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

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Dec 2 3:59 PM EST

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To: Ramsey Su who wrote ()	6/21/2000 7:16:00 PM
From: Ruffian	Read Replies (2) of 13582

China to Start Cdma Communications, Korean Minister Told BEIJING, June 21 Asia Pulse - Chinese Posts and Telecommunications Minister Wu Jichuan said that China would advance CDMA mode mobile communications as planned. Korean Information and Communication Minister Ahn Byong-yub, who is visiting China, told Korean reporters in Beijing Wednesday that Wu said he had never implied China would reject CDMA business. Wu also said the ministry would decide how to introduce the encoded multiplexing system in the third quarter of this year after China Unicom reports its plan for CDMA introduction to the ministry, Ahn said. The Chinese mobile communications market is estimated to reach 80 trillion won (US$71.4 billion) including terminals and systems, and the number of mobile phone subscribers is increasing by 10 million every three months. It currently stands at 54 million. China, which has been using the European-style GSM mode as its mobile communications standard, has been looking into introducing CDMA to improve mobile communications service. A foreign press agency recently reported the Chinese government had decided not to introduce CDMA mode. (YONHAP)

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