AMPS

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AMPS

(Advanced Mobile Phone Service) The primary analog cellular mobile phone system deployed in North and South America and more than 35 other countries. It used FDMA transmission in the 800 Mhz band. The first AMPS system in the U.S. was deployed in Chicago in 1983. See N-AMPS, NMT and TACS.
References in periodicals archive ?
Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated (NYSE:FFC) and Flaherty & Crumrine/Claymore Total Return Fund Incorporated (NYSE:FLC) announced that they have secured committed financing that they intend to use to redeem approximately 70% of their outstanding auction market preferred stock ("AMPS") at a redemption price equal to the liquidation preference of $25,000 per share, plus the amount of accumulated but unpaid dividends, for consideration of approximately $377 million by FFC and $89 million by FLC.
At the regularly scheduled Board of Directors meeting held the same day, the Board considered, among other things, the illiquidity problems that holders of the Fund's auction market preferred stock (AMPs) are experiencing as a result of recent failed auctions.
collectively, "Oppenheimer"), in connection with the sale of auction rate securities, auction rate preferred stock, auction market preferred stock, variable rate preferred securities, money market preferred securities, periodic auction rate securities and auction rate bonds (collectively, "Auction Rate Securities").