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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 154.53-0.8%Jan 26 3:59 PM EST

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To: Clarksterh who wrote (7871)2/2/1998 2:57:00 PM
From: Caxton Rhodes  Read Replies (2) of 152472
 
Nortel (Northern Telecom) Once Again Prioritizes Mobile Operators' and Market Needs for UMTS Standardization Process
February 2, 1998

Qualcomm wanted everyone to use cdma, and now that they are we shall see how good their legal department is. We have all been betting on collecting the royalties, or as qdog says, show me the money. To even be in this postion, thing have unfolded as they should.
Caxton

PARIS, Jan. 29 /PRNewswire/ via Individual Inc. -- Nortel (Northern Telecom) reaffirms its support for global standards in the on-going effort to make third generation wireless communications services -- also referred to as Universal Mobile Telecommunications Systems (UMTS)-- available and readily accessible to all GSM operators around the world. Nortel made this announcement today at the European Telecommunications Standards Institute (ETSI) plenary session held on January 28 and 29, 1998 in Paris.

As already stated at the GSM MoU plenary meeting in Cyprus last September, Nortel firmly believes that both existing customers and new operators should be assured a smooth and clear path towards third generation wireless networks in existing and new spectrum, with associated low cost terminal solutions, supporting dual mode GSM/UMTS operations.

''Our customers and the global operator community clearly desire a single global standard for third Generation systems,'' said Pascal Debon, group vice president, general manager, GSM Wireless Networks, Nortel. ''We are pleased with the agreement reached at the ETSI meeting in Paris this week. The agreement successfully builds upon the strengths of the two leading concepts, W-CDMA and TD-CDMA.''

''The progress in ETSI is an important step towards achieving the industry goals of a single global standard for the IMT 2000 (International Mobile Telecommunications 2000) program, as defined by the International Telecommunications Union (ITU). This will deliver the benefits of multimedia wireless communication services to users everywhere,'' Debon added.

Nortel works with customers in more than 150 countries to design, build and integrate their communications products and advanced digital networks. Customers include public and private institutions; Internet service providers; local, long-distance, cellular mobile and PCS communications companies; cable television companies; and utilities.

Nortel had 1997 revenues of US$15.5 billion and has approximately 73,000 employees worldwide.

SOURCE Northern Telecom Limited
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