To: bananawind who wrote (1368 ) 9/9/1999 2:55:00 PM From: Ruffian Respond to of 13582
Sprint> Wednesday September 8, 12:17 pm Eastern Time Company Press Release SOURCE: Sprint PCS Sprint Launches New Nationwide Wireless Calling Program Account Spending Limits Program Offers Clear Wireless Calling for Everyone Regardless of Credit Status KANSAS CITY, Mo., Sept. 8 /PRNewswire/ -- Sprint PCS (NYSE: PCS - news) today announced nationwide availability* of its new Account Limits Spending program. Now customers can receive the benefits of the Sprint PCS Free & Clear Plan including free long distance, regardless of a customer's credit status. Finally, anyone who wants to subscribe to wireless service, without subscribing to a prepaid plan, can with Sprint PCS Account Spending Limits. Sprint PCS customers in the Account Spending Limits program will be assigned a credit class with an attached dollar amount ($125 or $200), much like that of a typical credit card arrangement. Depending on the assigned credit class, Sprint PCS Account Spending Limits customers may be required to pay a $125 deposit, which is fully refundable after 12 months with 6% interest, assuming a satisfactory payment record. After the credit class is determined and a deposit is paid, if necessary, Account Spending Limits customers may sign up for any Sprint PCS service plan or promotion and will also be able to roam if using a dual-band Sprint PCS Phone(TM). ''Sprint PCS Account Spending Limits allows anyone to receive the benefits of the Sprint PCS nationwide wireless network, regardless of their credit status,'' said Charles Levine, chief sales and marketing officer for Sprint PCS. ''Customers no longer have to subscribe to prepaid calling plans or have certain features and functions of their service restricted. Sprint PCS Account Spending Limits offers the credit-challenged the same clear and simple pricing including free long distance, value-packed promotions and nationwide coverage that other customers receive.'' When a customer reaches 80 percent of the spending limit, a text message is sent to the customer's phone that reads, ''SPENDING LIMIT ALERT.'' At this time, customers should make arrangements to pay down their balance. Customers do not need to subscribe to Sprint PCS Text Messaging to receive the notification, nor is the customer charged for the message. Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at sprintpcs.com . Sprint PCS is a wholly-owned tracking group of Sprint Corporation trading on the NYSE under the symbol ''PCS.'' Sprint is a global communications company at the forefront in integrating long distance, local and wireless communications services and one of the world's largest carriers of Internet traffic. Sprint built and operates the United States' only nationwide all-digital, fiber optic network and is the leader in advanced data communications services. Sprint has $17 billion in annual revenues and serves more than 20 million business and residential customers. Some affiliate markets will not have Sprint PCS Account Spending Limits at launch. SOURCE: Sprint PCS