I think that AMEX was expecting GTE to act on the initial deadline and drop itself voluntarily and when it did not and in fact continued not to understand the issues AMEX has with them - AMEX then dropped the other shoe and gave them both barrels in hopes of not having to delist them. It may even be that AMEX had more issues with them.
If AMEX is not vindictive - then they are giving GTE the chance to bow out at this time - get their act together and return to some exchange once they have more experienced personnel in handling the rules on annoucements etc. and when their technology innovations and business model is stronger and able to withstand FOOL and others like him.
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