AT&T Wireless Forms Joint Venture With TeleCorp Inc., to Build and Operate Digital Wireless Network.KIRKLAND, Wash.--(BUSINESS WIRE)--Jan. 26, 1998--AT&T Wireless Services today announced it has entered into a joint venture with Arlington, Virginia-based TeleCorp, Inc. to build and operate a digital wireless network in a number of markets across the Midwest, the South and in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. . The agreement with AT&T calls for TeleCorp to deploy state-of-the-art Time Division Multiple Access (TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). ) IS-136 technology that will be compatible with AT&T's national Digital PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. network. Customers will be able to roam on the two systems under a 20 year agreement. TeleCorp will operate the service under its own brand name, supported by a tagline affiliation with AT&T Wireless Services. Once built, 11.3 million people in TeleCorp's licensed areas will have access to the AT&T Digital PCS network. Lead financing for TeleCorp has been arranged by Chase Capital Partners of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Other financial partners include Desai Capital Management, Inc., Entergy Technology Holdings, Hoak Capital Corporation, J.H. Whitney & Co., M/C M/C Machine (mechanical engineering) M/C Motorcycle M/C Miscarriage M/C Multiple Choice M/C Maitre de Cabine Partners, Toronto Dominion Securities (USA, Inc.), Northwood Venture and One Liberty Ventures. Specific financial details are not available. "Our strategy is to expand into new markets with partners," said Dan Hesse, president and chief executive officer of AT&T Wireless. "We plan to add additional coverage in existing AT&T Wireless markets in 1998 so that customers will have more places to call or connect to our digital network." "AT&T has the largest digital wireless network in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and this alliance will give our customers the ability to roam seamlessly from coast to coast," said TeleCorp's Chief Executive Officer Gerald Vento. "TeleCorp's service will deliver a powerful combination of quality, reliability and advanced digital features such as Caller ID A telephone company service that sends the caller's telephone number between the first and second ring of the call. If the calling number is not blocked, the calling number is displayed on the handset or base station of the called party. , paging, voicemail and e-mail delivery." On October 9, 1997, AT&T announced a similar joint venture agreement with Triton PCS for a network build-out across Virginia, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , parts of Washington-Baltimore and Savannah Savannah, city, United States Savannah, city (1990 pop. 137,560), seat of Chatham co., SE Ga., a port of entry on the Savannah River near its mouth; inc. 1789. . On December 10, 1997, AT&T announced an operating agreement An operating agreement is an agreement among limited liability company ("LLC") members governing the LLC's business, and Member's financial and management rights and duties. No state requires an LLC to have an Operating agreement. with Dobson Communications to cover parts of Oklahoma, Texas, California, Maryland California is a census-designated place and community in St. Mary's County, Maryland, United States. The population was 9,307 at the 2000 census. California continues to grow with the spread of population out from the older adjacent community of Lexington Park and the growth in , Pennsylvania, Arizona, Kansas and Missouri. AT&T Wireless holds 21 wireless broadband licenses that it acquired in auctions held by the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. in 1995. The company paid $1.7 billion for those licenses and added Little Rock and Memphis in a trade with Southwestern Bell in 1996. Since June, 1997, AT&T Wireless has launched 10 company owned systems in Arizona, Atlanta, Charlotte, Chicago, Washington-Baltimore, Philadelphia, Cleveland, Detroit, St. Louis and Boston. Founded in 1996 to enter the fast-growing wireless marketplace, TeleCorp holds "F" block licenses it purchased from the F.C.C. TeleCorp has assembled an experienced management team of wireless industry veterans and is moving aggressively in network operations, information systems and product development to prepare its network for launch toward the end of 1998. AT&T Wireless Services is a wholly-owned subsidiary of AT&T Corp. (NYSE NYSE See: New York Stock Exchange :T). AT&T Wireless is the largest wireless carrier in the United States and provides wireless voice, data, paging and in-flight communication services. -0- Markets Covered Under AT&T Wireless/TeleCorp Joint Venture: MTA (1) (Message Transfer Agent or Mail Transfer Agent) The store and forward part of a messaging system. See messaging system. (2) See M Technology Association. 1. (messaging) MTA - Message Transfer Agent. BTA (Business Technology Association, Kansas City, MO, www.bta.org). A membership association of manufacturers, dealers, distributors and service companies in the business equipment and systems industries, founded in 1994. BTA Name 1995 Pops Total New Orleans 32 Baton Rouge, La. 659,100 236 Lafayette-New Iberia, La. 514,300 320 New Orleans 1,411,200 2,584,600 Houston 34 Beaumont, Tx. 450,400 450,400 Louisville 135 Evansville 515,000 339 Paducah 224,000 739,000 St. Louis 66 Cape Giradeau-Sikeston, Mo. 184,700 67 Carbondale-Marion, Ill. 211,200 90 Columbia, Mo. 198,300 217 Jefferson City, Mo. 148,900 230 Kirksville, Mo. 53,800 308 Mount Vernon-Centralia, Mo. 118,100 355 Poplar Bluff, Mo. 150,900 367 Quincy, Ill.-Hannibal, Mo. 176,100 383 Rolla, Mo. 105,700 428 Springfield, Mo. 580,700 (Less RSA (1) (Rural Service Area) See MSA. (2) (Rivest-Shamir-Adleman) A highly secure cryptography method by RSA Security, Inc., Bedford, MA (www.rsa.com), a division of EMC Corporation since 2006. It uses a two-part key. 14) (350,700) 470 West Plains, Mo. 70,400 1,648,100 Little Rock 125 El Dorado, Ar. 108,000 140 Fayetteville, Ar. 260,100 153 Ft. Smith, Ar. 303,200 182 Harrison, Ar. 80,100 193 Hot Springs, Ar. 125,200 219 Jonesboro-Paragould, Ar. 167,300 257 Little Rock, Ar. 907,800 348 Pine Bluff, Ar. 153,200 387 Russellville 90,800 2,195,700 Memphis 49 Blytheville, Ar. 76,900 120 Dyersburg, Tn. 114,900 211 Jackson, Tn. 265,200 290 Memphis, Tn. 1,474,000 (Excluding Montgomery City) (12,300) 1,918,700 Boston 51 Boston (Rockingham/Stafford Counties, NH) 350,463 201 Hyannis, Ma. 217,500 274 Manchester, NH 563,100 480 Worcester, Ma. 728,300 1,859,363 Total Pops 11,395,863 11,395,863 CONTACT: AT&T Wireless Services Todd Wolfenbarger, Office: 425/828-1851 Wireless: 206/979-2677 todd.wolfenbarger@attws.com or Ken Woo, Office: 425/828-1349 Wireless: 206/972-1728 kenneth.woo@attws.com or TeleCorp, Inc. Andrew Price, Office: 703/812-3983 Wireless: 703/624-1854 aprice@telecorp1.com |
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