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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 159.42

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Jan 16 3:59 PM EST

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To: JohnG who wrote (4200)	11/2/2000 8:56:02 AM
From: JohnG	Read Replies (2) of 197281

KDDI Merges 7 Cellular Phone Units November 2, 2000 (TOKYO) -- Seven of the eight cellular phone service firms that were operated by DDI Corp. merged their operations on Nov. 1 to form a new company named au Corp. DDI merged with KDD Corp. and IDO Corp. on Oct. 1, and now operates under the KDDI brand name. The integration of the DDI cellular firms, excluding over-the-counter firm Okinawa Cellular Telephone Co., is expected to enable the new company to reduce operating costs and expedite decision-making through such streamlining measures as integrating back-office work and sharing information across these component units. Moreover, the business integration will allow the new entity to standardize services that vary in content and quality from region to region. KDDI will make au Corp. a wholly owned subsidiary at the end of March 2001. (The Nikkei Industrial Daily) nikkeibp.asiabiztech.com

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