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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.90-1.3%Nov 7 3:59 PM EST

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To: foundation who wrote (15783)10/15/2001 10:27:00 AM
From: slacker711  Read Replies (1) of 196568
 
Motorola is the only foreign company of 19 suppliers to receive the license. Last month, Motorola signed a supply agreement with China Unicom to provide 2 million CDMA handsets for its initial CDMA market.

China Unicom, the China mainland's second largest telecom operator, is deploying a nationwide CDMA network capable of supporting a subscriber capacity of 15 million users this year and plans to expand it 60 million subscribers by 2005.


This is the first I have heard about an actual agreement between MOT and Unicom for handset orders. An initial order for 2m handsets sounds pretty good. Hopefully, the Chinese companies are ready for handset production by the end of the year.

Also....wasnt the previous number 50m subs by 2005?

Slacker
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