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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 151.59-0.4%Jan 30 9:30 AM EST

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To: JohnG who wrote (35278)7/16/1999 1:04:00 PM
From: Ruffian  Read Replies (1) of 152472
 
Sorry if this was posted Japan>

cdma news from japan
by: nbfm (45/M/san diego)
25863 of 25864
Toyota Weighs Merger of Its Cellular Phone Unit to Compete With NTT DoCoMo
Tokyo: Toyota Motor Corp., the world's No. 3 automaker,
said it is interested in merging its mobile phone business
with Japan's third-largest telephone company to help develop
telecommunications technology that would make driving easier
and safer. Toyota ''sees merit'' in merging its cellular phone
subsidiary IDO Corp. with DDI Corp., Toyota's head of
information technology, Susumu Miyoshi, told Bloomberg News.
IDO offers cellular services between Tokyo and Nagoya, the
only area not covered by DDI. A merger would create a powerful
rival to NTT Mobile Communications Network Inc., the world's
largest cellular phone company and a unit of NTT Corp., the
biggest phone company. It would also help Toyota develop
''smart cars,'' vehicles that use telecommunications to select
the least congested route and on computers to control
acceleration, braking and parking. ''If the two companies
merged, they would be able to combine marketing, advertising,
and research and development, resulting in cost savings,''
Miyoshi said.
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