Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

AT&T Wireless and Cingular Wireless Strike Accord Designed To Lower Costs, Improve Quality And Encourage Expansion Of GSM/GPRS Coverage Nationwide.


Business Editors

ATLANTA & REDMOND, Wash.--(BUSINESS WIRE)--March 17, 2003

Roaming Agreement Will Promote Expansion of GSM Coverage Across U.S.

AT&T Wireless (NYSE NYSE

See: New York Stock Exchange
:AWE) and Cingular Wireless today announced a major joint roaming agreement that will improve quality and encourage further expansion of GSM /GPRS coverage 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.  for customers of both companies.

The companies also said the agreement will allow them to lower costs.

With this agreement, customers of Cingular and AT&T Wireless will continue to have access to the companies' combined GSM/GPRS footprint in the U.S. and enjoy advanced data services via the world's most popular and widely-adopted wireless technology -- GSM/GPRS.

"The real winners in this deal are the customers of Cingular and AT&T Wireless. Their coverage will expand, their phones and all the features will work the same -- whether the customers are in Cingular or AT&T Wireless territory," said Stan Sigman Stanley T. Sigman, or Stan Sigman is president and chief executive officer of wireless at AT&T—the nation’s largest wireless provider.A long-time wireless industry leader, Sigman has held similar positions at SBC Communications, where he helped start SBC’s , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Cingular Wireless. "Furthermore, it helps both companies provide seamless service even as they continue to expand their GSM footprints. And at roaming rates significantly lower than previous agreements."

"Our world-standard, next generation technology allows us to expand coverage to hundreds of countries around the world," said John Zeglis, Chairman and CEO of AT&T Wireless. "It also enables us to easily and cost effectively expand our U.S. coverage through attractive agreements such as today's announcement with Cingular.

"This is great news for customers on the go who are increasingly interested in staying connected to the people and information they need most -- no matter where they are," said Zeglis.

This agreement augments each company's aggressive GSM/GPRS build-out efforts. AT&T Wireless continues to expand its extensive GSM/GPRS network and said it plans to have covered POPs totaling about 206 million by mid-year and 214 million by year-end. Cingular said that more than 90 percent of its POPs -- and all of its major markets -- will have GSM service by the end of the year. In addition, on March 13, the two companies completed the formation of a joint venture that will further extend next generation network coverage by cost effectively building out GSM/GPRS service on more than 4,000 miles of rural highways throughout the U.S.

This agreement offers very attractive roaming rates to both carriers. AT&T Wireless and Cingular have also agreed that they will build out their networks to support common features such as Short Messaging See SMS.  Service (SMS (1) (Storage Management System) Software used to routinely back up and archive files. See HSM.

(2) (Systems Management Server) Systems management software from Microsoft that runs on Windows NT Server.
).

The agreement is retroactive to February 1, 2003 and will remain in effect through December 31, 2006.

ABOUT CINGULAR WIRELESS

Cingular Wireless, a joint venture between SBC (1) (SBC Communications Inc., San Antonio, TX, www.sbc.com) A large, national telecommunications company that grew from a multitude of local and regional companies, including Southwestern Bell, Pacific Bell and Nevada Bell, into a single, unified brand by 2002.  Communications (NYSE:SBC) and BellSouth (NYSE:BLS See Bureau of Labor Statistics. ), serves more than 22 million voice and data customers across the United States. A leader in mobile voice and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , Cingular is the only U.S. wireless carrier to offer Rollover A graphic element in an application or on a Web page that changes its color or shape when the pointer is moved (rolled) over it. See JavaScript rollover. See also n-key rollover. , the wireless plan that lets customers keep their unused monthly minutes. Cingular provides cellular/PCS service in 43 of the top 50 markets nationwide, and provides corporate e-mail and other advanced data services through its GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations.  and Mobitex packet data networks. Details of the company are available at www.cingular.com.

ABOUT AT&T WIRELESS

AT&T Wireless (NYSE:AWE) is the second-largest wireless carrier, based on revenues, in the United States. With 20.859 million subscribers at December 31, 2002, and full-year 2002 revenues exceeding $15.6 billion, AT&T Wireless will continue delivering 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 or data, to businesses and consumers, in the U.S. and internationally. For more information, please visit us at www.attwireless.com.

This press release contains "forward-looking statements'' which are based on management'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 include, without limitation, management's expectations regarding: our future financial and operating performance and financial condition, including the company's outlook for the fiscal year 2003 and subsequent periods; subscriber growth; industry conditions; the strength of our balance sheet; our liquidity and needs for additional financing; and our 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 AT&T Wireless' control, that could cause actual results to differ materially from such statements. Without limitation these factors include: the risks associated with the implementation of our technology migration strategy, our 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 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, 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 quarterly report of Form 10-Q Form 10-Q

See 10-Q.
 filed on November 13, 2002.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Mar 17, 2003
Words:889
Previous Article:StockPickReport.com Announces Stock Evaluation Ratings for Lucent Technologies, JP Morgan, Johnson & Johnson, Advanced Micro Devices, Washington...
Next Article:Aerosol Industry Marks 25th Anniversary of CFC-Free Products; But Most Americans Still Unaware That ``It's OK to Spray''.
Topics:



Related Articles
NORTEL NETWORKS WINS $250 MILLION IN GSM.
Cingular Wireless Selects WatchMark for Nationwide 2.5G Network Expansion; WatchMark Prospect To Help Deliver Service to Subscribers over GSM/GPRS.
Philips and Cingular Wireless Demonstrate Single Antenna Interference Cancellation Technology to Increase GSM Voice Capacity, Improve Voice Quality,...
Ericsson, Nokia and Siemens Join Forces to Promote Unified Solution for Push to Talk Over GPRS and EDGE Networks.
Fitch Lowers Cingular Wireless' Rating To 'A-'; S-T To 'F2'.
Wireless could jump-start market recovery: but only if 3G gets its act together.
AT&T Wireless and T-Mobile USA Sign Roaming Agreement Significantly Expanding GSM/GPRS Footprint in U.S.
Western Wireless Signs GSM Roaming and Infrastructure Agreements.
T-Mobile USA and Western Wireless To Expand GSM/GPRS 1900 Footprint in Rural U.S.; T-Mobile Extends Existing Roaming Agreement with Cingular Wireless.
AT&T Wireless takes high-speed network from coast to coast.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles