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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999

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To: GO*QCOM who wrote (291)5/31/2000 10:57:00 PM
From: GO*QCOM  Read Replies (2) of 343
 
China Unicom says CDMA plans on track-paper
BEIJING, June 1 (Reuters) - China's number two state telecommunications company China Unicom has said its plans to build a CDMA network are still on track, the China Daily newspaper reported on Thursday.

``We have not received any official document to call off the construction and deployment of a CDMA network in China,'' the paper quoted an unnamed Unicom spokesman as saying.

Unicom officials were quoted this week by analysts in Hong Kong as saying plans to use current generation CDMA technology developed by San Diego-based Qualcomm Inc (NasdaqNM:QCOM - news) were dead. That news helped drive down Qualcomm's share price

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