BELLEVUE, Wash.--(BUSINESS WIRE)--March 13, 2001-VoiceStream Wireless Corporation (Nasdaq:VSTR) today announced that its shareholders have overwhelmingly approved and adopted the proposed mergers between VoiceStream and Deutsche Telekom and VoiceStream and Powertel.
About VoiceStream Wireless
Based in Bellevue, WA, VoiceStream Wireless Corp. (Nasdaq:VSTR) is a leading provider of digital wireless communications in the United States. VoiceStream uses and operates the Global System for Mobile (GSM) communications technology platform. Adopted by 158 countries, GSM accounts for approximately 70 percent of the total digital wireless market. VoiceStream is the only U.S. wireless telecommunications provider with a national GSM wireless technology network, which gives customers the choice of using their VoiceStream number when traveling internationally and supports roaming capabilities for other GSM customers traveling to the United States.
For more information, go to www.voicestream.com
Except for the historical and factual information presented, other information set forth in this news release represents forward-looking statements, including all statements about companies' plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Important factors that may affect these forward-looking statements include, but are not limited to: appropriate regulatory approval; conditions in the capital markets and availability of future financing; changes in the overall economy; changes in competition in the markets in which the companies operate; changes in the telecommunications regulatory environment; pending and future litigation; unanticipated changes in growth in cellular and PCS customers, penetration rates, churn rates and the mix of products and services offered. Investors are encouraged to consider these and other risks and uncertainties that are discussed in documents filed by VoiceStream Wireless and Powertel, Inc. with the Securities and Exchange Commission.
CONTACT:
VoiceStream Wireless
Casey Otley
Tel: 877/853-8682 (Investor Contact)
Email: casey.otley@voicestream.com
or
VoiceStream Wireless
Kim Thompson, 425/378-4074 (Media Contact)
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