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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote ()3/6/2000 11:29:00 PM
From: Ruffian   of 35685
 
WSJ-Dow Jones>

China Official Denies Suspension Of CDMA
Rollout -Report

BEIJING -- China's top telecommunications official has denied a reported
government suspension of plans to deploy the CDMA wireless technology
developed by Qualcomm Inc. (QCOM), the state-run Beijing Youth Daily
reported Tuesday.

Qualcomm signed a licensing deal last month with China Unicom, the
country's number two telecommunications company, that set the terms for
Chinese operators to start developing CDMA, or code division multiple
access networks, a mobile telecommunications standard.

Within a week, however, foreign telecommunications executives reported
being told that the government had ordered a delay of the CDMA roll out.

Tuesday's report reflected the conflicting government signals on the policy,
saying the Minister of Information Industry, Wu Jichuan, indicated there
has been no such stoppage.

"According to market rumors, the Ministry of Information Industry has
required China Unicom to stop cooperation with overseas investor
Qualcomm on the development of CDMA business," the article said.
"Regarding this, Wu Jichuan said 'There is no such statement."

Briefing Book for: QCOM
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