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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.59-3.9%3:59 PM EST

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To: Ramsey Su who wrote (30469)12/27/2002 9:37:18 AM
From: talksfree  Read Replies (1) of 196713
 
First, the news is really a non-event. AT&T has been moving strongly to EDGE for some time. It never realistically expected to deploy the WCDMA network in June of 2003, or else it would not be devoting so much time to GRPS deployment and EDGE development. My quess is that, until WCDMA is commercially deployed across the globe and "works", we will never see anything other than minor deployments of WCDMA. The public announcement has more to do with the specifics of the AT&T/DOCOMO deal (and placading shareholders) than it does with the real world aspects of a WCDMA deployment.

Second, Sprint and Verizon (more so) have real spectrum limitations that would preclude them from expecting or wanting to take over all of the AT&T/Cingular subscribers. They are focusing on steading and sustainable growth until the spectrum issues are resolved.

IMHO

Bob
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