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

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Nov 13 3:59 PM EST

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To: Ramsey Su who wrote ()	6/25/2000 9:03:00 AM
From: quartersawyer	of 13582

To alleviate pressure of high 3G license costs: One.Tel in 3G talks By Reuters staff 16 June 2000 Australian telecoms group One.Tel is in talks with five British license holders for third generation mobile phones in the hope of renting network capacity to provide its own retail service, the Financial Times said on Friday. Success could launch the group, backed by News Corp media mogul Rupert Murdoch, into the ranks of Virtual Network Operators (VNOs) hoping to offer third generation services across Europe despite losing out on licenses of their own, the Financial Times said. It said One.Tel hoped any deal would involve access to the network structure since it planned to offer additional services such as unified messaging, instead of simple voice or data services. The newspaper said Richard Branson's Virgin Mobile , which already acts as a VNO, was expected to make similar deals across Europe to use its brand in countries where it has no network presence. It said other groups which dropped out of a 22.5 billion pound ($34 billion) mobile auction in Britain were thought to be in talks, including supermarket chain Tesco which was part of the consortium bidding with Virgin. ($1=.6635 Pounds).

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