February 23, 1994 RESPONSE TO BELL ATLANTIC ANNOUNCEMENT Chairman Reed E. Hundt today issued the following response to the press release issued by Bell Atlantic announcing its intention to cancel merger talks with TCI: "Tuesday's unanimous FCC decision did not in any way make the future of the cable industry more unsettled. Our adoption of a comprehensive set of regulations clarified the industry's future by finalizing our cable rate decision and establishing cost of service and going forward rules. Our issuance of written orders within the next 30 days will make our rules even more explicit. "We are not familiar with the confidential discussions held by the parties to this negotiation for the last four months and cannot comment on them." -FCC-