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Cellular Communications International announces operating results for second quarter 1996.


NEW YORK--(BUSINESS WIRE)--Aug. 14, 1996--CELLULAR COMMUNICATIONS INTERNATIONAL, INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (Nasdaq: CCIL CCIL Chester County InterLink (West Chester, Pennsylvania)
CCIL Clearing Corporation of India Limited
CCIL Canadian Council of Independent Laboratories
) ("CCII CCII Canadian Coalition for Influenza Immunization ") announced today its operating results for the three and six months ended June June: see month.  30, 1996.

CCII's activities to date have focused on participating in strategic joint ventures with other companies to acquire and operate overseas cellular telephone systems. Currently, CCII's primary asset is its participation in Omnitel Pronto pron·to  
adv. Informal
Without delay; quickly.



[Spanish, from Latin prmptus; see prompt.
 Italia ("OPI (Open Prepress Interface) An extension to PostScript that provides color separations. It was developed by Aldus Corporation, which was later acquired by Adobe. "), a consortium which is the second GSM (Global System for Mobile Communications) A digital cellular phone technology based on TDMA that is the predominant system in Europe, but also used worldwide. Developed in the 1980s, GSM was first deployed in seven European countries in 1992.  cellular telephone licensee licensee n. a person given a license by government or under private agreement. (See: license, licensor)


LICENSEE. One to whom a license has been given. 1 M. Q. & S. 699 n.
 in Italy (including San Marino San Marino, city, United States
San Marino (săn mərē`nō), residential city (1990 pop. 12,959), Los Angeles co., S Calif.; inc. 1913. Of interest is the Huntington Library, Art Collections, and Botanical Gardens.
 and Vatican City Vatican City (văt`ĭkən), independent state (2005 est. pop. 900), 108.7 acres (44 hectares), within the city of Rome, Italy, and the residence of the pope, who is its absolute ruler. ). OPI began offering commercial service in December 1995, and in July 1996 OPI reported that it had approximately 300,000 subscribers. -0-



                                            Three Months Ended June 30
                                              1996              1995
                                             (In thousands, except
                                                  per share data)


Equity in net loss of Omnitel             $  11,856        $  1,730
General & administrative expenses               825           1,106
Write-off of deferred costs                       -             223
Depreciation and amortization                   180             126
Operating (loss)                            (12,861)         (3,185)


Interest and other, net                      (4,458)           (635)
Net (loss)                                $ (17,319)       $ (3,820)




Net (loss) per common share               $   (1.66)       $   (.37)


Weighted average number of shares            10,407          10,188




                                              Six Months Ended June 30
                                              1996              1995


                                             (In thousands, except
                                                  per share data)


Equity in net loss of Omnitel             $  20,785        $  3,533
General & administrative expenses             1,562           1,437
Write-off of deferred costs                       -             223
Depreciation and amortization                   359             217
Operating (loss)                            (22,706)         (5,430)


Interest and other, net                      (8,533)         (1,241)
Net (loss)                                $ (31,239)       $ (6,671)




Net (loss) per common share               $   (3.01)       $   (.65)


Weighted average number of shares            10,378          10,187




Discussion of Second Quarter Results


    Equity in net loss of Omnitel increased to $11,856,000 from
$1,730,000 because of the increase in the net loss of Omnitel.
    General and administrative expenses decreased to $825,000 from
$1,106,000 primarily because, as of December 1995, CCII no longer
participates in an entity that owns one of the two GSM cellular
licenses for Delhi, India, and CCII reduced its efforts to obtain new
cellular licenses.  The 1995 amount is reduced by an expense
reimbursement of $353,000 from Omnitel for amounts previously charged
to general and administrative expenses.
    In 1995, deferred costs of $223,000 were written-off in
connection with unsuccessful efforts to obtain a license in
Guatemala.
    Depreciation and amortization increased to $180,000 from $129,000
as a result of the amortization of additional costs capitalized in
connection with the investment in Omnitel.
    Interest and other, net decreased to expense of $4,458,000 from
expense of $635,000 primarily due to an increase in interest expense
from the issuance of the Senior Discount Notes.  Interest expense in
1995 does not include interest of $1,300,000 which was capitalized
during the three months ended June 30, 1995.  CCII discontinued
interest capitalization in December 1995 upon the commencement of
OPI's operations.




CONTACT: Cellular Communications International Inc., New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of


William B. Ginsberg, President or

Stanton N. Williams, Chief Financial Officer

212/906-8480
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 14, 1996
Words:490
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