in a prospectus filed with the U.S. Securities and Exchange Commission.

``Our communications services integrate data, Internet, local and long distance voice, video and electronic commerce services,'' the company said in the prospectus.

Incorporated in October 1999, AT&T Latin America began operations in Brazil in December 1999 when it acquired Netstream Telecom and also owns and operates high-speed fiber optic networks in Brazil.

``Our objective is to be a leading provider of broadband communications services to business customers in the countries in South America and the Caribbean, plus Panama, but excluding Venezuela and Cuba,'' the company said.

The company said it would use the net proceeds from the offering to expand its communications networks, to repay some of the funds borrowed under its $100 million credit with an AT&T Corp. affiliate, as well as for working capital and other general corporate purposes.

The company said the offering would be made to the public after it merges with FirstCom Corp. (NasdaqSC:FCLX - news), a telecommunications provider with operations in Chile, Colombia and Peru. After the merger, which is expected to be completed by Aug. 31, the company will its shares on Nasdaq under the symbol ``ATTL'' (Nasdaq:ATTL - news).

FirstCom provides broadband communications services in Santiago, Chile, Lima, Peru, and Bogota and Cali, Colombia. Its shares closed up 3/4 to 13-1/8 on Nasdaq.

AT&T Latin America posted $16.1 million in net revenue and about $38.3 million in net losses during the first three months of 2000, according to the filing.

The underwriters, Morgan Stanley Dean Witter, Credit Suisse First Boston, Merrill Lynch & Co., J.P. Morgan & Co. and Salomon Smith Barney have been allotted 5.225 million additional shares in the event of heavy demand.

AT&T Latin America's Class A shares will carry one vote while Class B shares, held by the AT&T parent, carry 10 votes each.

[SheTrade]

Congrats Drillbit!

What a great Chairman of the Board you will make! Thanks!
I was just about to post the latest news you just did...I didn't like how they phrased that "won't be adding to the commuication's giant profit"...newbies might take that the wrong way. SheTrade Good Luck to all of us in the near and distant future.

[Drillbit]

AT&T Latin America debuts
NameZero gets $25 million in funding

By Steve Gelsi, CBS.Marke****ch.com
Last Update: 10:11 AM ET Aug 29, 2000 NewsWatch
Latest headlines

NEW YORK (CBS.MW) -- AT&T Latin America's stock kicks off Tuesday, with 35 million shares hitting the Nasdaq following a merger between Ma Bell and FirstCom.
Although it's not an initial public offering, AT&T Latin America marks one of the few stock debuts in a quiet week ahead of Labor Day as the new issues market takes its traditional summer break.

Billed as the region's newest full-service telecommunications provider with operations in five Latin American countries, AT&T Latin America (ATTL: news, msgs) begins trading its Class A common shares on the Nasdaq.

FirstCom (FCLX: news, msgs) shares rose 15/16 to 17 11/16 on Monday.

Under the merger, FirstCom will get one share of AT&T Latin America Class A common stock for each share of FirstCom that they own. The swap got shareholder approval on Monday.

The Coral Gables, Fla.-based FirstCom provides broadband communications with fiber-optic networks in Argentina, Brazil, Chile, Peru and Colombia. Earlier this month it posted second-quarter revenue of $14.3 million, up from $9.8 million in the year-ago period.

But like the larger AT&T (T: news, msgs) unit ExciteAthome (ATHM: news, msgs), FirstCom isn't adding to the communication giant's profit. See full story.

FirstCom rang up a loss of $14.5 million, or 46 cents per share vs. a loss of $9.9 million, or 50 cents per share, last year.

"This merger is a key move in AT&T's strategic plan for Latin America," the companies said in a statement.

AT&T also bought Netstream in Brazil and Keytech LD in Argentina.

AT&T will own approximately 58 percent of AT&T Latin America in the form of Class B common shares; former FirstCom shareholders will own approximately 34 percent of the company; SL Participacoes, an affiliate of Promon, one of the leading engineering firms in Brazil and former owner of Netstream, will own approximately 7 percent and the former owners of Keytech LD will own slightly less than 1 percent.

[Drillbit]

FirstCom gets OK for AT&T Latin America deal
NEW YORK, Aug 28 (Reuters) - Latin American telephone company FirstCom Corp. (NasdaqSC:FCLX - news) said on Monday its shareholders approved a merger with AT&T Latin America Corp., clearing the way for the companies to close their deal later this week.

Shares of AT&T Latin America, a subsidiary of long-distance telephone company AT&T Corp. (NYSE:T - news), will begin trading on Nasdaq on Tuesday under the symbol ``ATTL.''

Under the merger plan, FirstCom shareholders will get one share of AT&T Latin America Class A common stock for each share of FirstCom common stock they own.

AT&T Latin America owns and operates high-speed fiber optic communications networks that are capable of carrying data, Internet, voice and video conferencing services. FirstCom provides telecommunications services in in Chile, Colombia and Peru.

FirstCom shares gained 1/2 to $17-1/4 on Nasdaq