AT&T Wireless and Cincinnati Bell Sign GSM/GPRS Roaming Agreement.Business Editors/High-Tech Writers REDMOND, Wash. & CINCINNATI--(BUSINESS WIRE)--April 23, 2003 Agreement Covers AT&T Wireless' National GSM/GPRS Network and Cincinnati Bell's In-Progress Network Expected to Cover a Population of Over 2 Million People in Greater Cincinnati and Dayton, Ohio Dayton is a city in southwestern Ohio, United States. It is the county seat and largest city of Montgomery County. As of the 2005 census estimate, the population of Dayton was 158,873. AT&T Wireless (NYSE NYSE See: New York Stock Exchange :AWE) and its network affiliate Cincinnati Bell Cincinnati Bell is the dominant telephone company for Cincinnati, Ohio and its nearby suburbs in Ohio, Indiana and Kentucky. The parent company is named Cincinnati Bell Inc. Wireless today announced a roaming The ability to use a communications device such as a cellphone or PDA and be able to move from one cell or access point to another without losing the connection. agreement setting the stage for delivery of high quality GSM/GPRS (Global System for Mobile Communications/General Packet Radio Service) service to AT&T Wireless customers in the Greater Cincinnati and Dayton, Ohio, area. The agreement also provides Cincinnati Bell Wireless customers with access to AT&T Wireless' national GSM/GPRS network. Cincinnati Bell expects to have its GSM/GPRS network operational by the fourth quarter of 2003, at which point AT&T Wireless' next generation wireless customers will be able to roam seamlessly on the new network covering 2.2 million people. Once Cincinnati Bell launches GSM/GPRS service, customers signing up for the service will have immediate access to AT&T Wireless' extensive national network. "Development and deployment of our next generation network is a critical next-step in the evolution of our business," said Mike Vanderwoude, vice president of new business development for Cincinnati Bell. "Establishing GSM/GPRS service in our home market is the first step in keeping our customers at the front of the technology curve. Immediate access to AT&T Wireless' nationwide advanced network provided by this roaming agreement adds significant horsepower horsepower, unit of power in the English system of units. It is equal to 33,000 foot-pounds per minute or 550 foot-pounds per second or approximately 746 watts. to the value proposition we are able to take to our customers as the new network comes on line." "Dayton and Cincinnati are important metropolitan markets for us," said Robert Stokes Stokes , William 1804-1878. British physician. Known especially for his studies of diseases of the chest and heart, he expanded on the observations of John Cheyne in describing the breathing irregularity now known as Cheyne-Stokes respiration. , Senior Vice President - Business Development, AT&T Wireless. "Cincinnati Bell's network will be a valuable addition to the nation's overall GSM/GPRS coverage map." ABOUT AT&T WIRELESS AT&T Wireless (NYSE: AWE) is the second-largest wireless carrier, based on revenues, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . With 21.1 million subscribers as of March 31, 2003, and revenues of nearly $16.0 billion over the past 12 months, AT&T Wireless delivers advanced high-quality mobile wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. services, voice and data, to businesses and consumers, in the U.S. and internationally. For more information, please visit us at www.attwireless.com. ABOUT CINCINNATI BELL Cincinnati Bell is one of the nation's most respected and best performing local exchange and wireless providers with a legacy of unparalleled customer service excellence. Cincinnati Bell provides a wide range of telecommunications products and services to residential and business customers in Ohio, Kentucky and Indiana. In recent studies by J. D. Power and Associates J.D. Power and Associates is a global marketing information services firm founded in 1968 by James David Power III. The firm conducts independent and unbiased surveys of customer satisfaction, product quality, and buyer behavior for industries ranging from cars to restaurants. , the company ranked highest in customer satisfaction for Wireless Telephone Services in Cincinnati, Local Residential Telephone Service, and Residential Long Distance Service among Mainstream Users making it the only company to ever receive all three awards. This press release contains "forward-looking statements'' which are based on the respective companies's beliefs as well as on a number of assumptions concerning future events made by management with information that is currently available to management. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. include, without limitation, management's expectations regarding: future financial and operating performance and financial condition, including their respective outlook for the fiscal year 2003 and subsequent periods; subscriber growth; industry conditions; the strength of their respective balance sheets; liquidity and needs for additional financing; and ability to generate operating free cash flow. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside the companies' respective control, that could cause actual results to differ materially from such statements. Without limitation these factors include: the risks associated with the implementation of technology migration strategy, ability to continue to reduce costs, the potential competitive impacts of industry consolidation or alternative technologies, potential impacts on revenue and ARPU (Average Revenue Per User) A calculation often used to determine the overall value of an application. It is also used to rate particular customers, especially in the wireless space, by comparing someone's account to the overall average. from competitive pricing and slowing penetration in the wireless industry, the effects of vigorous competition in the markets in which we operate, the risk of decreased consumer spending Consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. due to softening softening /sof·ten·ing/ (sof´en-ing) malacia. softening a change of consistency, with loss of firmness or hardness. economic conditions, the outbreak of war or acts of terrorism, and consumer response to new service offerings. For a more detailed description of the factors that could cause such a difference, for AT&T Wireless please see AT&T Wireless' filings with the Securities and Exchange Commission, including the information under the heading "Additional Factors That May Affect Our Business, Future Operating Results and Financial Condition" and "Forward Looking Statements" in its Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed on March 25, 2003. For Cincinnati Bell please see the Broadwing Inc. filings with the Securities and Exchange Commission, including its Form 10-K for the fiscal year 2002 filed on March 31, 2003. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion