Chris; more MTON News
Thursday January 14, 4:00 pm Eastern Time
Company Press Release
SOURCE: Metro One Telecommunications, Inc.
Metro One Telecommunications Signs New Business
Contract With US Unwired
PORTLAND, Ore., Jan. 14 /PRNewswire/ -- Metro One Telecommunications, Inc. (Nasdaq: MTON - news), a leading
provider of Enhanced Directory Assistance® (EDA) to the telecommunications industry, announced that it has signed a
multi-year agreement to provide its EDA services to US Unwired's PCS subscribers in eastern Texas and southwestern
Louisiana. US Unwired, with PCS licenses covering a population of more than 2.8 million, has provided service in these areas
since November 1997.
US Unwired, based in Lake Charles, La., is a rapidly growing communications company with interests in wireless, local service
and Internet industries. An affiliate of Cameron Communications Corporation, US Unwired provides PCS and cellular wireless
services, as well as other telecommunications services, throughout Louisiana and East Texas. For more information, visit the
US Unwired web site at usunwired.com.
Metro One Telecommunications, Inc. is recognized as the pioneer in the development of Enhanced Directory Assistance
services for the telecommunications industry. The company operates a network of strategically located call centers throughout
the U.S. Revenue for the full year 1997 was $26.1 million. Revenue for the first nine months of 1998 was $31.3 million, or 84
percent above the same period in 1997. The company handled approximately 42 million requests for directory assistance on
behalf of its carrier customers for the full year 1997 and approximately 50 million requests in the first nine months of 1998. For
more information, visit the Metro One Telecommunications web site at metro1.com.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of The Private
Securities Litigation Reform Act of 1995. The forward-looking statements involve risks and uncertainties that could cause
actual results to differ materially from the forward-looking statements, including, but not limited to, increased competition,
expiration of EDA contracts, the rapidly changing telecommunications market, changes in pricing policies by the company or its
competitors, lengthy sales cycles, lack of market acceptance or delays in the introduction of new version of the company's
products or features, the timing of the initiation of wireless services in the new market areas by telecommunications customers,
the timing and expense of the company's expansion of its nationwide call center network and other factors detailed in the
Company's Securities and Exchange Commission filings, including its reports on Form 10-KSB for the year ended December
31, 1997 and on Form 10-QSB for the quarter ended September 30, 1998. The forward-looking statements should be
considered in light of these risks and uncertainties.
SOURCE: Metro One Telecommunications, Inc.
More Quotes and News:
Metro One Telecommunications Inc (Nasdaq:MTON - news)
Related News Categories: telecom
PS news lately that Bell Canada plans to let go 2400 operators and
contract out the services as it is more economically viable.
Contract going to a US operator, but no name announced. Contract
will be sealed in march. Possibly??
Regards, Allan P
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