Centennial Digital Jamaica Launches Digital Wireless Service in Jamaica With 3G-Ready CDMA Network.Business Editors WALL, N.J.--(BUSINESS WIRE)--Dec. 5, 2001 Centennial Communications Centennial Communications (NASDAQ: CYCL) and its subsidiaries (Centennial Wireless (U.S.), Centennial Dominicana and Centennial de Puerto Rico) provide wireless and broadband telecommunications services to wireless telephone subscribers in the United States, Puerto Rico, the Corp. (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 : CYCL) today announced that it has brought high-tech mobile communications to Jamaica with the launch of its digital wireless service on November 29th. The wireless service uses the latest digital technology called CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. (Code Division Multiple Access), providing voice quality comparable to fixed line telephones. Centennial expects to offer its Jamaican customers 3G phones next year, which will enable Jamaicans to access the internet at faster speeds than currently available over traditional phone lines. With the launch of service in Jamaica, Centennial enhances its Caribbean-wide CDMA wireless network which currently provides digital service in 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. , the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. and the U.S. Virgin Islands, an area covering over 15 million people. "We are truly excited about our recent launch in Jamaica, a market we believe is starved for more competition and improved services in telecommunications," said Carlos Bofill, Chief Executive Officer of Centennial's Caribbean operations. "We have the widest wireless coverage of any carrier in the Caribbean, a region we believe is significantly underserved. This coverage is bolstered by our common technology platform, CDMA, throughout the region, which facilitates roaming and our extensive terrestrial and undersea fiber-optic broadband network throughout the Caribbean." Centennial Digital Jamaica is owned 51% by Centennial and 49% by Oceanic Digital Communications Transmitting text, voice and video in binary form. See communications. , Inc. Centennial is one of the largest independent wireless telecommunications service providers 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 the Caribbean with approximately 17.5 million Net Pops and 803,200 wireless subscribers. Centennial's U.S. operations have approximately 6.0 million Net Pops in small cities and rural areas. Centennial's Caribbean integrated communications operation owns and operates wireless licenses for 11.4 million Net Pops in Puerto Rico, the Dominican Republic, Jamaica and the U.S. Virgin Islands, and provides voice, data, video and Internet services on broadband networks You can assist by [ editing it] now. in the region. Welsh, Carson, Anderson & Stowe and an affiliate of The Blackstone Group are controlling shareholders of Centennial. For more information regarding Centennial, please visit our website at www.centennialcom.com. Cautionary statement for purposes of the "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Information in this release that involves Centennial's expectations, beliefs, hopes, plans, projections, estimates, intentions or strategies regarding the future are forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such forward-looking statements. These risks, assumptions and uncertainties include: the competitive nature of the telecommunications industry, including continued overbuilding by personal communications service |
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