Telenor Purchases GMPCS Personal Communications

Telenor Satellite Services, a subsidiary of Telenor of Norway purchased GMPCS Personal communications, Inc., based in Pompano Beach, Florida. Founded in 1996, GMPCS Personal Communications is a full service provider of global mobile personal communications via satellite. The company is a supplier of equipment, accessories, and value-added solutions and serves many Fortune 500 and Global 1000 corporations. The company realized revenues in excess of $23 million in 2003, a growth of more than 60 percent over 2002 figures.