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To: Mark Oliver who wrote (7691)1/12/2000 12:08:00 PM
From: Souze  Respond to of 10081
 
Message 12527738

excerpts from Bloomberg article:

"Detroit, Jan. 9 (Bloomberg) -- General Motors Corp. said it's in talks with a unspecified large telecommunications company about a partnership that will make the world's biggest automaker a major reseller of cellular services that extend beyond the confines of a car and into the home and workplace. The scope far exceeds GM's current OnStar communications and satellite-based navigation system, whose subscriber base is projected to rise to 3 million in a few years from 100,000 now. The companies will begin tapping that customer base to sell traditional cellular services this year and more advanced services as they become available, said Mark Hogan, group vice president for e-GM, the carmaker's Internet business unit. "

"The expected growth in the OnStar service would increase leverage to drive down the cost of the cellular services GM purchases, Hogan said. The lower prices will help GM and its partner sell OnStar to more customers and expand into traditional cellular services. Because it uses satellites to track vehicles with pinpoint accuracy, OnStar can direct police and medical personnel to the exact location of accident. Drivers seeking the same help with cellular phones sometimes aren't certain where they are and may be routed to 911 emergency operators in the wrong cities." "



To: Mark Oliver who wrote (7691)1/12/2000 4:11:00 PM
From: John Madarasz  Read Replies (1) | Respond to of 10081
 
Mark...LOL!

Don't forget the guy in the corner with the cone shaped hat and glasses.

This post cracked me up...I'm still laughing...

Mark, I'm sorry you are so disappointed, really. You bring a lot of great info to this board and I can't thank you enough for your very valuable comments and insights.

FWIW the last time you blew up like this, GMGC came out with the Onstar announcement a couple days later, so judging from the timbre of your most recent post, I can see an AOL- GMGC deal being announced any time now.

Seriously, I know GMGC gets your goat, but I hope you hang on and make a killing; then you can have the last laugh...

Best Regards,

John