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 154.12

-3.3%

Jan 20 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Neeka who wrote (29160)	11/20/2002 12:25:35 PM
From: Neeka	Read Replies (1) of 197299

Vodafone hangs up on 3G Michael Sainsbury NOVEMBER 20, 2002 STRUGGLING No. 3 mobile phone group Vodafone has acquiesced to financial imperatives and will not build a national third generation mobile network in Australia. Despite spending more than $200 million on a 15-year licence for 3G spectrum, Vodafone Australia chief operating officer Graham Maher said the company would opt for a partial network build, or (more likely) run a wholesale service on a competitor's network. He told The Australian: "We do not expect there to be four 3G networks in Australia." Hutchison Telecommunications is already building a network worth at least $3 billion and Optus has signed a deal to spend a minimum of $900 million with Nokia to build a 3G network sometime in the future. Telstra has kept its powder dry on the issue, but Telstra mobile's chief David Thodey has acknowledged that it will eventually build a network. "If the industry in Australia lets the same situation happened as it did with second generation networks, where there are too many, then we are bloody stupid," Mr Maher said. But Mr Maher warned that 3G networks were not yet close to fulfilling their hype. He said Vodafone already has operational 3G networks in other countries. "We have not yet found the applications that justify the networks," Mr Maher said. Vodafone has had preliminary talks with other players about joint 3G arrangements, Mr Maher said. He also cast doubt on a possible alliance with Hutchison who industry watchers see as the company's natural ally in Australia. "Hutchison is an international competitor of ours and I don't think it is as obvious as everybody thinks it is," Mr Maher said. In a speech in Sydney last night, Mr Thodey said Telstra has been successfully trialling the 1xRTT technology – a precursor to full 3G – on its existing CDMA network. Vodafone launched a full suite of wholesale services yesterday following initial deals with Telecom New Zealand and Macquarie Corporate Telecommunications – a service that will be launched in the New Year. australianit.news.com.au^15306^^nbv^,00.html

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next