SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 152.72-0.2%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kech who wrote (6226)1/16/2001 7:29:02 PM
From: foundation  Read Replies (3) of 197414
 
"Not sure I like the sound of NTT buying a stake in China Unicom."
----------

For cash strapped Operators (and most of them are) 3G technology selection may well be for sale.

None of Unicom's stated prospective suitors bode well for the cdma2000 flavor.

But when will suitors (many of whom are also cash and credit strapped) exhaust their chips?

It's interesting that wsj article suggests that NTT's courtship with SK Tel may have hit the rocks over $$. Perhaps with SK already committed to wcdma for 3G spectrum, the marriage suddenly mattered far less to NTT. Stupid that SK didn't collect the dowery prior to putting out.

"DoCoMo has also held talks with South Korea's SK Telecom Co. but the two companies couldn't agree on price, people familiar with the companies say."

NTT's already having to borrow from Peter to pay Paul for its "T" stake. Will investors be happy with a continued pattern of dillution?

"TOKYO--NTT DoCoMo, Japan's biggest cellular phone company, said it is borrowing $10.2 billion (1.2 trillion yen) from five local banks to pay for a 16 percent stake in AT&T Wireless Group. The biggest credit raised in Japan, outlined in a filing with U.S. regulators, will be repaid in part from proceeds of a share sale next month. DoCoMo on Friday will begin marketing 460,000 new shares to global investors, bankers familiar with the transaction said. The shares are valued at $7.64 billion at Thursday's close."
yahoo.cnet.com

They seemed content today - with NTT up 2.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext