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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 179.02+3.7%Nov 5 3:59 PM EST

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To: foundation who wrote (28208)10/28/2002 7:45:46 PM
From: foundation  Read Replies (1) of 196514
 
Chirac calls for EU telecom rescue plan

Marc van Impe
Nordic Wireless Watch - October 28, 2002 at 09:24 GMT

Last Friday, at the end of a two-day summit of European leaders [October 25], French President Jacques Chirac called for a rescue plan for the European Union's heavily-indebted telecom industry. He asked the leaders to come to a European policy, with proposals to be filed next March.

President Chirac said that the auctions for next generation mobile telecom licences were scandalous and they caused the European telecom operators to lose their world leading spot. Chirac didn't offer any specifics on what type of aid program he wanted.

nordicwirelesswatch.com

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