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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: JGoren who wrote (3367)8/9/1997 7:39:00 PM
From: Caxton Rhodes   of 152472
 
PCS and Privatization of Guatel

8/6/97 - The Guatemalan government-owned telephone company, Guatel, recently announced its decision to award the
PCS-CDMA project to Nortel. The company will be in charge of installing Guatel's wireless CDMA network with an initial
capacity of 130,000 fixed based lines and 20,000 mobile lines. According to Alfredo Guzman, Guatel's General Manager, of
the several companies invited to participate in the bidding process, only Nortel and Qualcomm decided to compete. After
analyzing the two bids, Guatel says that Bellcore Consulting International recommended Nortel's proposal.

The first phase of the project includes the installation of stationary and mobile telephony in the cities of Guatemala,
Quetzaltenango, Puerto Barrios, and Escuintla. The second phase of the project will cover the rest of the country. The service
is expected to be working by February 1998.

Let's hope that QCOM starts winning some.
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