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CELLULAR COMMUNICATIONS INTERNATIONAL ANNOUNCES OPERATING RESULTS FOR 1991

 CELLULAR COMMUNICATIONS INTERNATIONAL ANNOUNCES
 OPERATING RESULTS FOR 1991
 NEW YORK, March 30 /PRNewswire/ -- Cellular Communications International, Inc. (NASDAQ: CCIL) announced today its operating results for the year ended Dec. 31, 1991.
 Cellular Communications International, Inc. ("CCII") was a wholly owned subsidiary of Cellular Communications, Inc. ("CCI") until July 31, 1991, when it was distributed to CCI shareholders, who received one share of CCII for every 6 shares of CCI they held. Immediately prior to the distribution, CCII received a cash contribution of approximately $14,000,000 from CCI. On Sept. 17, 1991, CCII purchased $10,000,000 of CCI Series A preference stock.
 CCII is at present pursuing opportunities in mobile telecommunications services outside the United States. Currently, CCII's primary asset is its investment in Omnitel, an Italian joint venture organized to apply for a cellular telephone license in Italy (including San Marino and Vatican City), if and when the Italian government makes such a license available. CCII has not yet generated any revenues from operations.
 CELLULAR COMMUNICATIONS INTERNATIONAL, INC.
 Year Ended Dec. 31
 1991 1990
 General and administrative
 expenses $ 623,000 $ 143,000
 Equity in loss of joint venture 20,000 5,000
 Write-off of deferred costs 73,000 --
 Write-off of investment in
 joint venture -- 489,000
 Operating (loss) (716,000) (637,000)
 Interest and dividend income 350,000 --
 Net (loss) $(366,000) $(637,000)
 Net (loss) per common share $ (.06) $(.10)
 Discussion Of Results
 General and administrative expenses were $623,000 in 1991 and $143,000 in 1990 as a result of efforts to obtain mobile communications licenses in various countries including Italy, San Marino and Vatican City in 1991 and 1990.
 CCII wrote-of $73,000 and $489,000 in 1991 and 1990, respectively, in connection with unsuccessful efforts to obtain licenses for mobile communications networks.
 Interest and dividend income increased from none in 1990 to $350,000 in 1991 due to higher cash balances available for investments and accrued dividends on CCI preference stock.
 -0- 3/30/92
 /CONTACT: William B. Ginsberg, president, 212-906-8480, or Thomas B. Tesluk, senior vice president, 212-906-8488, both of Cellular Communications International/
 (CCIL) CO: Cellular Communications International, Inc. ST: New York IN: TLS SU: ERN


PS -- NY006 -- 2714 03/30/92 08:53 EST
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Date:Mar 30, 1992
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