Qualcomm Moderated Thread - please read rules before posting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

QCOM 179.02

+3.7%

Nov 5 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ramsey Su who started this subject	10/29/2002 10:39:44 PM
From: quartersawyer	of 196499

DoCoMo to halt new foreign investment-Asahi Reuters, 10.29.02, 7:17 PM ET TOKYO, Oct 30 (Reuters) - Japan's largest mobile phone operator, NTT DoCoMo Inc, plans to halt new investments abroad for the time being after suffering huge losses on its stakes in foreign carriers, the Asahi Shimbun newspaper said on Wednesday. DoCoMo spent nearly two trillion yen ($16.25 billion) to promote its high-speed third-generation wireless technology as the next global standard and ensure it could provide a global roaming network under the W-CDMA (wideband code division multiple access) standard. But DoCoMo's overseas strategy has come under scrutiny after the company said earlier this month it would write down $4.7 billion on its investments in AT&T Wireless Services Inc (nyse: AWE - news - people) and other overseas firms in the six months to September. The Asahi report said DoCoMo planned to forgo new capital tie-ups with overseas firms for the time being and concentrate instead on tie-ups focused on providing technology instead. A DoCoMo spokesman declined immediate comment on the report. The company's 3G service, which offers high-speed Internet access and face-to-face video calling, has fallen far short of DoCoMo's targets for users. ($1=123.06 Yen) Copyright 2002, Reuters News Service forbes.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next