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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 180.90

+2.1%

Oct 31 9:30 AM EST

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To: Craig Schilling who started this subject	10/24/2000 5:40:15 PM
From: foundation	Read Replies (1) of 152472

Seoul to begin accepting applications for IMT-2000 operator's licenses today The Ministry of Information and Communication begins accepting applications for the three IMT-2000 operator's licenses today. Candidates will turn in the basic application form, a written oath to follow related regulations, an application for the frequency allocation and business plans by Oct. 31. The ministry will then carry out an extensive review through December on financial and other criteria and announce the winners in late December. The selection of operators for the third-generation mobile telecom service, however, is expected to be troublesome. While agreeing in principle with the ministry's call for multiple standards, the three bidders - Korea Telecom (KT), SK Telecom (SKT) and LG - all have expressed their preference of the W-CDMA (wideband-code division multiple access) standard that is projected to take 80 percent of the global market. The government made an ultimatum earlier this month that at least one of the three operators must adopt the cdma2000 standard developed by Qualcomm of the United States. Cdma 2000 is a technology in which Korea was the first in the world to deploy commercially. Should all three operators apply for the W-CDMA standard, the ministry will drop one of them and select a new operator next year on the condition it adopts the cdma2000 standard. The three operators are expected to simultaneously turn in their business plans on the last day for applications. (KMH) Updated: 10/25/2000 koreaherald.co.kr Perhaps they can arrange contradictary hourly* releases.*

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