LCC International Inc.

From the April 28, 1997 Washington Post

	'96 (in $ 000s)	% Change From '95
Revenue	141,570	35.5
Net Income	7,732	2.9
Rank Last Year: None

Description:
Founded in 1983 when the cellular phone industry was in its infancy, LCC International is now one of the world's largest independent providers of engineering and network design services and products to wireless telecommunications companies. It has relationships with operators of more than 200 wireless systems in more than 40 countries.

Business Resume: Contact Info -- 7925 Jones Branch Dr. McLean, Va. 22102 703-873-2000 Main Business -- Telecommunications Founded -- -- Chairperson -- Raj Singh President -- Piyush Sodha (CEO) Employees -- 840 D.C.-Area Employees -- 380

Developments:
The company and its controlling shareholders sold shares to the public in October. The offering raised nearly $50 million for LCC and provided more than $40 million for its founding shareholders, chairman Rajendra Singh and his wife, Neera Singh.

LCC's prospects are linked to the rapid development of wireless communications systems worldwide. It derives more than one-third of its revenue from international contracts and relies heavily in the United States on a handful of large customers, including Nextel Communications Inc., AT&T Wireless Services and Pacific Bell Mobile Services.

Earlier this month it announced the rollout of a new generation of "smart" products and services that help the wireless industry to automate several functions that underlie today's webs of wireless services. The technology was pioneered by a company LCC purchased for $13.75 million in December, European Technology Partner, now renamed LCC International AS, which is based in Oslo.

A significant portion of the costs of that purchase, combined with a $7 million, pretax, non-cash charge to cover an executive compensation program, reduced LCC's pro forma full-year earnings to $3.8 million, or 30 cents a share.