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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%3:59 PM EST
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To: 100cfm who wrote (103648)9/4/2001 9:42:38 AM
From: Art Bechhoefer  Read Replies (3) of 152472
 
>>what will the Eu carriers abandone 3G for, GPRS???<<

100cfm--The EU carriers by and large would prefer to do nothing for a few years, to allow them to generate some cash flow on primarily voice services. It all goes back to the debt problem. They've accumulated so much debt, so quickly that now they need time to digest it. They can't afford new capital investment. They just hope there isn't enough major competition to force them to do anything more than they're doing now, which is nothing.

Of course, if the carriers are dragged kicking and screaming into the third generation, as a result of competition (almost non-existent in these countries) or political unrest (an unknown), QUALCOMM will be one of the main beneficiaries.

Art
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