AMPS

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Related to TACS: TASC

AMPS

Auction Preferred Stock

A preferred stock with an adjustable dividend that changes every seven weeks according to the results of a Dutch auction. Every preferred stock has a guaranteed dividend; an auction market preferred stock is distinguished by the fact that the amount of its dividends changes from time to time. An auction market preferred stock is beneficial for some investors because the auction reveals the current market yield every seven weeks, which helps in investment decisions on whether to buy, sell, or hold. It is also called an auction rate preferred stock or a Dutch auction preferred stock.
References in periodicals archive ?
To date, Motorola has established TACS networks in 23 provinces and municipalities in China, providing service to well over two million subscribers.
Motorola initially deployed the TACS system for Jiangsu PTA in 1992.
Ericsson has been the exclusive supplier of both the GSM and TACS cellular mobile networks in Guangxi Province.
The contract with Shanghai PTA represents the sixth phase of expansion to the TACS system originally deployed by Motorola in 1986.
The contract will allow HCEF to expand its distribution of TACS cellular infrastructure equipment, including the large capacity EMX (Electronic Mobile Exchange)(R) 2500 switch.
The TACS contract is the fifth and largest equipment and services supply contract between Motorola, HCEF and ZTIEC.