AirTouch Not Required to Pay Additional Fees in Belgium.SAN FRANCISCO--(BUSINESS WIRE)--Sept. 12, 1995--AirTouch Communications (NYSE NYSE See: New York Stock Exchange :ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. ) today announced that, under the terms of its agreement with Belgacom, AirTouch is not required to pay an additional fee for Belgacom Mobile's cellular license. AirTouch and Belgacom, the Belgian telecommunications company See telecom company. , formed Belgacom Mobile, a mobile communications joint venture, in December 1994. AirTouch owns a 25 percent interest in the venture, which includes Belgacom's analog and digital cellular businesses. On Sept. 8, the Belgian government awarded the nation's second cellular license to the Mobistar consortium for approximately 9 billion francs (about $295 million). The government has indicated that, like Mobistar, Belgacom Mobile is expected to pay a fee for its cellular license. AirTouch is not required to contribute any additional funding for Belgacom Mobile's license fee. AirTouch supported the launch of Belgacom's digital cellular network on Jan. 1, 1994. As of June 30, 1995, Belgacom Mobile served 173,000 total subscribers -- 120,000 customers on its digital network and 53,000 on its analog network. The country has 10 million people. AirTouch Communications is a global 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. company, with interests in cellular, paging, personal communications services See PCS. , the Globalstar satellite system, and other operations 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. and 11 other nations: Belgium, Canada, France, Germany, Italy, Japan, Portugal, South Korea, Spain, Sweden, and Thailand. The company, which is based in San Francisco, serves over 4.2 million customers worldwide. CONTACT: AirTouch Communications, San Francisco Susan Rosenberg, 510/210-3910 |
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