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To: djane who wrote (5342)	6/23/1999 7:03:00 PM
From: djane	Read Replies (1) \| Respond to of 29987

ICO and Russian Telecommunications Authority Agree to Bring Global Mobile Communications to Russia Wednesday June 23, 5:43 pm Eastern Time Company Press Release MOSCOW--(BUSINESS WIRE)--June 23, 1999--ICO Global Communications, the global mobile communications company, has signed a Memorandum of Understanding with the State Committee for Telecommunications of the Russian Federation that formalizes the intent of both parties to bring ICO global mobile communications to the Russian people. The State Committee (formerly the Ministry of Communications of the Russian Federation) is the official Russian entity dealing with all telecommunications approvals, including frequency allocation and type approvals for user terminals. The MoU formalizes the intent on the part of both ICO and the State Committee to proceed with the implementation of ICO's Global Mobile Personal Communications Services (GMPCS) concept in Russia. The State Committee ''recognizes the importance of the work undertaken by ICO on the project to establish a Global System of Mobile Satellite Communications, and intends to support the most expeditious implementation of satellite communications on the territory of the Russian Federation, in accordance with procedure currently in effect,'' the MoU states. Stan Cramton, ICO's representative in Russia, said: ''The Memorandum is a significant step for the development of ICO's activities in Russia, as it sets out the framework for co-operation between the State Committee and ICO in developing GMPCS. We look forward to the continuation of our joint efforts in achieving a timely ICO Service Launch in Russia and to the continued support of all to achieve this objective.'' Editor's Note: ICO Global Communications (Nasdaq:ICOGF - news) was established in January 1995 as a private company to provide global mobile personal communications services by satellite, including digital voice, data, fax and messaging services. It has raised approximately US$3 billion to date from equity and debt investors. Among its investors are more than 60 strategic partners and investors, comprising telecommunications and technology companies from over 50 markets around the world. In July of 1998, ICO was listed on Nasdaq in New York and became a public company. ICO expects to begin commercial operations of its mobile satellite services in the third quarter of next year. Its satellite services are expected to be used by international and domestic cellular users who roam outside areas covered by compatible cellular networks from business, industry and government organizations, mining, transportation, aeronautical, maritime, media and other sectors, as well as residents of rural and remote areas lacking adequate local communications. ICO's services will be based on a new generation of pocket-sized mobile phones that will allow users to make and receive calls at any time, anywhere in the world. The handsets will be dual mode, capable of working on satellite, cellular and PCS networks. Using their handsets, customers will be able to roam between ICO and mobile networks around the world. If no cellular network is available, the handset will roam to ICO's satellite network to offer customers mobility and accessibility for their communications needs. Services will be available to a wide range of users - from people living and working in remote rural areas to the international business traveler. In addition, ICO will offer services to the road transport, maritime and aeronautical sectors. Visit the ICO Website at: www.ico.com, containing an extensive press office and image library Contact: ICO Global Communications Joe Tedino or Rebecca Dittmar 202/887-8111 joseph.tedino@ico.com or rebecca.dittmar@ico.com www.ico.com More Quotes and News: ICO Global Communications (Holdings) Ltd (Nasdaq:ICOGF - news) Related News Categories: computers, telecom Help Copyright © 1999 Business Wire. All rights reserved.