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

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To: Ramsey Su who wrote ()	6/22/2000 8:00:00 AM
From: foundation	Read Replies (1) of 13582

Thursday June 22, 7:36 am Eastern Time Lucent, Sprint PCS testing mobile Internet product MURRAY HILL, N.J., June 22 (Reuters) - Leading U.S. telecom equipment and software maker Lucent Technologies (NYSE:LU - news) and digital wireless network company Sprint PCS (NYSE:PCS - news) on Thursday said they will test a wireless data system that will provide high-speed access to the mobile Internet users. In a statement, the companies said they will test the third generation wireless technology named 1xEVolution (1xEV). The system, a Code Division Multiple Access (CDMA) wireless technology based on High Data Rate (HDR), was jointly developed by both companies' operator requirements. The trial, to begin over the Kansas City, Mo.-based Sprint PCS network in the first half of 2001, involves testing and verification of the 2.4 megabit per second (Mbps) 3G data capability.

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