GTE enters joint venture to bid on cellular services in Taiwan
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The joint-venture consortium is headed by Pacific Electric Wire and Cable of Taiwan (PEWC) and includes Acer Inc., the computer manufacturer, Evergreen, Taiwan's largest transportation company, and three other leading Taiwan-based multinational companies.
The consortium's proposed entry into the mobile communications arena follows the Taiwan Ministry of Transportation and Communications' decision in January to liberalize telecommunications in Taiwan, and issue eight licenses for mobile-communications services.
PEWC operates a CT-2 service in Taiwan, and a PEWC consortium was recently awarded a license to operate a digital cellular mobile service in Hong Kong. PEWC is also a shareholder in Iridium, the 66-satellite system that intends to provide worldwide personal communications services.
With revenues of $20 billion in 1995, GTE is one of the largest publicly held telecommunications companies in the world. GTE is also the largest U.S.-based local telephone company and a leading cellular-service provider -- with wireline and wireless operations that form a market area covering about one third of the country's population. Outside the United States, where GTE has operated for more than 40 years, the company serves over 6 million customers. GTE is also a worldwide leader in aircraft-passenger telecommunications, directories and telecommunications-based information services and systems.