By CBS MarketWatch
Last Update: 9:18 PM ET Sep 28, 1999 Also: Movers & Shakers
SAN FRANCISCO (CBS.MW) -- Adaptive Broadband Corp. said the market for wireless broadband could reach $100 billion over the next 10 years. That's based on deploying all of the currently allocated frequencies. Adaptive Broadband was among several communications companies presenting at Volpe Brown Whelan's Internet and communications conference. "Broadband connectivity will happen ,and there's a high preponderance of this broadband access theme seen here (at the conference)," said Pete Peterson, wireless communications analyst at Volpe Brown Whelan & Co. For instance, Adaptive (ADAP: news, msgs) promoted its wireless DSL (digital subscriber line) technology, which allows an Internet service provider or a competitive local exchange carrier to bypass its local phone company and go directly to consumers. Earlier, Qualcomm promoted its HDR technology, which essentially allows carriers to offer high-speed access over existing CDMA wireless technology. Along the same access theme, Motorola (MOT: news, msgs) highlighted its acquisition of General Instruments, which will allow it to sell products to cable companies that want high-speed access.
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Updated:
9/28/99 3:56:08 PM ET
E-commerce on target
Internet content, commerce and brokerage companies also presented at the conference. Derek Brown, an Internet commerce analyst at Volpe, said that e-commerce companies offering presentations at the conference are on track to meet or exceed expectations for the quarter. Those include Alloy Online (ALOY: news, msgs), Amazon.com (AMZN: news, msgs), ETrade (EGRP: news, msgs) and About.com (BOUT: news, msgs).
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