Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : NEXTEL -- Ignore unavailable to you. Want to Upgrade?

To: Rono who wrote (9586)	4/3/2000 9:12:00 PM
From: Rono	Read Replies (1) \| Respond to of 10227

April 3, 2000 Dow Jones Newswires Nextel Commun Plans Worldwide Cell Phone Service By NICOLE HARRIS NEW YORK -- Nextel Communications Inc. (NXTL), the wireless communications company, is expected Monday to announce a new wireless service that will enable customers to use one cell phone in most parts of the world. Currently U.S. and European wireless networks operate largely on incompatible standards that make it challenging for Americans to use the same phone at home and abroad. A few wireless companies, including those who operate on GSM or global system for mobile communications, allow customers to "roam" in different countries. However, they often require the use of separate phones when traveling outside of a customer's "home" country. Nextel's new service, dubbed Nextel Worldwide, will enable globetrotters to use one phone in more than 65 countries, including 18 of the world's top 25 markets. The service will provide flat rate per minute pricing based on the country from which the calls originate. For example, calls made from much of Europe will cost only 99 cents a minute. Callers from Asia will pay $1.99 per minute. Users will receive one phone number and one bill for the service. And they'll need a new digital cell phone; models are priced from $249. Nextel, in Reston, Va., provides its wireless service to five million subscribers, mostly business customers. The company also boasts a distinctive technology: Its phones have built-in "two-way" radios that enable work groups of as many as 100 people to communicate at the touch of a button.