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To: Joe NYC who wrote (15876)	10/1/1998 10:13:00 PM
From: Ruffian	Respond to of 152472

PEGASO; Pegaso Telecomunicaciones Consortium Makes Final License Payment for PCS Spectrum in Mexico PRNewswire Leap Wireless International Operating Company to Launch Nationwide Network in Mexico SAN DIEGO, Oct. 1 /PRNewswire/ -- Leap Wireless International, Inc. (Nasdaq: LWIN) today announced that Pegaso Telecomunicaciones, S.A. de C.V., a Mexican company owned 33% by Leap Wireless, yesterday made its final payment for its Personal Communications Services (PCS) license as required by Mexico's Federal Communications Authority (Cofetel). Winning license bidders were required to pay 20% of their bids up front in May 1998 and the remaining 80% by September 30, 1998. The Pegaso consortium paid just over 2 billion pesos (approximately US$200 million) in the final payment for nine 1900 MHz licenses that will enable it to provide nationwide service. Pegaso Telecomunicaciones is building a nationwide network to provide digital PCS wireless services using Code Division Multiple Access (CDMA) technology. The CDMA networks will offer secure, clear voice communications and fast, reliable access to data services, including e-mail, fax and Internet browsing. The consortium plans to launch commercial services in Mexico's four largest markets -- Mexico City, Monterrey, Guadalajara, and Tijuana --starting in early 1999. The consortium includes Grupo Pegaso, Grupo Televisa, Leap Wireless, Citicorp Equity Capital Latin America, AIG-GE Capital Latin America Infrastructure Fund, and [ Nissho Iwai Corporation ] . Headquartered in San Diego, California, Leap Wireless is a wireless communications carrier that deploys CDMA networks in domestic and international markets with strong growth potential. Leap Wireless was spun off from [ Qualcomm Incorporated ] on September 23, 1998. In conjunction with its strategic partners, Leap Wireless is building or anticipates building a combination of fixed and mobile wireless solutions in Mexico, Chile, Australia, Russia and the United States. The world is going wireless, and Leap believes CDMA is the technology of choice to increase the teledensity that is critical to economic growth. For each of its ventures, Leap Wireless expects to be actively involved in the management of the networks, combining its experience in international markets with its wireless technical expertise in CDMA. Leap Wireless is dedicated to bringing the benefits of reliable, cost-effective and high-quality wireless voice and data services to domestic and emerging markets. For more information about Leap Wireless, please visit the company's web site at leapwireless.com. This news release contains certain "forward-looking statements." Forward- looking statements, which are based upon certain assumptions and describe future plans, strategies and expectations of the Company, are generally identifiable by use of the words "believe," "expect," "intend," "anticipate," "estimate," "project" or similar expressions. The ability of the Company to predict actual results and other future events is inherently uncertain. Important factors which may cause actual results to differ materially from the forward-looking statements contained herein or in other public statements by the Company are described in the section entitled "Risk Factors" in the Company's Information Statement filed with the Securities and Exchange Commission on September 14, 1998. Those risk factors include the uncertainties relating to costs and profitability of development stage companies, the substantial leverage of Leap Wireless and its operating companies, the uncertainties regarding Leap Wireless' ability to access capital markets, and the risks associated with international emerging markets. SOURCE Leap Wireless International, Inc. (Copyright 1998) _____via IntellX_____ Publication Date: October 01, 1998 Powered by NewsReal's IndustryWatch ...back to top

To: Joe NYC who wrote (15876)	10/2/1998 2:57:00 AM
From: Rajala	Read Replies (2) \| Respond to of 152472

>I heard somewhere that if you are for example live in Portugal, >and you are visiting for example Switzerland, if you are calling >someone across the street in Switzerland,you get charged for >either 1 or 2 international calls between Portugal and >Switzerland. Is there any truth to it? In special cases you have to pay international charges. I.e. if its a portugese interim in her miniskirt on the other side of the street (with also a portugese mobile). But if you have a Portugese mobile and you call in Switzerland a Swiss number whether mobile or fixed there's no international line. The local operator switches the call directly to local phone. For the technofreaks about how the system works: Every time you switch on a GSM mobile wherever in the world it starts to communicate with the local network "I'm from Lissabon". The local network contacts the home network and asks for authentication i.e. is the mobile stolen, has the user been disconnected due to unpaid bills. If OK'd, the home network records in the HLR that the guy is in Namibia, and any calls for his number has to be directed to Windhoek, Namibia, BSC. The local network marks into its VLR that this guy is OK and the network logs him on and starts to follow him as he is scooting down the country in his open top Mercedes with the Portuguese interim (with the miniskirt). So when his mother calls him, the system knows where the guy is and that particular BTS starts calling the mobile. El brilliante (IMO). - rajala