Cantel and AT&T announce strategic alliance and technology agreement.TORONTO--(BUSINESS WIRE)--Nov. 13, 1996--
New generation of wireless services will be available to
more than 100 million people in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere.
Rogers Cantel Mobile Communications Inc. and AT&T Canada Inc. today announced a long-term strategic alliance that includes the licensing of the AT&T brand and a technology and marketing agreement with AT&T Wireless Services. This agreement will result in services that will be sold under the CANTEL AT&T name and will expand the seamless availability of Cantel's and AT&T's wireless services, including Digital 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. , throughout Canada and the United States The United States and Canada share a unique legal relationship. U.S. law looks northward with a mixture of optimism and cooperation, viewing Canada as an integral part of U.S. economic and environmental policy. .
This co-branding agreement combines the customer service, quality, innovation and reliability attributes of both Cantel, the best known wireless name in Canada, and AT&T, the world's most recognized telecommunications brand.
"Cantel's Canadian experience as a leading wireless provider will now be complemented by AT&T's global expertise," said Cantel Chairman and 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 Rogers Communications Rogers Communications Inc. (TSX: RCI.A, TSX: RCI.B, NYSE: RCI) is one of Canada's largest communications companies, particularly in the field of wireless communications and cable television, with additional telecommunications and mass media assets. Edward S. Inc. Edward S. Rogers. "The co- branding agreement is a visual expression of the enhanced levels of service and value which will now be offered to Cantel and AT&T Wireless customers."
Combined with more than 70 million potential customers in 40 metropolitan areas 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 30 million potential customers in Canada, 100 million potential customers in North America will have seamless accessibility to new wireless services under the agreement. The technology agreement between Cantel and AT&T Wireless Services brings seamless wireless communications to customers of the two companies on both sides of the border. Further, under the terms of the technology agreement, Cantel customers will reap the benefits of enhancements AT&T Wireless Services makes to its offerings.
"With this co-branding agreement, AT&T Canada is providing a prime example of how our global strategy is working," said Robert E. Allen, chairman of AT&T. "We are entering into this relationship with a strong partner who has the same commitment to the standards of its brand that we do. Together, Cantel and AT&T Wireless Services will now be able to provide seamless and expanded wireless services to our respective customers throughout North America."
Last week, Cantel announced its introduction of Digital PCS; AT&T Wireless Services also recently announced its AT&T Digital PCS offering. Some of the features that will be available to customers in Canada and the United States include Calling Line ID and Visual Call Waiting, so a quick glance tells customers they have messages. Customers can also receive text and numeric messages on their phones from personal computers and text dispatch services via the new Short Message Service option.
AT&T Wireless Services plans to broaden its AT&T Digital PCS coverage to more than 200 million people by the end of 1997, thereby covering 80 percent of the U.S.
Cantel is Canada's largest wireless company, providing access to 94 percent of Canadians with more than 1.5 million wireless customers. Based on a TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). IS-136 platform, the company will offer Cantel AT&T Digital PCS service to all major cities and transportation corridors in Canada.
This long term agreement involves royalty payments, the issuance of warrants, and payments to AT&T for marketing and technical support. The warrants will be exchangeable on a one-for-one basis over several years, for $32.5 million worth of Cantel Class B Shares. These shares will be issued from the treasury of Rogers Cantel Mobile Communications Inc. In addition, Cantel will include a representative from AT&T Wireless on the board of RCMCI.
Rogers Cantel Mobile Communications, Inc., (TSE See Tokyo Stock Exchange.
1. See Tokyo Stock Exchange (TSE).
2. See Toronto Stock Exchange (TSE). :RCMB RCMB Red Cedar Message Board (Michigan State Spartan message board)
RCMB Research in Computational Molecular Biology (ACM Conference)
RCMB Royal Canadian Mounted Breaks (radio show) ;NYSE NYSE
See: New York Stock Exchange :RCN RCN n abbr (= Royal Canadian Navy) → kanadische Marine ) an 80 percent owned subsidiary of Rogers Communications, Inc., owns and operates Canada's nationally licensed wireless company. Cantel offers a full range of wireless communications services including voice, data and paging.
AT&T Canada, a wholly owned subsidiary Wholly Owned Subsidiary
A subsidiary whose parent company owns 100% of its common stock.
In other words, the parent company owns the company outright and there are no minority owners. of AT&T (NYSE:T), the world's leading provider of communications services and products, is fast becoming a full service provider of telecommunications in Canada.
AT&T Wireless Services is a premier global provider of wireless voice, advanced messaging, aircraft communications and wireless data services. AT&T Wireless Services is a wholly owned subsidiary of AT&T.
CONTACT: Taanta Gupta Jim Baskin Todd Wolfenbarger
Cantel AT&T Canada AT&T Wireless Services
(416) 935-6381 (416) 204-2908 (206) 828-1851