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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: Ramsey Su who started this subject	3/27/2001 10:04:52 PM
From: Cooters	Read Replies (1) of 196961

9:44pm 03/27/01 China Unicom plans $2.4 bln CDMA network (CHU, QCOM) By Bill Clifford --So, details tonight. -- Cooters China Unicom Group, the mainland's No. 2 wireless provider, is set to unveil detailed plans Wednesday to build a nationwide CDMA mobile-phone network and invite companies to bid for an estimated $2.42 billion in contracts, the Asian Wall Street Journal reported. The move is expected to bring San Diego-based Qualcomm (QCOM) closer than ever to cracking the China market. State-owned Unicom will officially outline the network specs for the first time to foreign and domestic equipment makers at a meeting in Beijing, the AWSJ said, citing executives at three companies who will attend. New York-listed ADRs of Unicom fell 4.2 percent to end Tuesday at $11.21, off 49 cents.

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