AirTouch and U S WEST Name Michael Boskin to Joint Board.SAN FRANCISCO--(BUSINESS WIRE)--June 1, 1995--Michael J. Boskin has been appointed as the independent member of the Partnership Committee for the proposed cellular joint venture between 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. ) and U S WEST (NYSE:USW USW Und So Weiter (German: and so on) USW Undersea Warfare USW United Steel Workers USW US Wheat Associates USW Ultrasonic Welding USW Ultra Short Wave USW US West Telecommunications (stock symbol) ) announced July 25, 1994. Former chairman of the Council of Economic Advisers during the Bush administration, Boskin currently serves as Professor of Economics and senior fellow at the Hoover Institution The Hoover Institution on War, Revolution and Peace is a public policy think tank and library founded by Herbert Hoover at Stanford University, his alma mater. The Institution was founded in 1919 and over time has amassed a huge archive of documentation related to President at Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. . He is also a member of the panel of advisers to the Congressional Budget Office The Congressional Budget Office (CBO) is responsible for economic forecasting and fiscal policy analysis, scorekeeeping, cost projections, and an Annual Report on the Federal Budget. The office also underdakes special budget-related studies at the request of Congress. . "Recognized around the world for his economic research and work on the impact that changing technology has on capital, labor and products, Michael Boskin Michael Jay Boskin is the T. M. Friedman Professor of Economics and Senior Fellow, Hoover Institution, Stanford University. He also is Chief Executive Officer and President of Boskin & Co., an economic consulting company. Boskin holds bachelor's, master's, and Ph.D. will bring a wealth of expertise to our joint venture," said Lee Cox, chairman of the partnership committee and vice chairman for AirTouch Communications. Boskin fills the vacancy earmarked for an independent, outside director. He will provide advice and counsel, voting in the case of deadlock situations. "We are delighted to have someone of Michael Boskin's caliber and credentials contributing to the future of our wireless business," Cox added. The partnership committee is set up to address strategic and operational issues for the cellular joint venture that will serve more than 2.4 million customers in 21 states. The joint venture, the first phase of which is expected to close later this year, is approximately 70 percent owned by AirTouch and 30 percent owned by U S WEST. Other committee members include: Sam Ginn, chairman 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. , Chris Christensen, chief financial officer, and Arun Sarin, president and CEO, AirTouch International and senior vice president corporate strategy and development, all from AirTouch. From U S WEST, Chuck Lillis, executive vice president and chief planning officer is a member of the committee. Jan Peters, president of wireless operations and investments for the media group and CEO of New Vector, as well as Roger Christensen, vice president finance and administration for domestic business group from U S WEST, will join the partnership committee when the joint venture closes. AirTouch Communications is a global wireless communications company, with interests in cellular, paging, personal communications services See PCS. , satellite and other operations in the United States and eleven other nations: Belgium, Canada, France, Germany, Italy, Japan, Portugal, South Korea, Spain, Sweden and Thailand. The company, based in San Francisco, serves nearly 4 million customers worldwide. U S WEST is in the connections business, helping customers share information, entertainment and communications services in local markets worldwide. It offers cellular service through its division, U S WEST New Vector, which operates in 13 midwestern, western and southwestern states and serves more than 1,000,000 customers. U S WEST's major subsidiary, U S WEST Communications, provides services to 25 million customers in 14 western and midwestern states. U S WEST's international businesses include cellular telephone systems in Hungary, the Czech Republic, Slovakia and Russia; Mercury One-2-One, a personal communications network Personal Communications Network (PCN) is the European digital cellular mobile telephone network, developed in accordance with GSM standards. in the United Kingdom; cable TV and telephone networks in the U.K., France, Norway, Sweden and Hungary; international gateway telephone switches in Russia and Lithuania; and telephone directory operations in Poland and the U.K. CONTACT: AirTouch, San Francisco Amy Damianakes, 510/210-3645 or U S WEST, Denver Lois Leach, 303/793-6355 |
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