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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.59-7.6%1:03 PM EST

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To: Philip Merryman who wrote (335)12/16/1996 5:52:00 PM
From: Philip Merryman   of 152472
 
Below is a 12/16/96 Reuters article:

General Wireless signs contract with Lucent

Reuters Story - December 16, 1996 12:37

DALLAS, Dec 16 (Reuter) - <General Wireless Inc> said on
Monday that it signed a five-year $400 million contract with Lucent Technologies Inc for infrastructure equipment and
construction of personal communication services networks.

The contract includes $300 million in financing from Lucent
to cover the initial construction and additional equipment to
increase the capacity of the company's networks.

Under the agreement, Lucent will engineer and build fully
operational PCS networks, which will be based on code division
multiple access, or CDMA, digital technology, in all of the
company's markets except Chico, Calif.

The markets include San Francisco, Sacramento, Atlanta and
Miami metropolitan areas, General Wireless said.
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