eLEC Communications to Acquire Liberty Bell Telecom and Motorola and Boost Mobile Encourage College Students to Pursue Their Musical Aspirations

Diversified Communication Services industry news provided by Financial News USA (OTC: FNWU) eLEC Communications Corp. (OTCBB:ELEC), a telecommunications holding company and the parent company of Voice-over-IP (VoIP) services provider, VoX Communications Corp., recently announced that it has signed a letter of intent to acquire Liberty Bell Telecom, LLC, a privately-held telecommunications company that provides local and long distance telephone service in the State of Colorado. AT&T Inc. (NYSE: T) signed a three-year, $5.5 million networking contract with one of the country's largest owner of apartment complexes, the company said Monday. San Antonio-based AT&T will integrate and supply local, long-distance and toll-free services for Equity Residential Properties Trust. Equity Residential's corporate, regional and business offices will be linked by AT&T's new integrated network.

Motorola, Inc. (NYSE: MOT) and Boost Mobile® recently announced the co-sponsorship of Music Biz 101, a nationwide competition for college students with musical aspirations aged 18-26. Music Biz 101 offers "up-and-coming" music moguls the chance to win an all expense paid trip to New York City to attend the Music Biz 101 Symposium on Wednesday, April 19, 2006. Verizon Communications Inc. (NYSE:VZ) on Monday said it expects its 2006 earnings, excluding one-time items, to be roughly flat compared with last year and hinted it may spin off, rather than sell, its U.S. telephone-directory publishing business. Verizon, which last year acquired MCI Inc., said it intended to repurchase $1 billion in stock in 2006, and maintain its current dividend of $1.62 per share

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