Word: ameritech
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...most likely customers are executives and salespeople who have been unable to get mobile phones because of the limited capacity of the old systems. Says Katie Harriss, an executive with Ameritech in Chicago, the first company to offer cellular service: "All the sales we've had so far are from the pent-up demand that already existed." Ameritech has been operating its network only since October and has 6,500 customers. It expects to have twice as many by December...
...largest court-mandated breakup of a company since the split-up of Standard Oil in 1911. In place of the old Ma Bell will stand the "new" AT&T and seven regional telephone holding companies, all beginning life as giants and carrying such unfamiliar names as Nynex, Ameritech, U S West and Pacific Telesis. The eight new companies will immediately join the ranks of the 50 largest U.S. corporations in terms of assets...
...cover New York and parts of six New England states; Bell Atlantic of Philadelphia will serve New Jersey, Pennsylvania, Delaware, Maryland, Virginia, West Virginia and the District of Columbia; BellSouth of Atlanta will have customers in Georgia, North Carolina, South Carolina, Florida, Alabama, Kentucky, Louisi ana, Mississippi and Tennessee; Ameritech of Chicago will reach the heartland states of Indiana, Michigan, Illinois, Ohio and Wisconsin; Southwestern Bell of St. Louis will join Arkansas, Kansas, Texas, Missouri and Oklahoma; U S West of Denver will cover the largest geographical area, 14 states in the Midwest, Rocky Mountains and Northwest; and Pacific Telesis...
Cellular phones rely on low-power transmitters in designated cells, or districts, to relay signals from passing automobiles equipped with the mobile phones. Last month Ameritech Mobile Communications introduced in Chicago the first commercial cellular mobile radio service. Bell Atlantic's Mobile Systems expects to launch cellular service early next year in Washington, Baltimore and Philadelphia. By 1990 1.5 million cellular phones could be operating...
...each of the seven regional operating companies for every ten shares of A T & T stock they have. Thus someone with 100 shares of AT&T, worth $6,675 last week, would acquire another ten shares each in new companies with such unfamiliar names as Pacific Telesis and Ameritech. Those with fewer than ten A T & T shares will be given cash instead of partial shares in the operating companies...