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Tego Expands into Malls with General Growth Properties In-Building Wireless Agreement
FOR IMMEDIATE RELEASE
CONTACT:
James P. Janowiak
Tego Communications, Inc.
435 N. LaSalle Street, Suite 310
Chicago, IL 60610
Phone: 312-527-5120
Fax: 312-527-5150
Email: jjanowiak@tegocommunications.com
Web Site: www.tegocommunications.com
Tego Expands into Malls with General Growth Properties In-Building Wireless Agreement
Chicago, IL--April 10, 2002- Tego Communications, Inc., a premier provider of in-building wireless network services for major property owners, today announced an agreement with General Growth Properties (NYSE: GGP), to install in-building wireless communications systems in its mall facilities.
Under the terms of the agreement, Tego is installing a state-of-the-art in-building wireless system into various GGP properties. The neutral host system can support multiple wireless carriers, and will permit them to extend their coverage to the interior of the mall facility. The expanded coverage will mean enhanced wireless service for those visiting the GGP retail properties.
The agreement marks the expansion of Tego's in-building property portfolio. Tego has agreements in place with other major property owners throughout the USA.
``With todays increasing penetration rates in wireless, coverage and capacity are major issues with the wireless carriers,'' said Jim Janowiak, Managing Partner, Tego Communications, Inc. ``The GGP properties are in outstanding locations and attract millions of visitors each year. Many of the GGP visitors are wireless subscribers, and they will realize significant improvement with their wireless service inside these GGP facilities.''
The Tego in-building system is deployed throughout the facility. Tego will design, install, manage and own the systems. The infrastructure will support both voice and data applications as wireless telecom carriers come onto the deployment.
About Tego Communications, Inc
Tego Communications is a premier provider of full service, seamless in-building wireless communication coverage in the U.S.A. Tego manages mutually beneficial partnerships between property owners/venue managers and wireless service providers to guarantee that their shared customers-tenants, visitors, subscribers-enjoy the benefit of uninterrupted wireless communications. Tego competes against Spectrasite Communications (NASDAQ: SITE) for in-building deployments. Tego's neutral host networks permit indoor, wireless communications regardless of where the user is within the property or venue.
About General Growth Properties, Inc.
General Growth Properties, Inc. (NYSE: GGP) is the nation's second largest self-administered regional mall Real Estate Investment Trust (REIT) in the United States. It currently owns, develops, and operates regional malls in 39 states. The portfolio includes ownership interests in 96 shopping centers comprising over 86 million square feet of retail space. GGP manages another 46 malls for institutional owners totaling approximately 35 million square feet.
For information: www.tegocommunications.com
Contact: jjanowiak@tegocommunications.com
Pone: 312-527-5120
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