From July/August issue of WORTH magazine.
"The Next Investing Craze: 3G wireless"
First generation wireless- analog and digital cell-phone service.
Second generation- digital PCS phone service from licensees like Sprint.
Third generation - all digital service optimized for data as well as voice, enough bandwidth to watch tv , browse the web, send and receive E-mail, and internet services, etc.
It talks about license auctions in U.K. and upcoming U.S. in September. Value of some of these licenses, etc. Mentions that cost of the licenses will hurt the finances of the winning bidders due to additional cost of setting up the systems. Says real winners will be the equipment providers, Lucent, Nortel, etc.
The last paragraph says " But the big winner might very well be QUALCOMM, which used to make phones but is banking for the future growth on it's W-CDMA and CDMA2000 patents ,which are two of the standards for much of the 3G technology to be used in the U.S. Beyond licensing patents to all comers, Qualcomm also makes chips that are at the heart of 3G phones. With hundreds of millions of chips to be sold in the next decade, the San Diego company is enroute to becoming another Intel." by Robert X. Cringley
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