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Technology Stocks : Interdigital Communication(IDCC)

IDCC 338.98

-2.8%

3:59 PM EST

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To: w molloy who wrote (4043)	2/24/2000 9:04:00 PM
From: Doug DuBois	of 5195

China Postpones Qualcomm's CDMA Phone Technology By Matt Pottinger, Reuters 24 February 2000 China has inexplicably delayed the rollout of mobile phone networks that use technology owned by U.S.-based Qualcomm Inc, threatening one of China's largest ever stock listings, foreign executives said on Thursday......... ............. China may also be banning current generation CDMA networks altogether in an attempt to funnel resources into development of so-called "third generation" CDMA networks that offer more sophisticated services, the foreign executive told Reuters. Unicom has planned to roll out an 11 million subscriber-capacity CDMA network based on the current technology by the end of the year. But 3G networks would take months, or even years, to begin deploying on a large scale, analysts have said. China has made no public announcement of the delay. State media gave prominent play to the Qualcomm deal last week. Qualcomm issued a statement in Beijing, but made no mention of the freeze........ excerpts from totaltele.com

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