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Technology Stocks : Ericsson overlook?
ERIC 9.500-1.3%Nov 18 3:59 PM EST
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To: Maurice Winn who wrote (3596)8/12/1999 11:03:00 AM
From: Mika Kukkanen  Read Replies (2) of 5390
 
Maurice: I suppose Ericsson were not in the running because Qualcomm weren't when initial tenders went out. The infra division just wasn't up to speed and probably wont be for a while. Maybe you seem to think that Qualcomm were in the running for other orders, unfortunately for them they weren't which is one of the reasons that it was such a drag on Qcom....dare I say bad management?

I would also hazard a guess that one of the main focuses at present is migrating present IS-95 networks to cdma2000. It is a question of investment to return..how many more 2G networks are likely to be deployed over the next few years? Then compare to the chances of 3G networks.

China of course could change the above sentiment some what. However things there have yet to get moving.

Mika
PS Have you any URL to source Tele NZ info on tenders?
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