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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.59-3.9%Nov 20 3:59 PM EST

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To: Craig Schilling who started this subject2/22/2001 9:30:28 PM
From: Cooters  Read Replies (1) of 152472
 
Qualcomm: Rollout of Cdma2000 3rd Generation on Track

--From AOL.-- Cooters

SAN FRANCISCO (Reuters) - Qualcomm Inc. (QCOM.O) said on Thursday that the roll-out of third-generation (3G) mobile telephone systems using the cdma2000 standard favored by Qualcomm remain on schedule.

Qualcomm Chief Executive Irwin Jacobs told the Financial Times in an interview published on its Web site on Thursday that European mobile phone operators currently developing systems on the W-CDMA standard were not likely to launch them commercially until late 2004 or early 2005.

A Qualcomm spokesperson said that mobile phone operators in Korea, Japan and the United States are preparing 3G systems on the cdma2000 standard which should be commercially ready later this year.

W-CDMA and cdma2000 are conflicting, mutually-incompatible standards for offering broadband Internet services such as high-quality video and fast Web site surfing, via mobile phones.

Current mobile phone operators are currently deciding whether to invest billions of dollars total in buying telecommunications equipment on either the W-CDMA or cdma2000 standard.

Mobile service providers in Europe and parts of Asia where GSM is currently popular appear to be favoring W-CDMA technology, also known as wideband-CDMA, which is being touted by telecommunications manufacturers such as Nokia (NOK1V.HE) and Ericsson (LMEb.ST).

Qualcomm claims patents for both W-CDMA and cdma2000 technology, and theoretically would reap licensing revenues no matter which standard that service providers choose.

But Qualcomm is heavily pushing the cdma2000 standard to which most service providers using the less-popular current CDMA standard are expected to migrate.

Qualcomm was down in after-hours trading on Island ECN to $66-1/8, after closing down 6 percent at $66-15/16.

21:23 02-22-01
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