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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: WhatsUpWithThat who wrote (57396)1/5/2000 4:50:00 PM
From: Dugout  Read Replies (1) | Respond to of 108040
 
21 5/8



To: WhatsUpWithThat who wrote (57396)1/5/2000 4:54:00 PM
From: Bryan  Respond to of 108040
 
News for CLST
biz.yahoo.com

CellStar Reinforces Strategic Partnership With Investment in Arcoa Communications
CARROLLTON, Texas, Jan. 5 /PRNewswire/ -- CellStar Corporation (Nasdaq: CLST - news) today announced that it has made an equity investment in Arcoa Communications Co., Ltd., the largest telecommunications retail store chain in Taiwan. This follows the strategic alliance agreement between CellStar and Arcoa signed in April 1999. Under this agreement, CellStar serves as the primary supplier of Motorola-licensed handsets and accessories to Arcoa's retail stores.

``This investment, which constitutes 3.5% of Arcoa's outstanding stock, is an important step for both CellStar and Arcoa. CellStar intends to concentrate its efforts on increasing market share in both cellular handset and activation business in Taiwan.

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