BellSouth (NYSE: BLS) has completed a $10 million networking and services project for a Florida school district.

The company will consolidate three networks, connecting Volusia County teachers and administrators to one network and providing better opportunities for letting students participate in distance learning program and for educators to share teaching methods and approaches via e-mail or newsgroups.

In a prepared statement William Hall, superintendent of Volusia County Schools, said: “Every superintendent faces educational and operational challenges. BellSouth’s integrated solution allows us to deliver cutting-edge digital learning applications to students’ desktops, increase our teachers’ effectiveness in the classroom and bring technology directly to students in a cost-effective manner. This gives Volusia County Schools the ability to offer a better education for our students without increasing expenditures.”

The network will utilize Voice over IP technology, and it will be completed ith room for future improvements and upgrades as warranted, BellSouth said.

The School District of Volusia County counts 74 facilities and more than 62,000 students and the BellSouth network that will connect them all will stretch over 1,200 square miles, the company said.

Through third quarter 2002 BellSouth revenues decreased 7 percent to $16.75 billion while net income increased 19 percent to $2.11 billion. The changes reflect a slowdown in U.S. wireless revenues for the company, which was offset by the $1.32 billion BellSouth generated from the sale of its stake in Cingular Wireless.

Shares of BLS ranged in price from $18.32 to $40.90 during the last 52 weeks and recently traded near $25.60.

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