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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 177.78-2.2%3:59 PM EST

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To: Kent Rattey who wrote (5937)1/6/2001 11:03:00 AM
From: Eric L   of 197140
 
Re: Qualcomm to bid in Brazil?

>> Qualcomm May Enter Brazilian License Auction

January 5
Kagan.com

Qualcomm may bid in Brazil’s C, D and E band PCS licenses, in conjunction with another mobile operator, according to a BNamericas report today (1/5).

Bids for the licenses must be tendered by 1/24 and will be put out to bid on January 30, February 20 and March 13.

Brazilian regulator ANATEL has divided the country into three regions with three licenses per region.

The minimum bid for a license is $323.5 mil.

ANATEL has left open the question of technology, meaning it is up to license winners to determine whether they will use an 1800MHz band or a 1900MHz band. <<

I don't think the last sentence is accurate although a small chunk of 1900 MHz may be available.

I can't say this makes a whole lot of sense to me other than "CDMA, Do or Die". Sprint PCS would (has been said to be) the logical CDMA bidder for 1800 MHz.

- Eric -
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