To: djane who wrote (5026 ) 6/4/1999 2:12:00 AM From: djane Read Replies (1) | Respond to of 29987
ICO links up with MTN Presswire - June 03, 1999 13:08 M2 PRESSWIRE-3 June 1999-ICO:(C)1994-99 M2 COMMUNICATIONS LTD Pretoria -- ICO Global Communications, the global mobile communications company, has signed a memorandum of co-operation with South African cellular network operator MTN International. The memorandum of co-operation provides for ICO and MTN, together with ICO Service Partners, to work together in structuring the appropriate distribution infrastructure for ICO services in several markets on the continent. MTN is the leading cellular network operator in Africa with more than one million subscribers in South Africa, and in excess of 50,000 in countries north of South Africa where it currently has three operating licences and is negotiating a further two. Khaya Dlukulu, ICO's General Manager for Africa, said: "One of the biggest challenges we face in Africa is the need to help many of our Service Partners realise the full commercial potential that our service has to offer. "We hope that this agreement will provide a real boost to our efforts to build a commercially successful distribution network in Africa. MTN, with its multinational presence and credibility around the continent, is well positioned to create the necessary strategic alliances with our Service Partners that will help achieve this objective." ICO Global Communications (Nasdaq: ICOGF) was established in January 1995 as a private company to provide global mobile personal communications services by satellite, including digital voice, data, fax and messaging services. It has raised approximately US$3 billion to date from equity and debt investors. Among its investors are more than 60 strategic partners and investors, comprising telecommunications and technology companies from over 50 markets around the world. In July of 1998, ICO was listed on Nasdaq in New York and became a public company. ICO expects to begin commercial operations of its mobile satellite services in the third quarter of next year. Its satellite services are expected to be used by international and domestic cellular users who roam outside areas covered by compatible cellular networks from business, industry and government organisations, mining, transportation, aeronautical, maritime, media and other sectors, as well as residents of rural and remote areas lacking adequate local communications. ICO's services will be based on a new generation of pocket-sized mobile phones that will allow users to make and receive calls at any time, anywhere in the world. The handsets will be dual mode, capable of working on satellite, cellular and PCS networks. Using their handsets, customers will be able to roam between ICO and mobile networks around the world. If no cellular network is available, the handset will roam to ICO's satellite network to offer customers mobility and accessibility for their communications needs. ICO's services will be available to a wide range of users - from people living and working in remote rural areas to the international business traveller. In addition, ICO will offer services to the road transport, maritime and aeronautical sectors. CONTACT: Michael Johnson/Robert Taylor, ICO Global Communications Tel: +44 (0)181 6001255 Fax: +44 (0)181 5630301 e-mail: michael.johnson@ico.com e-mail: robert.taylor@ico.com WWW: ico.com *M2 COMMUNICATIONS DISCLAIMS ALL LIABILITY FOR INFORMATION PROVIDED WITHIN M2 PRESSWIRE. DATA SUPPLIED BY NAMED PARTY/PARTIES.* Headlines Next Story ICOGF V%M2 P%M2PR