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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: qveauriche who wrote (70811)	4/18/2000 7:55:00 AM
From: John Carragher	Read Replies (2) of 152472

Dow Jones Newswires -- April 18, 2000 Dow Jones Newswires Qualcomm Japan Mulls 3G Cellphone License Applications Dow Jones Newswires TOKYO -- Qualcomm Inc. (QCOM) is considering filing an application to operate third-generation (3G) cellphone services in Japan, the president of the U.S. telecommunications giant's Japanese operations said Tuesday. Ted Matsumoto, president of Qualcomm Japan, said the company is making preparations to file an application with Japan's Ministry of Posts and Telecommunications. The preparations include gathering a consortium of companies to support its application, Matsumoto said. He did not specify which companies have been approached to join a possible Qualcomm-led consortium. Matsumoto said that the company will make a final decision as to whether or not to apply by early May. The deadline for applications is May 12. The Ministry of Posts and Telecommunications is expected to issue three operating licenses. Japan's three major cellphone operators; NTT DoCoMo Inc. (J.NTX or 9437), Japan Telecom Co. (J.JTC or 9434) and DDI Corp. (J.DDD or 9433), are all planning to apply for licenses to operate 3G services, which can support video conferencing and high-speed Internet access through cellphone handsets. Qualcomm's consideration of its own bid for a license was spurred by the prospect that none of the three declared candidates will adopt the CDMA2000 technology supported by Qualcomm. NTT DoCoMo and Japan Telecom are longtime supporters of the rival W-CDMA (wideband code division multiple access) standard. DDI, which had been expected to adopt the CDMA2000 format, recently hinted that it is likely to reverse its position and use the same technology as arch-rivals NTT DoCoMo and Japan Telecom.

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