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CELLULAR COMMUNICATIONS, INC. ANNOUNCES OPERATING RESULTS OF THE JOINT VENTURE FOR THIRD QUARTER 1992

 CELLULAR COMMUNICATIONS, INC. ANNOUNCES OPERATING
 RESULTS OF THE JOINT VENTURE FOR THIRD QUARTER 1992
 NEW YORK, Oct. 30 /PRNewswire/ -- George S. Blumenthal, chairman of the board and treasurer of Cellular Communications, Inc. (NASDAQ: COMMA) ("CCI") will describe today the CCI/PacTel Joint Venture 1992 third quarter operating results during his presentation at the Bear Stearns Sixth Annual Media and Communications Conference in Coronado, Calif. Mr. Blumenthal will also describe his views on the future of the radio based messaging and personal communications markets.
 The following summarizes the results to be described by Mr. Blumenthal of the Joint Venture for the three and nine months ended Sept. 30, 1992 and the pro forma results for the three and nine months ended Sept. 30, 1991 as if the Joint Venture had existed at the beginning of 1991:
 CCI/PACTEL JOINT VENTURE
 Periods ended Sept. 30 Three Months
 1992 1991
 (Pro Forma)
 Service revenue $ 81,540,000 $ 63,636,000
 Average revenue $ 81.64 $ 84.80
 Operating income $ 36,383,000 $ 26,495,000
 Ending subscribers 342,100 258,200
 Deactivation rate (pct.) 1.75 1.78
 Periods ended Sept. 30 Nine Months
 1992 1991
 (Pro Forma)
 Service revenue $226,913,000 $175,966,000
 Average revenue $ 80.39 $ 83.34
 Operating income $ 97,629,000 $ 74,595,000
 Ending subscribers 342,100 258,200
 Deactivation rate (pct.) 1.58 1.67
 -0- 10/30/92
 /CONTACT: J. Barclay Knapp, chief operating officer, 614-325-2305 or Richard J. Lubasch, vice president general counsel, 212-906-8470, both of Cellular Communications/
 (COMMA) CO: Cellular Communications, Inc. ST: New York IN: TLS SU: ERN


TM -- NY010 -- 6957 10/30/92 08:41 EST
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Publication:PR Newswire
Date:Oct 30, 1992
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