An ugly guy [NTT/W-CDMA] buying love: <NTT DoCoMo Raises $7.13 Billion in Sale of New Shares <<In Japan alone, the company expects to spend 1 trillion yen ($8.6 billion) to start its 3G service. >>
--From AOl.-- Cooters
Tokyo, Feb. 5 (Bloomberg) -- NTT DoCoMo Inc. will raise $7.13 billion selling shares, the most it targeted, as investors bet a company that connected 19 million Japanese mobile phone users to the Internet can duplicate that performance worldwide.
The world's second-biggest cellular company will sell 400,000 shares at 2.066 million yen, 3 percent below today's close, it said. The company had offered the shares as low as 5 percent less than the market price. European and U.S. investors placed orders for more stock than they were allocated as DoCoMo generated demand for more than three times the shares available.
The sale was seen as a referendum on the mobile phone industry's plans to invest billions of dollars in networks that link cell phones to the Internet at high speed. DoCoMo plans to start operating the world's first so-called third generation, or 3G, network in Japan in May and has struck alliances around the world to sell the service. >
If managers of service providers agree to install W-CDMA, NTT will give them a LOT of money to play with [and pay themselves with]. I think managers will ignore a few technological flaws, delays and long-term problems for a suitable amount of money now.
Mqurice
PS: Laodeng, better than a translation machine is for everyone to learn Engrish, [or American]. Cheer up, Gary Kasparov [best chess player] lost his job to Deep Blue [IBM's computer] a few years ago. A LOT of us are going to lose our jobs to computers over the next decade or two. ========================================================== < "If you say, 'we want to order two glasses of light beer,' even if the device mistakes light beer for right beer, it can work out the correct phrase through the context of beer in the sentence," he said.
The Chinese speech recognition module would enable "consistent and accurate translations even between the various speaking styles present in the Chinese language," Matsushita added in a statement.
The technology being developed supports 1,000 basic phrases and a vocabulary of 10,000 words, allowing travelers to hold simple conversations, it said.
China is the world's biggest market for cellphones, with Japan third. ((c) 2001 Agence France Presse)
insidechina.com. =========================================================== laodeng(losing job soon>
If you say, "Bill Clinton had a big election and came away with Gifts Galore [GG] while Al was gored", I wonder how the Japanese translating machine would handle that...
Learn Engrish here...you can check out imode on it too, by clicking on the word 'imode' a the top of the page. It's best to have Japanese-enabled computer or you'll get squiggles; well, they are squiggles anyway, but you know what I mean, I hope.
No.1 Son's website... eigokyoshitsu.com |