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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 182.40

+3.5%

Jan 6 3:59 PM EST

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To: foundation who wrote (17081)	12/4/2001 9:50:27 AM
From: foundation	Read Replies (1) of 197104

re: splitting Telecom and mobile licenses: ---------- In checking back, I discovered some interesting language that may carry more meaning now... ---------- China Telecom twins will not get mobile license Nov. 30, 2001 2:29 PM EST BEIJING—China's Minister of Information Industry Wu Jichuan confirmed plans to split fixed-line carrier China Telecom into northern and southern parts, but denied that new mobile licenses would be issued related to the restructuring. The northern split-off of China Telecom will merge with China Netcom and Jitong and cover 10 provinces. The southern part will serve 20 provinces. Market analysts had expected one or both of the reorganized companies to receive a mobile-phone license. globalwirelessnews.com ---------- Ramsey, can you provide insight into the ramifications of the 10/20 province split? Thanks.

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