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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 180.90+2.1%Oct 31 9:30 AM EDT
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To: nbfm who wrote (13424)7/3/2000 9:37:21 AM
From: Dennis Roth   of 13582
 
Alcatel CEO: Equipment makers will need to help with UMTS costs
Extracted from individual.com

BridgeNews, Paris--June 30

UMTS I: Alcatel SA chairman Serge
Tchuruk said at a private conference
Thursday that telecommunications
equipment makers "will have to assume part
of the risk" of developing third-generation
UMTS mobile technology. "They will have
to participate in the financing, although not
to the point of taking the place of (mobile
service) operators." The remark follows
comments by the chairman of Swedish
telecoms equipment maker Ericsson
Thursday, who suggested that equipment
makers might have to chip in to offset the
high license and network development
costs. Alcatel's shares skidded 7.4%
Thursday. (Les Echos: www.lesechos.fr)

--Telecoms regulator says call for UMTS
bids to start by end-July

UMTS II: Jean-Michel Hubert, the
president of France's ART telecoms
regulatory body, said at the same conference
that the call for applications for
third-generation UMTS mobile phone
licenses would begin "before the end of
July." Meanwhile, winners of the ongoing
local radio connection license competition
will be announced before July 14, he said.
(Les Echos: www.lesechos.fr)
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