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Service launched in Buenos Aires, Argentina. Bright star on otherwise down day on NASDAQ?
MCLEAN, Va., June 1 /PRNewswire/ -- Nextel International, Inc., a wholly owned subsidiary of Nextel Communications, Inc. (Nasdaq: NXTL), will launch commercial service utilizing Motorola's iDEN(R) technology in Buenos Aires, Argentina under the name Nextel Argentina S.R.L. today. Nextel Argentina's system will provide all-digital wireless
communications coverage in the greater Buenos Aires metropolitan area, where approximately 20 million people live or work.
"We look forward to being part of the Argentinian economy. There is great potential for growth here," said Keith Grinstein, president and chief executive officer, Nextel International,Inc. "Nextel International now provides service to two major South American markets -Buenos Aires, Argentina and Sao Paulo, Brazil."
Nextel offers an innovative, wireless digital communications system for mobile workgroups, utilizing Motorola's iDEN technology, that integrates digital cellular, a digital two-way radio and text/numeric paging into a single phone.
"This marks the fourth iDEN system to become operational in Latin America," said Jim Osborn, vice president and general manager of Motorola's International iDEN infrastructure Division. "And, iDEN networks are operational today in ten countries worldwide."
Motorola is one of the world's leading providers of wireless communications,semiconductors, and advanced electronic systems, components and services. Major equipment businesses include cellular telephones, two-way radio, paging and data communications, personal communications, automotive, defense and space electronics and computers. Motorola semiconductors power communications devices, computers and millions of other products. Motorola's 1997 sales were $29.8 billion.
Nextel Communications, based in McLean, Va., is the leading provider of fully integrated wireless communications and has built the largest guaranteed all-digital wireless network in the United States. Nextel International, Inc. has wireless operations and investments in
Canada, Mexico, Argentina, Brazil, Indonesia, Philippines, Peru, Japan and Shanghai, China.
Please visit our website at nextel.com.
Motorola and iDEN are registered trademarks of Motorola, Inc.
SOURCE Nextel Communications, Inc.
/CONTACT: Nextel Media: Ben Banta, 703-394-3573; Nextel Investors: Paul Blalock, 703-394-3500; or Motorola Media: David Kurt, 847-538-3113/
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