To: EepOpp who wrote (41344 ) 9/16/1999 7:26:00 AM From: MileHigh Read Replies (2) | Respond to of 152472
What might this mean to future CDMA endorsement? Thursday September 16, 6:57 am Eastern Time AT&T and BT form mobile communications alliance BASKING RIDGE, N.J., Sept. 16 (Reuters) - AT&T Corp. (NYSE:T - news) and British Telecom Plc (quote from Yahoo! UK & Ireland: BT.L) said Thursday they had formed a strategic pact with the goal of providing ``seamless' global mobile communications services. Terms of the so-called Advance alliance were not disclosed. The two companies are currently awaiting regulatory approval for their $10 billion global venture announced in 1998 designed to serve multinationals, carriers and Internet service providers. The pact plans to offer a new mobile Global Account Services package, which will give multinational customers global contracts and consolidated management information, the companies said in a joint statement. The two companies also said they plan to grow revenues from roaming -- a period when charges are applied if callers are outside their mobile network -- by directing as much traffic as possible onto the two companies' own global networks and other initiatives. AT&T and BT also said they would take a common position on the latest technologies, merging the use of the Internet and mobile services as well as pooling resources to gain economies of scale in purchasing and investment decisions. ``By pairing two of the leading telecommunications companies in the world, AT&T and BT, we think we can make some things happen that will eventually give customers those 'anytime, anywhere' capabilities from their mobile phones,' John Zeglis, AT&T's president said in the statement.