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BELLSOUTH ENTERPRISES, RAM COMPLETE U.S. MOBILE DATA AGREEMENT

 BELLSOUTH ENTERPRISES, RAM COMPLETE U.S. MOBILE DATA AGREEMENT
 ATLANTA, Jan. 24 /PRNewswire/ -- BellSouth Enterprises, Inc. (BSE) announced it has consummated the U.S. mobile data and some international portions of its earlier-announced agreement with RAM Broadcasting Corporation to form a joint venture which would own and operate mobile data communications networks worldwide.
 BSE and RAM announced last year that they would establish a joint venture which would include RAM's U.S., U.K., and other foreign mobile data operations, RAM's 49 percent interest in Honolulu cellular operation, and paging properties contributed by both parties. BSE also agreed to provide more than $300 million in equity funding to the joint venture.
 With the closing, BSE acquires a 49 percent interest in the U.S. mobile data operations, which will continue to be operated by RAM, and a 90 percent interest in all foreign mobile data operations except the U.K. Closing on the other operations, mentioned above, will be accomplished in phases and completed by the end of the second quarter.
 "We were excited about the potential for mobile data in the U.S. and overseas when we announced this transaction last year, and we've only seen the possibilities expand and the potential increase over the past few months," said W.O. McCoy, president of BellSouth Enterprises.
 RAM is already operating in approximately 15 U.S. markets and has regulatory approval to construct a domestic network that initially will include the 50 largest metropolitan areas, which it expects to complete by year-end '93. It has access to 10-30 channels, in the 896-901 MHz and 935-940 MHz bands, in each market.
 RAM's wireless data networks use the Mobitex intelligent network technology developed by Ericsson and Swedish Telecom. These terrestrial, packet-switched radio systems are effective for mobile applications such as computer-aided dispatch, two-way alphanumeric messaging, electronic mail, transaction processing, remote data entry and retrieval, and automatic vehicle location. They can also be used for such fixed applications as credit card validation and telemetry. The Mobitex system uses a published open architecture standard which allows any manufacturer to produce compatible radio modems and data terminals and facilitates the rapid development of applications software that satisfies a customer's unique requirements.
 BellSouth Enterprises manages a group of companies within BellSouth Corporation (NYSE: BLS) that provides mobile telecommunications services and directory advertising/publishing services throughout the world.
 RAM Broadcasting Corporation, headquartered in New York, is a privately owned concern with mobile data, paging, cellular, engineering and consulting services interests in the U.S. and Europe.
 -0- 1/24/92
 /CONTACT: Tim Klein of BellSouth Enterprises, 404-249-4135/
 (BLS) CO: BellSouth Enterprises; BellSouth Corporation; RAM Broadcasting
 Corporation ST: Georgia IN: TLS SU: JVN


BR-BN -- AT002 -- 3175 01/24/92 10:05 EST
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Publication:PR Newswire
Date:Jan 24, 1992
Words:454
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