Aerial Communications, Inc. - AERL- Profile

Aerial Communications, Inc. acquires Personal Communications Services (PCS) licenses, constructs PCS networks and offers wireless PCS communications services in trading areas. The company constructs networks for the PCS markets using global system for Mobile Communication Technology. PCS refer to the wireless telecommunicatons services that are offered by those companies that acquired licenses for radio spectrum in the Federal Communications Commission auctions and are the new entrants in the wireless telecommunuications market. The company entered into a merger agreement with Voicestream in 1999. Service revenue accounted for 87% of 1999 revenues and equipment sales, 13%.