Sprint PCS (NYSE: PCS), the nation's largest all-digital, all-PCS wireless network, and Sanyo Fisher Company, a division of Sanyo North America Corporation and the U.S. marketer of Sanyo brand telecommunications and audio/video products, today announced an exclusive agreement valued at approximately $140 million. Under the agreement, Sanyo Fisher Company will supply Sprint PCS with its new Internet-ready, dual-band, Data/Fax/MiniBrowser-equipped CDMA/PCS phone, to be marketed as the Sanyo SCP-4000. The Sanyo 4000 is expected to be available in Sprint PCS Centers and RadioShack stores nationwide, beginning October 1. Sprint PCS and Sanyo will celebrate the contract during a three-day event in Kansas City this weekend via several appearances by the Sanyo Blimp including Sunday at Arrowhead Stadium during the Chiefs game.
"We are extremely pleased to announce our continuing partnership with Sanyo, providing Sprint PCS customers with crystal clear voice calling and clear, simple access to the advanced wireless Internet features available over the Sprint PCS Wireless Web on the new Sanyo SCP-4000," said Phil Garrison, Vice President and General Manager, Subscriber Equipment, for Sprint PCS. "Sales success and customer satisfaction with Sanyo's SCP-3000 phone have been outstanding, and we look forward to the multi-faceted SCP-4000 and its successors."
"Sanyo Fisher Company is very proud to partner with Sprint PCS, the leading provider of all-digital PCS service in the United States," said Isaac Levy, vice president, sales and marketing for Sanyo Fisher Company's Communications/Information Technology Division. "Sanyo's association with Sprint PCS, begun last year with our first U.S. digital phone, has been an extraordinary success from the outset. In addition to the Sanyo SCP-4000, we are collaborating with Sprint PCS to introduce several new phones in the year 2000."
To celebrate the multi-million dollar partnership, Sanyo North America Corporation will fly the Sanyo Blimp, its world-class 165-foot lightship, to Kansas City, Missouri, for a three-day event beginning on Friday, September 24.
On Saturday morning, September 25, Sprint PCS and Sanyo will make a donation to the local chapter of the Grant-A-Wish Foundation, the Baltimore, Maryland-based, non-profit organization dedicated to fulfilling the special wishes of critically ill children.
On Sunday, September 26 - the final day of the celebration - the Sanyo Blimp will be the official "camera-in-the-sky" over Arrowhead Stadium for the Fox Network's coverage of the Kansas City Chiefs vs. Detroit Lions football game.
Sprint PCS operates the largest 100 percent digital, 100 percent PCS nationwide wireless network in the United States, already serving the majority of the nation's metropolitan areas including more than 4,000 cities and communities across the country. Sprint PCS has licensed PCS coverage of nearly 270 million people in all 50 states, Puerto Rico and the U.S. Virgin Islands. For more information, visit the Sprint PCS web site at http://www.sprintpcs.com. Sprint PCS is a wholly owned tracking group of Sprint Corporation trading on the NYSE under the symbol "PCS."
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