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Technology Stocks : Nokia (NOK)
NOK 7.030+1.7%Nov 12 3:59 PM EST
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To: Eric L who wrote (4487)5/1/2000 1:01:00 PM
From: Puck  Read Replies (1) of 34857
 
PrimeCo management originally wanted to use GSM but their board of directors overruled in favor of CDMA. At the time (three and a half years ago, I think), PrimeCo's CEO said that CDMA had not lived up to any of QCOM's promises of being thirty or forty and then five to ten times more efficient than GSM. His analysis based on field tests corroborated Ericsson's conclusion that CDMA was only 1 to 1.5 times as efficient as CDMA and that GSM was the obvious choice given its decade long seasoning commercially in Europe and elsewhere. In protest he resigned and became president of Omnipoint, a GSM provider on the east coast, which has been doing very well during the past year.
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