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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.29

-1.6%

Dec 12 9:30 AM EST

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To: Craig Schilling who started this subject	5/17/2001 8:47:09 AM
From: Dennis Roth	Read Replies (1) of 152472

India, China plan telecom joint ventures timesofindia.com NEW DELHI: India and China have agreed to cooperate in the telecommunications sector and set up joint ventures to explore opportunities in other countries. Both the countries decided to sign a memorandum of understanding (MoU) for cooperation and joint ventures in other countries during a meeting in Jakarta between Communications Minister Ram Vilas Paswan and Chinese Information Industry Minister Wu Jichuan, according to communications ministry officials here. Both the ministers exchanged information on their respective telecom systems and agreed to jointly offer solutions for providing universal access in both the countries. Paswan is currently in Jakarta accompanied by a high-level delegation to attend the 2nd Asia-Pacific Telecommunication and Information Technology Forum (Aspactel), which concluded on Tuesday. Indonesia too has expressed keen interest in sending a delegation led by the director general of Indonesian telecommunication to study telecom facilities in India. During a meeting with Paswan, Indonesian Communications Minister Agum Gumelar expressed keen interest in India's effort to achieve rural connectivity. He also requested India to provide training facilities to Indonesian telecom professionals in Indian institutions. Paswan in turn offered Indonesia on trial basis the rugged rural exchanges developed by Center for Development of Telematics (C-DOT) that do not require air-conditioning and are dust-proof. Making a presentation of reforms in the telecommunications sector at Aspactel, telecommunications secretary Shyamal Ghosh identified the future agenda for enactment of the Communication Convergence Bill, the Internet telephony and rural telephony using the WiLL (wireless in local loop) technology and the 3G mobile technology. (India Abroad News Service)

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