Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.21

-3.1%

1:01 PM EST

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To: Craig Schilling who started this subject	9/25/2001 12:36:41 PM
From: Ruffian	of 152472

HK First Mobile To Sell China Unicom CDMA Models HONG KONG -- First Mobile Group Holdings (H.FMG) said Tuesday it has been appointed one of China Unicom Ltd.'s 14 authorized code division multiple access (CDMA) distributors. China Unicom will launch its CDMA service by the end of this year to cover over 200 cities in mainland China. Only distributors selected by Unicom will be authorized to sell CDMA handsets in China. According to Unicom's estimates, there will be 50 million CDMA subscribers in China by 2004 and handset sales will reach 100 million by 2005. Ng Kok Yang, First Mobile's chief executive officer, said in a statement the group is in "close discussion" with several CDMA mobile phone manufacturers, and hopes to finalize distribution agreements in the coming months. --By Dow Jones Newswires; (852) 2802 7002; djnews.hongkong@dowjones.com -0- 25/09/01 09-12G Briefing Book for: CHL \| CHU \| H.CMO \| H.FMG \| Q.CUC \| HK0762009410 \| HK0941009539 \| KYG3474M1050

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