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Verizon (VZ) plans to announce Wednesday that it's creating a multinational network for big businesses, according to The Wall Street Journal.

The plan would put Verizon up against companies like

AT&T

(T)

,

France Telecom

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(FTE)

and

WorldCom

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, the newspaper reported in its online edition.

However, Verizon's plans face a hurdle. It can't offer long-distance service in 13 states, mainly on the Eastern Seaboard, home of many multinational corporations. The so-called Baby Bells are restricted from offering long distance service in their states until they prove the local phone service market is open to competitors.