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

QCOM 174.69

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Dec 24 12:59 PM EST

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To: Steve168 who wrote (24001)	6/21/2002 2:15:06 AM
From: waitwatchwander	Read Replies (1) of 197030

M1 sees 3G contribution by 2004 biz.thestar.com.my MOBILEONE Asia (M1), Singapore’s second largest mobile operator, expects the third-generation (3G) services it plans to launch next year to start adding to revenues by 2004. “We are relatively optimistic about the uptake of 3G, which depends on the uptake of GPRS, so it will be evolutionary,’’ M1 chief executive officer Neil Montefiore said in an interview on the sidelines of the CommunicAsia trade show currently being held in Singapore. “But we expect small revenue contributions from 3G in 2004.’’ GPRS – General Packet Radio Services or 2.5-generation mobile technology – offers high-speed data connections and is seen as a precursor to 3G, which allows users to play CD-quality music and do video-conferencing. M1’s upbeat view is in contrast with that of Singapore’s leading operator, SingTel Mobile, which last week postponed the tender award for the construction and development of its 3G network, citing a lack of technology stability and market maturity. M1, which has a 34% share of the local mobile market or over one million subscribers, expects to start 3G customer trials by the end of this year and launch commercial services in June 2003. — Reuters

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