Omnipoint Secures International Roaming in Slovenia.
"Today's activation solidifies our extensive roaming capabilities across the continent of Europe," noted Omnipoint President George Schmitt. "We offer our customers the distinction of being able to take their digital service to just about anywhere in the world. Plus, in many countries we give them a choice of international carriers." The company has agreements with foreign wireless providers throughout most of Europe as well as parts of the Middle East, Africa, South America and the Pacific Rim.
Omnipoint uses GSM (Global System for Mobile) communications, the world's most popular and advanced wireless technology. There are 120 million GSM customers in 120 countries and more than two million GSM subscribers in the United States and Canada. Omnipoint recently opened up a round-the-clock International Roaming Center. North American GSM customers in the U.S. and Canada can reach the center by calling 877-CALL-GSM. Callers from international locations may dial 610-317-7726.
GSM carriers in North America, like Omnipoint, operate at a different radio frequency than their international counterparts. Omnipoint offers customers a choice of handsets when traveling abroad. The carrier sells the Bosch World 718 mobile phone which operates on two GSM networks or in 120 countries including the United States. The less frequent traveler may rent an international GSM mobile phone from Omnipoint.
Omnipoint Communications is a subsidiary of Omnipoint Corporation. Founded in 1987, the parent company is a leader in commercializing PCS. Omnipoint currently provides advanced wireless communications services in much of New York, New Jersey, Connecticut, eastern Pennsylvania, Delaware, Massachusetts, New Hampshire, Rhode Island and southern Florida; it intends to provide those services in additional areas. The company also develops technology and equipment for PCS and wireless local loop. The company's stock is traded on the Nasdaq National Market. Its trading symbol is OMPT.
Omnipoint is a member of the North American GSM Alliance, a group of North America's leading digital wireless Personal Communication Services companies. Using Global System for Mobile (GSM) communications, Alliance companies provide superior voice clarity, unparalleled security and leading-edge wireless voice, data and fax features for customers, whether at home, away or abroad. Other GSM Alliance members include: Aerial Communications, Inc.; Airadigm Communications, Inc.; BellSouth Mobility DCS; Conestoga Wireless Company; Cook Inlet PCS; DIGIPH PCS; Microcell Telecommunications Inc.; NPI Wireless; Pacific Bell Wireless; Powertel, Inc.; Western Wireless Corp.; and Wireless 2000 PCS.
Except for historical information contained herein, the matters discussed and the statements made in this release concerning Omnipoint's future prospects are "forward-looking statements" under the federal securities laws that involve risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from the forecast and estimates. Important factors that could cause actual results to differ materially include, but are not limited to, Omnipoint's limited operating history, including a history of losses and the uncertainty of future operating results, dependence upon cash flow from its subsidiaries, high leverage, debt service requirements and restrictive covenants related to its outstanding Senior Notes, the emerging market for PCS service, the continued buildout of Omnipoint PCS markets, significant capital requirements, and its dependence upon key employees. Omnipoint's future results may be impacted by other risk factors listed in its Registration Statement filed on form S-3 on June 30, 1998, and other factors listed from time to time in its SEC reports, including, but not limited to, the report on Form 10-K for the year ended December 31, 1997.
Omnipoint's International Roaming Countries
Australia Germany Poland Austria Greece Portugal Belgium Hungary Russia Canada Iceland Singapore Chile Indonesia Slovak Republic China (Hong Kong) Ireland Slovenia Cyprus Italy South Africa Czech Republic Lebanon Spain Denmark Luxembourg Sweden Estonia Netherlands Switzerland Fiji Islands New Zealand Taiwan Finland Norway Turkey France Philippines United Kingdom
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|Date:||Dec 1, 1998|
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