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ALLTEL TO PURSUE PCS CONSORTIUM WITH MCI

 LITTLE ROCK, Ark., July 29 /PRNewswire/ -- ALLTEL Corporation (NYSE: AT) announced today that it has signed a letter of intent with MCI to participate in a consortium to build and operate a nationwide Personal Communications Service (PCS) Network. More than 150 companies have reached similar agreements in principle with MCI.
 The Federal Communications Commission is currently considering the appropriate licensing mechanisms for the provision of PCS. Provided that the FCC allows participation by consortium in the licensing of PCS and that national PCS licenses are granted, the consortium organized by MCI will file for a national PCS license with the FCC.
 Joe T. Ford, ALLTEL chairman and CEO, said, "We are pleased to have the opportunity to pursue our participation in the emerging PCS market - - particularly with this consortium, which has to represent the most formidable contender for a national PCS license. While there are still details to be worked out, we are excited by the potential for our shareholders, as well as the opportunity to play a significant role in fully developing wireless communications in this country."
 ALLTEL Corporation (NYSE: AT) is a leading telecommunications and information services company. In addition to providing local telephone service, ALLTEL subsidiaries provide cellular telephone service, information services and communications products.
 -0- 7/29/93
 /CONTACT: Ron Payne, vice president-corporate communications, ALLTEL Corp., 501-661-8989/
 (AT MCIC)


CO: ALLTEL Corporation ST: Arkansas IN: TLS SU:

SM -- CL0016 -- 7483 07/29/93 11:47 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
Words:240
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