Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.45

-0.5%

12:11 PM EST

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To: slacker711 who wrote (72332)	5/24/2000 3:21:00 PM
From: Didi	Read Replies (1) of 152472

slacker-re: Korean subscribers & subsidies... >>>10 to 20 million subscribers in 14 months The number of mobile phone users reached the 10 million mark in June of last year and doubled in just 14 months. Industry watchers estimate the number of mobile users will reach 25 million at the end of next year, if the current trend continues. In the first half of this year alone, SK Telecom put in handset subsidies worth 518.5 billion won, followed by KT Freetel (265.4 billion won) and LG Telecom (175.6 billion won). As demand for mobile phone increases and competition heats up, the opportunity for foreign firms will also increase. Korean wireless companies are seeking wireless technologies and equipment that would increase their competitiveness.<<< ejkrause.com ----------------------------------- Yes, old news about the on & off Korean subsidies. QCOM's IR department said there is no material effect on Q's revenues or earnings. quote.bloomberg.com

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