Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 152.66

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3:59 PM EST

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To: Mika Kukkanen who wrote (32013)	6/9/1999 9:33:00 AM
From: Boplicity	Read Replies (1) of 152472

S KOREA'S SAMSUNG, CANADA'S NORTEL IN CO-OPERATION DEAL SEOUL - Samsung Electronics Co (KSE: 05930) and Canada's Nortel Networks have signed a memorandum of understanding under which they will jointly develop an IMT-2000 system and equipment. The deal also calls for co-operation in pilot operation of the next-generation mobile telephone service overseas. Samsung will develop an IMT-2000 handset for mobile pictures and Nortel, the system development for the service. The IMT-2000 equipment that Samsung will supply to Nortel's customers will have a speed of 144 kbps, 10 times that of existing mobile phones.

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