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One of the positive effects of Bell Atlantic Corp.'s merger with NYNEX Corp. will be the creation of jobs, Bell Atlantic Chairman and CEO Ray Smith told the Society of American Business Editors and Writers Tuesday (4/30). He pointed out that since the two companies combined their cellular concerns in a joint venture, employment has grown 30 percent, creating 1,500 new jobs. Smith also said that the merger would stimulate competition by creating a company with enough size and scope to compete against AT&T.