More talk from China but as Jacobs says in the NY Times article:
"From a revenue point of view," he wrote in an e- mail message from Budapest, where he was on a business trip, "we would anticipate an interesting impact in 2002 and beyond."
China Unicom To Become World's First Provider for
GSM and CDMA
BEIJING (Oct. 20) XINHUA via NewsEdge Corporation -
China Unicom will become the world's first telecom
service provider who operates both GSM and CDMA
networks after it gained approval from the State Council
to acquire the country's CDMA operator Great Wall
Telecom.
The acquisition process is under way and the specific
development plan for the CDMA (code division multiple
access) network has not yet come out, Wang Jianzhou,
executive vice- president with China Unicom was quoted
as saying by today's China Daily.
"After the merger, China Unicom will expand the network
capacity in accordance with the practical market
demand," said Wang.
Great Wall Telecom, which is currently operated by the
military, has been offering trial CDMA network services
in Beijing, Shanghai, Guangzhou and Xi'an.
Wang said that China Unicom will establish a subsidiary
to fully operate the CDMA network, which will not be a
part of the listed China Unicom.
China Unicom was listed both in New York and Hong
Kong in June this year.
The mainstream mobile communication networks in
China, operated by China Mobile Communications Corp
and China Unicom, are based on the European GSM
(global system of mobile communication) systems.
.....
Something else that the NYTimes article mentioned was that Jacobs is 67. Having him at the helm has been very important for the development of QCOM to date but he won't continue forever. Is there an identified successor in the organization? |
