Omnipoint Offers First Wireless Flat-Rate International Calling Plan; Other New Packages Eliminate Long Distance, Roaming Charges
March 2, 1999
CEDAR KNOLLS, N.J., March 1 /PRNewswire/ Premier GSM wireless provider Omnipoint Communications today announced a groundbreaking global calling program -- one of four new pricing options now available throughout the company's service area. (See details below.)
All new and existing monthly customers can call more than 40 countries for a flat rate as low as 29 cents per minute. OmniRate(SM) International allows subscribers to call a variety of countries around the world any time and any day of the week.
A second new rate plan, OmniRate(SM) North America, eliminates long distance and roaming charges in the United States and Canada on GSM networks. The third new plan, OmniRate(SM) Network, offers these same benefits for calls made within Omnipoint's own network. OmniRate(SM) Home continues to offer Omnipoint's everyday low per-minute charges.
All four packages include free caller ID, voice mail, call waiting, call forwarding, built-in paging and Internet short e-mail access. These rates and features are available on all Omnipoint handsets starting as low as $49.
"Unlike any of our competitors, we offer customers the option to use their service in both the United States and Canada with no roaming charges," said Omnipoint President George Schmitt. "Our advanced GSM technology also allows subscribers to roam seamlessly overseas."
Rate Details
OmniRate(SM) International
For the first time ever, Omnipoint offers wireless customers the ability to call more than 40 countries, for a flat rate. Monthly subscribers may select a single country for $2.99 per month or all included countries for $9.99 per month. Then, depending on the country, each call costs either 29 cents or 59 cents per minute.
Because Omnipoint uses Global System for Mobile (GSM) communications technology, subscribers can take their service with them when they travel overseas. GSM is the world's most popular digital wireless standard, used in more than 120 countries by more than 135 million people.
OmniRate(SM) North America
This new package eliminates long distance charges for calls made to the United States, Canada, Puerto Rico and the U.S. Virgin Islands from anywhere within the U.S. and Canadian GSM network. It also eliminates roaming charges for wireless calls made from more than 2,500 U.S. and Canadian cities.
OmniRate(SM) Network
Omnipoint's own network includes most major population centers from Maine to Maryland, plus extensive areas in Southern Florida, Michigan and Indiana. Principal cities in its territories include New York, Philadelphia, Miami, Boston, Detroit, Indianapolis and Toledo. This new package also eliminates long distance and roaming charges within Omnipoint's network.
Omnipoint currently provides advanced wireless communication services in New York, New Jersey, Connecticut, Eastern Pennsylvania, Delaware, Massachusetts, New Hampshire, Rhode Island, Southern Florida, Michigan, Ohio, Indiana and Maryland; it intends to provide those services in additional areas.
Omnipoint is a founding member of the North American GSM Alliance, a group of North America's leading digital wireless Personal Communication Services companies. Using GSM communications technology, Alliance companies provide superior voice clarity, unparalleled security and leading-edge wireless voice, data and fax features for customers, whether at home, away or abroad. Other GSM Alliance members include: Aerial Communications, Inc.; Airadigm Communications, Inc., BellSouth Mobility DCS; Conestoga Wireless Company; Cook Inlet PCS; DIGIPH PCS; Microcell Telecommunications Inc.; NPI Wireless; Pacific Bell Wireless; Powertel, Inc.; Western Wireless Corp.; and Wireless 2000 PCS.
The Corporation
Omnipoint Communications is a subsidiary of Omnipoint Corporation (Nasdaq: OMPT). Founded in 1987, the parent company is a leader in commercializing PCS. In addition to Omnipoint Communications, Omnipoint Corporation also includes Omnipoint Technologies, Inc. a leading developer and supplier of wireless communication technologies, products and engineering services. As a pioneer in the industry, Omnipoint Technologies is on the forefront of developing and integrating advanced wireless technologies, such as GSM, GPRS packet data, EDGE, positioning and Internet access. Omnipoint Technologies also supplies the Eagle(TM) One wireless data communications module for integration into product applications and designs.
Except for historical information contained herein, the matters discussed and the statements made in this release concerning Omnipoint's future prospects are "forward-looking statements" under the Federal securities laws that involve risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from the forecast and estimates. Important factors that could cause actual results to differ materially include, but are not limited to, Omnipoint's limited operating history, including a history of losses and the uncertainty of future operating results, dependence upon cash flow from its subsidiaries, high leverage, debt service requirements and restrictive covenants related to its outstanding Senior Notes, the emerging market for PCS service, the continued buildout of Omnipoint PCS markets, significant capital requirements, and its dependence upon key employees. Omnipoint's future results may be impacted by other risk factors listed in its Registration Statement filed on Form S-3 on June 30, 1998, and other factors listed from time to time in its SEC reports, including, but not limited to, the report on Form 10-K for the year ended December 31, 1997.
More information is available on the Company's Website at omnipoint.com.
SOURCE Omnipoint Communications
/CONTACT: John Grotland of Omnipoint Public Relations, 973-290-2453, jgortland@omnipoint-pcs.com/ /Web site: omnipoint.com (OMPT)
[Copyright 1999, PR Newswire] |