Salomon data on telecoms

PUBLISHED : Thursday, 22 December, 1994, 12:00am
UPDATED : Thursday, 22 December, 1994, 12:00am

ON December 20, it was reported that Salomon Brothers' estimated equity issues for telecom companies would reach US$4 billion by the end of the decade.


Salomon Brothers has clarified that the figure is US$4 billion a year, or US$24 billion by the year 2000.