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

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Dec 5 9:30 AM EST

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To: Ruffian who wrote (12794)	6/21/2000 6:37:00 PM
From: w molloy	of 13582

Brazil Regulators Select European Frequency for Mobile License quote.bloomberg.com Brasilia, June 21 (Brasilia) -- Brazil's telecommunications regulator selected a frequency for the country's new mobile phone licenses that follow a model widely used in Europe, which could be a boost to companies like Siemens AG and Nokia Oyj. Telecommunications regulator Anatel said Brazil's new wireless phone licenses will use the 1.8 Gigahertz frequency, which is used for the GSM cellular phone standard employed in digital phones in Europe and much of Asia. The government will auction the new mobile cellular licenses in the second-half of this year. Siemens, Nokia and Alcatel SA are seen benefiting from Anatel's decision as the companies already produce mobile phones and related products ready for the new frequency. Brazil may also see increased foreign investment from those companies as they prepare to make products locally to meet growing demand from mobile phone users. The number of cellular phone users in Brazil, the world's ninth-biggest cellular-phone market, will grow to 21.5 million subscribers by the end of 2000 from 15 million subscribers at the end of last year and to 58 million in 2005, according to Anatel's estimates. The market for the C-band wireless telephone equipment market in Brazil until 2005 is worth $10 billion, said Ethevaldo Siqueira, a telecommunications consultant based in Sao Paulo. Companies like Lucent Technologies Inc. and other North American companies also offer cellular equipment for GSM, but European companies are market leaders in the standard. The 1.8 GHz frequency has a market share of 64 percent world- wide in digital wireless systems, an Anatel spokesman said.

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