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

QCOM 163.32

+2.3%

3:59 PM EST

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To: foundation who wrote (33229)	3/7/2003 9:19:31 AM
From: foundation	Read Replies (1) of 196720

DoCoMo Gets Request For Holder Loan From Hutchison 3G UK Friday March 7, 8:35 am ET LONDON -(Dow Jones)- Japanese mobile telecommunications operator NTT DoCoMo Inc. said Friday that it has received a request from Hutchison 3G U.K. Holdings Ltd. seeking a shareholders loan advancement of GBP200 million. H3G U.K., majority-owned by Hutchison Whampoa Ltd. , is the first network operator to launch third-generation mobile services in the U.K. NTT DoCoMo owns 20% of H3G U.K. It said the funding request was in accordance its 20% stake. DoCoMo said the request relates to a provision of the shareholders agreement between the two companies that stipulates that it is contractually obliged to provide up to GBP200 million as a loan advance, if certain preconditions were fulfilled. It didn't specify what the preconditions were. Neither DoCoMo or Hutchison 3G U.K. were available for comment. DoCoMo said it will respond to the request by the middle of April. biz.yahoo.com ========== LOL! Li would rather lose OPM.

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