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Technology Stocks : IRID - Iridium World Communications IPO Announced! -- Ignore unavailable to you. Want to Upgrade?

To: Joe Brown who wrote (1393)	2/26/1999 9:39:00 PM
From: Leon Chrisman	Read Replies (1) \| Respond to of 2693

Iridium Commends FCC Steps to Implement "GMPCS-MoU" WASHINGTON--(BUSINESS WIRE)--Feb. 26, 1999--Iridium LLC today commended the actions taken by the United States Federal Communications Commission (FCC) this week to initiate a proceeding to implement the Global Mobile Personal Communications by Satellite - Memorandum of Understanding (GMPCS-MoU) and Arrangements. The GMPCS-MoU is an international framework, administered by the International Telecommunication Union (ITU), designed to facilitate the ability of consumers of GMPCS services to carry their handsets and pagers across borders. ''Iridium has been an active participant in the development and implementation of the GMPCS-MoU, and we have appreciated the work and support of the FCC throughout the process,'' said Patricia Mahoney, Iridium's Assistant General Counsel, Regulatory and Trade Policy. ''The United States was one of the leaders in the development of the GMPCS-MoU and Arrangements, and we are pleased to see the FCC taking steps toward full and final implementation of the GMPCS-MoU.'' The Notice of Proposed Rulemaking adopted by the FCC yesterday -- and expected to be released shortly -- outlines a proposed procedure for the licensing, certification, marking, and customs treatment of GMPCS terminal equipment in the U.S. It also contemplates formal recognition by the U.S. of the ''GMPCS-MoU ITU Registry'' mark. Iridium's terminals, manufactured by Motorola and Kyocera, were the first handsets and pagers to be permitted to affix the GMPCS-MoU ITU Registry mark. This mark indicates that the Iridium handsets and pagers have met certain standards and requirements and that information about the terminals can be found on a registry at the ITU. The mark has been designed, consistent with the GMPCS-MoU, to promote the global mutual recognition of equipment authorizations, allowing travelers to cross borders more easily with their new global satellite telephones and pagers.