BCI's Korean PCS Operation Surpasses 2 Million Subscribers.MONTREAL--(BUSINESS WIRE)--April 14, 1999-- BI(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BCICF) (ME:BI.) (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BI.) Bell Canada International Inc. ("BCI BCI Bat Conservation International BCI Brain-Computer Interface BCI Business Continuity Institute BCI Business Cycle Indicators BCI Banco de Credito e Inversiones (Chilean bank) BCI Bell Canada International ") today announced that its Korean 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. operator, Hansol PCS Co. Ltd. ("Hansol PCS"), has surpassed 2 million subscribers less than 18 months after the launch of service. BCI holds an 18.2 percent interest in Hansol PCS, as well as debentures which, when converted, will create an interest of approximately 24 percent on a fully-diluted basis. Mr. Derek Burney, 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. of BCI, welcomed the latest Hansol PCS milestone, stating "The growth of Hansol PCS has been impressive. It is evidence of the huge unmet demand for communications services which exists in many markets around the globe. Together with our fast-growing Taiwanese PCS operator, KG Telecom, Hansol PCS is helping BCI meet its ongoing goal of balanced growth between our Asian-Pacific and Latin American operations." BCI is a leading provider of telecommunications services in markets outside of Canada. The corporation owns, develops and operates telecommunications systems with a focus on the wireless sector. A subsidiary of BCE Inc., Canada's largest communications company, BCI is listed on the Montreal and Toronto stock exchanges under the symbol BI, and on the NASDAQ National market under the symbol BCICF. Visit BCI's web site at www.bci.ca |
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