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

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: Ramsey Su who started this subject	3/3/2001 7:47:28 AM
From: Dennis Roth	Read Replies (1) of 196952

Belgium Awards Mobile Phone Licences 3gnewsroom.com date: 03rd March 2001, source by: Associated Press Belgium's auction for four possible third-generation mobile telephone licenses attracted only the three incumbent operators- Belgacom unit Proximus, France Telecom's Mobistar NV and KPN Orange Belgium NV. Two of the licenses sold for the minimum action bid price of 150 million euros ($140 million). Proximus, which is 75 percent owned by Belgacom, and 25 percent owned by Britain's Vodafone AirTouch PLC, paid more because it wanted a license that would maintain its leader-status in the Belgian market. It paid 150.2 million euros ($140.6 million). Proximus has 58 percent of 3G subscribers, while Mobistar has 32 percent and KPN Orange has a 10 percent share of the market. Other potential bidders dropped out last month because of a decline in investor sentiment in the sector across Europe and growing doubts about the market for 3G phones which are intended to offer greater video and Internet access. ================================= Quite a contrast from the heady days of the U.K. and German auctions. They offer four licenses and get only three bids at or near the minimum. - DPR

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