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

QCOM 159.42

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Jan 16 9:30 AM EST

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To: slacker711 who wrote (27372)	10/2/2002 2:48:07 PM
From: slacker711	Read Replies (1) of 197253

Hutchison 3G gets its first shipping order of 3G handsets 02/10/02 11:33 - by Martyn Warwick telecomtv.com Unlike some big name UK next-generation mobile licence holders who are hedging their bets and delaying the introduction of their networks and services, Hutchison 3G, the minnow amongst the barracudas, is sticking to its timetable and pressing ahead with the introduction of its 3G services. Today the operator takes delivery of its first significant batch of NEC 3G handsets. 1,000 have been shipped and are to go on trial with what Hutchison calls “friendly users” in the industry such as suppliers and distributors. Provided the handsets work as they should and there are no glitches with security, billing and mediation, the handsets will be on sale to the general public in time for the Christmas gift buying season. Hutchison said today that it hopes to have handsets in the shops in early November. A spokesperson said, “We’re going to do this, and we’re going to get this right.” Hutchison says it will have 100,000 3G handsets available for the UK and Italian markets during the pre-Christmas period. This news is sure to put the wind up the bigger players such as Orange and Vodafone. They will be worried that Hutchison, operating under the name “3”, (if it is a name.) will gain first to market advantage at a time when they and others are still concerned about handset supplies and poor network coverage. For a kick-off, “3” will offer fans of the UK’s Premiership football league the opportunity to receive on their 3G handset a video clip each time their favourite team or teams score or concede a goal. “3” will also be offering videophone calls and map and location services. Hutchison says that it will be providing 3G coverage to 50% of the UK population by December and will extend that to 70% by the end of 2003. Those areas not covered by 3G will be able to use “3” GSM services over the MM02 network. And for all those early adopters out there, you’ll be able to buy the NEC 3G handsets in “3” flagship stores that Hutchison is to open on London’s Oxford Street, Kensington High Street (also in London) and in Birmingham. It is not yet known exactly what the handsets will cost – but they’ll certainly be priced at a premium.

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