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VANGUARD CELLULAR SYSTEMS, INC. APPLIES FOR INDIA CELLULAR LICENSES

 VANGUARD CELLULAR SYSTEMS, INC. APPLIES FOR INDIA CELLULAR LICENSES
 GREENSBORO, N.C., April 2 /PRNewswire/ -- Vanguard Cellular Systems, Inc. (NASDAQ-NMS: VCELA) today announced that it has entered into a joint venture to apply for authorization to operate cellular systems in India for the country's four largest cities: New Delhi, Bombay, Calcutta and Madras. These metropolitan areas together have a population of over 37 million people.
 Vanguard's joint venture partner is one of the leading telecommunications companies in India, Telecommunications Consultants India Ltd. ("TCIL"). TCIL, which is headquartered in India's capital, New Delhi, provides consultancy services and turnkey contracts for telecommunications related goods and services both in India and in other countries. The agreement provides for a 50-50 joint venture between Vanguard and TCIL to apply for authorization to construct and operate cellular telephone systems in the four metropolitan areas.
 The cellular license application process marks the first time the Indian government will grant a service license to private industry. The first portion of the application was filed March 31 and the licensing process is expected to continue through this year. The TCIL Vanguard Joint Venture is one of approximately 30 applicants at this time.
 India is the largest democracy in the world, with a population of approximately 850 million. It has the tenth largest Gross Domestic Product in the world, ranking higher than such countries as Australia, Mexico and Taiwan. "India has undergone dramatic political, economic and trade reformation within the last year, leading to new levels of business opportunity for Indian and foreign companies working together. We feel that this is a unique opportunity to offer significant improvement in communications services for the citizens of India, as cellular will fulfill both primary and secondary telecommunications needs in a developing country," said Haynes G. Griffin, Vanguard's President and Chief Executive Officer. "Vanguard is honored to have such a prestigious partner as TCIL," Griffin added. "We see a bright future in potential economic development as envisioned by our strategic alliance."
 Vanguard Cellular Systems, Inc., headquartered in Greensboro, N.C., owns interests in and operates cellular telephone systems primarily in the Eastern United States. Based on its 6.1 million "pops" including pops under contract, Vanguard is the nation's third largest independent operator of solely nonwireline cellular systems.
 -0- 4/2/92
 /CONTACT: Stan Haines, Vanguard Cellular Systems, Inc., 919-545-2100/
 (VCELA) CO: Vanguard Cellular Systems, Inc.; Telecommunication Consultants
 India Ltd. ST: North Carolina IN: TLS SU: JVN


CM -- CH003 -- 4281 04/02/92 10:32 EST
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Publication:PR Newswire
Date:Apr 2, 1992
Words:414
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