To: djane who wrote (5568 ) 7/7/1999 2:09:00 PM From: djane Respond to of 29987
Full PR. ICO to provide a satellite rural telephony service in Mexico Presswire - July 07, 1999 13:07 M2 PRESSWIRE-7 July 1999-ICO: ICO to provide a satellite rural telephony service in Mexico (C)1994-99 M2 COMMUNICATIONS LTD Mexico City -- ICO Global Communications, the global mobile communications company, has signed its first agreement with a Telecommunications operator for the provision of a rural telephony service. Under the terms of the agreement, Telecomunicaciones de Mexico (TELECOMM) and ICO will make available up to 24 million minutes of traffic during the first year, through 4,000 ICO residential terminals. The ICO rural service is designed to provide network extension for telecommunications operators needing coverage in rural or remote areas. It is intended that this service will provide access to ICO's standard voice and fax services, with data service available for applications such as remote diagnostics and monitoring. The ICO service will be part of the satellite service offered by TELECOMM to the rural telephony programme of the Secretaria de Comunicaciones y Transportes de Mexico. The goal of the programme is to provide telephone services to more than 30,000 small communities of between 100 and 500 inhabitants. Richard Greco, ICO's Chief Executive Officer, and Telecomm Director General Carlos Mier y Teran signed the agreement in the Mexican capital. Mr. Miery Teran said: "Telecomm is the ICO Service Partner for Mexico and the major ICO strategic investor in Latin America. Both companies have had a growing relationship which has led to a long term co-operation plan and the desire to work together on a wide range of commercial projects. Rural telephony is just one example." Mr Greco said: "This is ICO's first agreement for the provision of rural telephony services, and a major step forward for our business as a whole. ICO's services are ideally suited for remote and rural communities throughout the world, and we expect to sign many more such agreements before the launch of our commercial satellite service." Editor's Note: ICO Global Communications (Nasdaq: ICOGF) 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 organisations, 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 traveller. In addition, ICO will offer services to the road transport, maritime and aeronautical sectors. CONTACT: Michael Johnson/Robert Taylor, ICO Global Communications Tel: +44 (0)181 600 1255 Fax: +44 (0)181 563 0301 e-mail: michael.johnson@ico.com e-mail: robert.taylor@ico.com Mario Andrada, ICO Global Communications Tel: +1 305 5234500 Fax: +1 305 523 4501 e-mail: mario.andrada@ico.com *M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.* Headlines Next Story ICOGF V%M2 P%M2PR