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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

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Nov 21 9:30 AM EST

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To: qdog who wrote (7550)	1/25/1998 8:39:00 AM
From: Jim Lurgio	Read Replies (1) of 152472

A comment on Nextwave RCR NEWS TODAY'S NEWS January 23, 1998 MCI, WorldCom hold off on wireless local loop MCI Communications Corp. and its proposed partner WorldCom will not be giving wireless local loop a serious look for at least three years, according to Ray Allieri, MCI senior vice president of local services. Answering questions following a speech yesterday by Tim Price, MCI's president and chief operating officer, and chief executive officer-designate of MCI WorldCom U.S., Allieri commented, ``We are testing all alternatives (for local service) including fixed wireless. However, our primary way (to enter the local loop) is by reasonably priced, ready access to copper for a long time, at least three years.'' Allieri also mentioned that MCI's contract with personal communications services licensee NextWave Telecom Inc. may be re-evaluated in the future if it appears that the C blocker will continue to have network-buildout difficulties. ``[Our continued contract] depends on when they get financing to build out their networks into larger markets,'' he said. RCR NEWS

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