The New Qualcomm - a S&P500 company Message Board

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

QCOM 165.09

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10:11 AM EST

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To: DaveMG who wrote (6060)	2/1/2000 3:34:00 PM
From: brian h	Read Replies (1) of 13582

Dave, It is not to sign up 10 million subs. It is the capacity to have 10 million subs . China Unicom is going to spend about US $3 billion to build its CDMA networks by the year end (my read from the previous news release - budget wise). They have to be in a hurry to do so. Per QCOM's release: "This agreement enables China Unicom to move forward aggressively with plans to deploy a commercial CDMA network with an initial capacity of 10 million subscribers this year, and exponentially grow the network in the next few years, " said Mr. Yang Xianzu, chairman and general manager of China Unicom. Brian H.

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