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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%3:59 PM EST

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To: foundation who wrote (32072)2/8/2003 11:48:06 AM
From: waitwatchwander  Read Replies (1) of 197244
 
Peterburg delays publishing Cellcom’s UMTS network request for proposal

globes.co.il

The request for proposal was scheduled for January.

Efi Landau 6 Feb 03 18:49

Cellcom president and CEO Yitzhak Peterburg has ordered that the publication of the request for proposal (RFP) to buy and set up the company’s 3G UMTS network be postponed and the subject reevaluated.
Sources inform “Globes” that the tender was scheduled to have been published in January. Peterburg postponed publication when he took up his post and called for meetings of Cellcom’s strategic teams.

Partner Communications (Nasdaq: PTNR; TASE:PTNR; LSE:PCCD), published a 3G tender six months ago, and is now studying bids by Ericsson (Nasdaq:ERICY), Nokia (NYSE:NOK), Nortel Networks (Nasdaq:NT) and Siemens (NYSE:SI; XETRA:SIE) - NEC (NYSE:NIPNY; LSE:NEC: XETRA:NIPN) consortium.

Cellcom planned to send its RFP to Nokia, Ericsson and Nortel.

A Cellcom executive told “Globes”, “We are preparing the tender in a way that when the bids arrive, we can immediately begin comparisons and selection. It’s very hard to analyze proposals from such sophisticated and experienced companies. We want the best equipment at the best price.”

Another source said if the government won’t allow the cellular companies to set up a joint 3G infrastructure, Partner would set one up, with all attendant applications, before Cellcom.

Cellcom’s spokesperson said, “The entire global market is reevaluating UMTS in light of changing market conditions and the difficulty in preparing an economic model. Cellcom is also studying economic models and business plans. Cellcom’s tender is ready and the decision to publish it is related to the proper economic model and study of the economic conditions in Israel.”

Published by Globes [online] - www.globes.co.il - on February 6, 2003
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