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Technology Stocks : Nuevo Grupo Iusacell (CEL)

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To: Nancy Haft who wrote (44)2/14/2000 11:24:00 AM
From: Rob Preuss  Read Replies (1) of 206
 
[CEL in satellite phone deal with Globalstar.]

Monday February 14, 11:16 am Eastern Time

Mexico's Iusacell and Globalstar in satellite phone deal

MEXICO CITY, Feb 14 (Reuters) - Nuevo Grupo Iusacell,
Mexico's second largest cellular operator, will start
marketing satellite phone services and products
from Globalstar de Mexico, provider of Globalstar
Telecommunications (NasdaqNM:GSTRF - news).

The two firms said in a news release Monday that Iusacell
(NYSE:CEL - news) will offer customers Globalstar satellite
telephone systems that use land-based CDMA (code division
multiple access) technology for communications within the
cellular coverage area of Iusacell.

The Mexican firm also will offer Globalstar's services where
cellular coverage is unavailable.

``The Globalstar systems are trimodal, and they provide CDMA,
analog and satellite digital transmissions in a single
terminal unit,' said Amaury Rivera, Iusacell's vice
president of marketing.

Iusacell, managed and operated by subsidiaries of U.S. phone
firm Bell Atlantic (NYSE:BEL - news), had some 1.1 million
suscribers as of September 30, and is second to market leader
Telcel, the cellular unit of former monopoly Telefonos de
Mexico (Telmex) (NYSE:TMX - news).

Telcel reported 5.272 million users by the end of 1999.
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