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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 163.02-1.3%2:40 PM EST

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To: foundation who wrote (31797)1/28/2003 7:46:26 AM
From: foundation  Read Replies (1) of 197207
 
China Telecom and China Netcom Tiptoes to CDMA

CHINA, Jan 28, 2003 (SinoCast via COMTEX) -- News from the press conference of CDMA1x mobile phones held by TCL shows that the market capacity of CDMA and PHS (personal handy phone system) will be doubled this year. Moreover, China Telecom and China Mobile are approaching to CDMA and PHS market.

As China Telecom and China Netcom's entry into CDMA market and the popularity of personal handy phone system, it will reshape the market this year. Yang Xiaoxi, vice-general manger of the Marketing Department and general manager of CDMA Department of TCL Mobile Communications Co., Ltd, expects that the market capacity in 2003 for newly subscribed mobile phone users will be 70 million to 80 million, 15 million for new personal handy phone users, 13 million for CDMA subscribers, CDMA450 will hit 10 million. China Telecom and China Netcom are both preparing for CDMA450 that has a covering rate of 20 kilometers and can roam around the country. As personal handy phone system become mature, it is single-way charge of mobile phones actually.

He expects that China Telecom and China Netcom may gain the 3G license at the end of 2003, now they are preparing for transforming from CDMA450 to 3G.

From Information Times, Page 3, Monday, January 27, 2003 info@SinoCast.Com

Copyright (C) 2003 SinoCast, All rights reserved
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