CENTURY <CTL> TO SELL CABLE PROPERTIES
Century Telephone Enterprises Inc
said it agreed to sell its cable television properties located
in Michigan, Tennesse, Tennesse, Florida, Arkansas and
Louisiana.
    Terms and the name of the purchaser were not disclosed.
    The transaction, subject to a definitive agreement, is
expected to be completed in the near future, it said.
    Century said it expects to recognize a substantial gain on
the sale. For the year ended December 31, Century reported net
income of 17.2 mln dlrs on sales 146.0 mln dlrs.

 Reuter
