Cellular Comm. of Puerto Rico - CLRP- Profile

Cellular Communications of Puerto Rico, Inc. fomerly known as Corecomm Incorporated owns, operates and markets celluar and paging systems in the common wealth of Puerto Rico and the US Virgin Islands and conducts other telecommunication operations. Cellular mobile radio technology provides high quality mobile and portable telephone systems. Cellular mobile telephone service is capable of handling thousands of calls at any given time and are capable of providing service to thousands of suscribers. The company has incurred $500,000 towards year 2000 project. During the year 1998, the company acquired three communications related businesses. Cellular mobile telephone service revenues accounted for 87% of 1998 revenue and equipment sales, 13%.