The New Qualcomm - a S&P500 company Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bananawind who wrote (1350)	9/9/1999 12:24:00 AM
From: quidditch	Read Replies (1) of 13582

More on view from Mexico: Wednesday September 8, 8:17 pm Eastern Time Mexico's Pegaso to invest $400 million in 2000 MONTERREY, Mexico, Sept 8 (Reuters) - Mexican wireless phone company Pegaso said on Wednesday it planned to invest $400 million in 2000 to expand service to 30 cities. ''We are going to add 30 Mexican cities and that implies more than $400 million in investment for 2000,'' Pegaso President Alejandro Diez said at a news conference. He said the company was looking at the possibility of raising money by issuing stock, or by launching bonds on international financial markets. On Tuesday night the company officially began operations in Monterrey, Mexico's industrial capital in the northeastern state of Nuevo Leon. Pegaso already offers wireless service in Guadalajara and Tijuana, and plans to add Mexico City later this year. It aims to expand to all of Mexico within three years. Pegaso, part-owned by Mexican broadcaster Grupo Televisa (NYSE:TV - news), estimated its total investment to expand service to all of Mexico at $1.3 billion to$1.5 billion. Pegaso, with plans for both fixed and mobile wireless phones, aims to grab 20 percent of Mexico's wireless market with 3.5 million users over the next five years.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next