P506 Teletext 506 Oct 4 21:51:11         —————————————————————————————  ATLANTIC TELECOM TO RAISE £23m Atlantic Telecom Group has announced plans to raise £23.2m to fund expansion moves in Scotland. The cash raising exercise via a share placing with institutional investors and an open offer to shareholders is designed to develop the group's radio telephone business in Greater Glasgow. The service is scheduled to be launched this autumn. ——————————————————————————————————————— Financial headlines 500 City index 501 Download and Analyse Share Prices on Your PC See Pages 532 & 533 Next CompNews Shares Family Finance