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ICO Global Communications Secures First Satellite Roaming Agreement in US with AT&T Wireless Services

Strategic Insights

— 1 min read

ICO Global Communications, the global mobile communications company, has signed its first satellite roaming agreement in the United States with wireless network operator AT&T Wireless Services. This agreement marks a significant milestone for ICO as the company prepares to launch its satellite-enabled services in the fourth quarter of next year. Under the terms of the agreement, ICO customers will be able to roam onto AT&T's digital network in over 250 markets across the US, providing seamless coverage to their subscribers.

Key Takeaways:

  • ICO Global Communications has signed its first satellite roaming agreement in the US with AT&T Wireless Services, expanding its reach to over 10 million subscribers across North America.
  • The agreement enables ICO customers to roam onto AT&T's digital network in over 250 markets across the US, providing a significant increase in coverage.
  • ICO has secured 54 roaming agreements with network operators worldwide and expects to sign additional agreements with other cellular networks in North America in the coming months.
  • AT&T Wireless Services is one of the largest digital wireless networks in North America, with licenses in more than 250 markets across the US.
  • Mary Frost, ICO's Regional General Manager for North America, stated that the agreement is a critical step in ICO's progress towards commercial launch, highlighting the significant potential of the North American market.
  • ICO has raised approximately $3 billion to date from equity and debt investors, including more than 60 strategic partners and investors from over 50 markets around the world.

Statistics:

  • ICO has secured 54 roaming agreements with network operators worldwide as of August 1999.
  • AT&T Wireless Services has licenses in more than 250 markets across the US, serving over 10 million subscribers.
  • ICO expects to begin commercial operations of its mobile satellite services in the fourth quarter of next year.
  • The company's satellite services are expected to be used by international and domestic cellular users who roam outside areas covered by compatible cellular networks from various sectors, including business, industry, government, mining, transportation, aeronautical, maritime, media, and others.

Sources:

  • BUSINESS WIRE - Aug. 6, 1999
  • ICO Global Communications press release - August 1999
  • Nasdaq listing information - July 1998

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