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

QCOM 174.01

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Nov 14 9:30 AM EST

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To: Dennis Roth who wrote (13162)	6/24/2000 12:45:00 PM
From: Eric L	Read Replies (1) of 13582

<< AT&T TO RIP OUT CDMA NETS >> The interesting part of the article is here: >> AT&T is spending $3.3 billion for the networks, which support 1.3 million customers. Only 300,000 of the customers are on the CDMA standard. Nearly one million are customers of the San Francisco TDMA network. >> This seems a very small price to pay for the capability to create the nation's largest wireless company, serving 25 million wireless and 4 million paging customers whose nationwide CDMA footprint will cover a population of 232 million in 96 of the top 100 U.S. markets. Not bad to pick up $3.3 billion in the process. Verizon Affected Market Status Summary - San Francisco - Business Being Divested * Vodafone AirTouch?s remaining stake in wireless operation owned in partnership with AT&T. * Marketed as CellularOne * TDMA digital standard * Status: Vodafone AirTouch has signed agreement to sell the business to AT&T. Business Being Retained * GTE Wireless operation * Marketed as GTE Wireless * CDMA digital standard * Status: To join Verizon Wireless after merger between GTE Corp. and Bell Atlantic - Houston - Business Being Divested * PrimeCo PCS LP?s wireless operation [100 percent] * Marketed as PrimeCo PCS * CDMA digital standard * Status: PrimeCo PCS LP has signed agreement to sell business to AT&T. - San Diego - Business Being Retained * GTE Wireless operation * Marketed as GTE Wireless * CDMA digital standard * 10 MHz of PCS spectrum to be retained from PrimeCo operation. * Status: To join Verizon Wireless after merger between GTE Corp. and Bell Atlantic Business Being Divested * GTE Wireless operation [100 percent] * Marketed as GTE Wireless * CDMA digital standard * Status: GTE has signed agreement to sell business to AT&T. Business Being Retained * Former Vodafone AirTouch wireless operation * Marketed as Verizon Wireless * CDMA digital standard * Status: Officially became part of Verizon Wireless on April 3, 2000 - Eric -

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