NEWS FLASH 2000-12 (APRIL 2000)
April 11, 2000)
AGREEMENTS AND INVESTMENTS
and VodafoneAirTouch Form Verizon Wireless - Will Invest More Than $3
Billon in Network in 2000 (Source - Information Week)
Six months after they announced plans to combine their U.S. wireless
cellular, paging and PSC business, Bell Atlantic and VodafoneAirTouch Plc
have launched Verizon Wireless entity.
Equity is divided: Bell Atlantic-GTE owns 50 percent and Vodafone
45 percent. The new company
will be managed by Bell Atlantic.
This year Verizon Wireless will invest over $3 billion in its nationwide
network to further:
CDMA digital standard
capacity for wireless voice and data
services, such as wireless two-way short messaging service (SMS)
of third generation network technology through field trials
Short Messaging Service
In collaboration with Lucent
Technologies and Nortel Networks, Verizon Wireless will offer nationwide
two-way SMS via Kyocera and Motorola handsets. SMS enables mobile users to
send text messages to other compatible mobile handsets or other Internet
can compose messages or select from standard messages.
Confirmation indicates that a message has been received.
Acknowledgement allows users to respond to common inquires (Yes/No)
applications such as email-on-the-run will be included.
Verizon Wireless data services will allow subscribers to:
the Internet via its CDMA digital network at speeds of 19.2 KBPS
and receive email
With a potential 23 million wireless and 4 million paging customers, time
will tell if Verizon Wireless maintains its market share in the midst of a
what appears to be a industry wide consolidation of wireless carriers, see
Bell South and SBC.
For more information, go to http://www.informationweek.com/story/IWK20000404S0003
Advisory and Comments: Mergers
are creating large international network service providers - what
you need in the new world without borders. They will increase your network
coverage and give you stability of service.
Note: This news release may contain
forward-looking statements. Readers should take appropriate caution in
developing plans utilizing these products, services and technology
All trademarks used in this summary are the
property of their respective owners.
Do you want to see more news? Go to the News Home
providing comprehensive information to mobile computing community of IT
professionals, user organizations, and