Cellular Communications of Puerto Rico, Inc. announces name and ticker symbol for its new holding company; Year-end subscriber numbers also announced.NEW YORK--(BUSINESS WIRE)--Jan. 15, 1997--Cellular Communications of Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. , Inc. (Nasdaq: CCPR CCPR Covenant on Civil and Political Rights CCPR California Center for Population Research CCPR Central Council for Physical Recreation CCPR Consultative Committee on Photometry and Radiometry CCPR Calvert County Parks and Recreation CCPR Co-Channel Power Ratio ) announced today that it has selected "CoreComm Incorporated" as the name of the new holding company that will be created in the corporate restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). announced on January 9, 1997. CoreComm has reserved the Nasdaq symbol "COMM" on the Nasdaq National Market for its trading symbol Trading symbol See: Ticker symbol after the effective date of the corporate restructuring. The anticipated completion date of the corporate restructuring will be announced as soon as practicable practicable adj. when something can be done or performed. . The restructured companies will evaluate and pursue business opportunities both inside and outside of Puerto Rico and the U.S. Virgin Islands. CCPR also announced that as of December 31, 1996 it had 159,300 cellular subscribers and 31,100 paging subscribers, representing an increase in subscribers of 43,800 and 17,800, respectively, since December 31, 1995. CONTACT: Cellular Communications of Puerto Rico Inc. Stanton N. Williams Richard J. Lubasch 212/355-3466 |
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