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Teleglobe shifts focus to data transmission following another disappointing quarter

News | August 28, 2000

Executives at Teleglobe Inc tried to put the best face possible on their company’s second quarter financial results, but no amount of spin doctoring could hide the fact that BCE Inc is buying a very troubled company. Teleglobe CFO Michael Boychuk told a conference call of investors and journalists that revenues fell in most parts of the firm.

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