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To: John Biddle who wrote (377)	7/29/1999 2:37:00 PM
From: bananawind	Read Replies (1) \| Respond to of 13582

Telefonica CDMA in Guatemala Telefonica to Invest $400 Million in Guatemala, Create 3,000 Jobs in Three Years -- Telefonica Started Providing Long-Distance Services on July 15 and Has Already Gained a 19% Market Share. -- Telefonica's Digital Mobile Phone Service will be Launched in September, Together With Fixed-Line Telephone, Internet and Data Transmission Services. GUATEMALA CITY, July 29 /PRNewswire/ -- Telefonica Centroamerica Guatemala plans to invest close to $400 million and create approximately 3,000 jobs in the country over the next three years, Antonio Viana-Baptista, chief executive officer of Telefonica Internacional, told a news conference. Viana-Baptista, on hand for the official launch of operations in Guatemala by Spain's Telefonica Group (NYSE: TEF), said the company will offer coverage, mainly through its digital mobile telephone service, to around 70% of the population within a year's time. The service will be offered in the 1900 MHz frequency band (PCS) using latest generation CDMA technology. Telefonica Centroamerica Guatemala, formed last May, began providing long-distance telephone service on July 15, with price discounts of up to 37%. In less than two weeks, it has gained a 19% market share. Starting in September, the company will offer digital mobile telephone service for which it hopes to have more than 40,000 customers before year-end. Plans for Telefonica's Guatemalan subsidiary include the launch of fixed-line telephone service, Internet access and data transmission for business clients, as well as public payphones, by the last quarter of 1999. In addition, Telefonica and TYCO of the U.S. have reached an agreement on submarine cable development which will also benefit Guatemala's international telephone service, before the year 2001. Telefonica's initial investment in Guatemala will come to approximately $140 million in 1999 and rise to $400 million within three years. Telefonica Centroamerica Guatemala will follow the model applied in El Salvador, where the Spanish company's entry into the market brought a significant reduction in telephone rates and a higher penetration of mobile lines. Telefonica Centroamerica Guatemala, which will offer a full range of telecoms services, was formed as the result of a strategy to create a global telecommunications operator in Central America. The operator is a member of the Telefonica Centroamerica group, which is 51%-owned by Telefonica Internacional, the Latin American investment unit of the Telefonica Group. The remaining 49% is held by Grupo Mesoamerica Telecom, an investment company formed by major Central American business concerns. Telefonica's strategy of entering new markets in Central America through second operators has already proved successful. Telefonica El Salvador, the first subsidiary created within the Telefonica Centroamerica group, was created in July, 1998 and has already gained a market share of 33% in cellular telephony and of 40% in long distance. It offers basic telephone service, as well as mobile, long distance and data transmission services. Telefonica, S.A. (1998 revenues: $20.377 billion) is the largest provider of telecommunications services in the Spanish- and Portuguese-speaking world. Through affiliate companies in 17 countries, the Telefonica Group services a market of more than 530 million potential customers. As of March, 1999, Telefonica owned or managed 36.8 million fixed telephone lines, 12.3 million cellular phones and had 2.3 million pay television clients. SOURCE Telefonica S.A. /CONTACT: Edward Holland of Telefonica, +34-91-584-0899/ /Web site: telefonica.es

To: John Biddle who wrote (377)	7/29/1999 2:43:00 PM
From: bananawind	Respond to of 13582

Wireless internet arrives via Airtouch and Thinphone AirTouch Launches All-Digital Mobile Internet Service Net Access is fastest wireless data service offered by a major U.S. cellular carrier -- and includes a direct connection to Internet SAN FRANCISCO--(BUSINESS WIRE)--July 29, 1999--AirTouch Cellular today launched Net Access, an all-digital service that lets travelers and mobile workers cut the tether to their desktops and access the Internet, online services or corporate networks while on the go. Armed with a laptop computer and a data-ready AirTouch digital phone, customers in Michigan, Salt Lake City and Seattle can now enjoy the freedom and convenience of Net Access, the fastest and most convenient wireless information service offered by a major U.S. cellular carrier. AirTouch plans to extend the service across most of its footprint by the first quarter of next year. Users at airports, client sites or even the beach can now send and receive e-mail, files and faxes; access their company's intranet; update contacts and schedules; and use the Internet to check a customer's Web site, monitor news and stock prices and review airline schedules -- all without having to plug into a telephone line. Net Access is the first of several planned Mobile Internet offerings from AirTouch. Products coming soon will include wireless portal services that work with handheld smart phones and personal digital assistants to facilitate a variety of mobile messaging, information and e-commerce services. ''In today's fast-paced world, Net Access will help you stay in touch, manage information more productively and balance your life,'' said Arun Sarin, CEO of the U.S./Asia-Pacific region of Vodafone AirTouch Plc, AirTouch's parent company. ''It promises to be as revolutionary for personal information access and management as cellular was for voice communications.'' Unlike previous wireless data access services, Net Access doesn't require an expensive wireless modem. It works with new data-ready digital phones such as the sleek, lightweight and inexpensive Qualcomm 860 Thin Phone, which AirTouch is the first cellular carrier to offer. (Compatible handsets from other vendors will be available later this year.) The phone, connected to your laptop with a simple serial cable (available from AirTouch), is all you need -- the service requires no other hardware or special software. Net Access provides a speedier and much more reliable connection than older analog-based wireless services. The service offers the fastest data throughput commercially available from any major U.S. cellular or PCS carrier and is more than adequate for text-based applications such as e-mail or most Web browsing. In addition, Net Access connects you directly to the Internet exceptionally fast -- typically in fewer than 10 seconds, according to our tests, compared to as much as 30 seconds for dial-up access from your desktop. ''With its promise of broad geographic coverage, Net Access will be an invaluable tool for many professionals and business people who can't afford to wait to access vital information,'' said Andrew Seybold, mobile communications analyst and publisher of Andrew Seybold's Outlook. ''The service is affordable, easy to use, and will set customers free from the tether of telephone lines while they're on the go.'' The service is priced for now at the same airtime rates as voice communications. While connected to Net Access, customers can use the minutes they already have in their monthly bundle. About AirTouch AirTouch serves 9 million U.S. cellular and PCS customers on a proportionate basis. Its ventures operate in 25 states and 22 of the top 30 U.S. markets, including Atlanta, Chicago, Dallas, Detroit, Houston, Los Angeles, Miami, Phoenix, San Diego, San Francisco and Seattle. AirTouch is part of Vodafone AirTouch Plc, the world's largest wireless communications firm, based in the United Kingdom. It has mobile operations in 24 countries on five continents, with more than 31 million proportionate customers. For more information, visit the AirTouch web site at www.airtouch.com. Contact: AirTouch Jonathan Marshall, 415/658-2209