The services affected would be in Verizon's long-distance and local telephone operations.

It also posted gains in its financial services, real estate and cellular telephone operations.

The prize for investors, however, goes beyond telephone operations.

This would leave the entertainment subsidiary with just its cable systems and regional telephone operations.

C-Tec is also planning to spin off its local telephone operations.

They are hoping to reach an agreement that could include an alliance between the two companies' mobile telephone operations.

Telecom shares became available to the public as part of the Government's effort to privatize its telephone operations.

Ticketmaster expanded telephone operations: 50 to 150 operators, 90 to 300 lines.

Once wired, neither unit interferes with normal television or telephone operation.

Customers could not fathom that they were dealing with a paper, pen and telephone operation.