SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm-News Only
QCOM 174.01-0.3%Nov 14 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CGG who wrote (2)2/11/1998 10:31:00 PM
From: CGG  Read Replies (1) of 426
 
The following release was issued on October 24 at 4:30 p.m. PDT.

FOR IMMEDIATE RELEASE

QUALCOMM Contacts:
Michelle French, Infrastructure Media Relations
(619) 651-2366 (ph) (619) 651-2622 (fax)
or
Christine Trimble, Corporate Communications
(619) 651-3628 (ph) (619) 651-2590 (fax)
email: ctrimble@qualcomm.com
or
Julie Cunningham, Investor Relations
(619) 658-4224 (ph) (619) 651-2590 (fax)
email: juliec@qualcomm.com

QUALCOMM Leads Commercial CDMA Wireless Local Loop Deployments with Third
System Launch
-- Electrosviaz of Rostov Region to Offer Wireless Phone Service in
Rostov-on-Don, Russia --

SAN DIEGO - October 24, 1997 - QUALCOMM Incorporated (NASDAQ: QCOM) today
announced the commercial launch of a Code Division Multiple Access (CDMA)
wireless local loop network in Rostov-on-Don, Russia. The network,
operated by Electrosviaz of Rostov Region, will initially serve 2,000 users
and will be expanded to serve 20,000 residents and businesses in the Rostov
region under the terms of the multi-year contract with QUALCOMM. This
launch follows other commercial launches of QUALCOMM cdmaOneT (IS-95 CDMA)
networks in New Delhi, India and Chelyabinsk, Russia earlier this year.

The official first call ceremony was held on October 22, 1997, with the
mayor of Rostov Region and executives from Electrosviaz of Rostov Region
and QUALCOMM in attendance. Ron Uhlig, QUALCOMM's regional vice president
of Infrastructure Sales for the Commonwealth of Independent States (CIS)
and Baltic countries, commented, "Because of the visionary leadership at
Electrosviaz of Rostov Region, telephony in the Rostov region will leapfrog
several generations of older technologies directly to CDMA, the most
advanced digital wireless technology available. QUALCOMM is honored to be
a participant in this project, which is delivering reliable, high-quality
communications to the region and will offer further testimony to the many
advantages of CDMA technology. It is truly an accomplishment to have
jointly installed the system and brought it into commercial operation in
just over 40 days. I look forward to continued cooperation between
Electrosviaz of Rostov Region and QUALCOMM to expand CDMA service to the
entire region."

Valery Ukhov, General Director of Electrosviaz of Rostov Region, expressed
his satisfaction with QUALCOMM, the supplier of the infrastructure and
subscriber equipment and services for the system. "As the developer of
CDMA technology, QUALCOMM has the technical expertise that we require in a
vendor to ensure a successful deployment of our system. In addition, they
provide us with a product that is uniquely suited to our needs. The QCoreT
22X Integrated Base Station Controller, which combines the switch and the
controller in a compact, scaleable unit, is an economical choice for
providing service to the 4.5 million people that reside in many small towns
in the Rostov region."

The first call on the system was placed to Mr. Nail Ismailov, General
Director, Open Joint Stock Company Sviazinvest, the Russian Federation
government shareholder of all Sviazinform and Electrosviaz companies
throughout Russia. Mr. Ismailov stated, "I am very impressed with the
excellent voice quality of the system. I hope that CDMA will eventually
serve not only the Rostov region, but all of Russia."

QUALCOMM's wireless local loop systems, which provide voice quality similar
to that of wireline, can be rapidly deployed and easily expanded, and
deliver economic advantages to operators. QUALCOMM has also deployed a
CDMA wireless local loop system in Chelyabinsk, Russia, and is currently
installing a similar system in Moscow.

Headquartered in San Diego, QUALCOMM develops, manufactures, markets,
licenses and operates advanced communications systems and products based on
its proprietary digital wireless technologies. The Company's primary
product areas are the OmniTRACSr system (a geostationary satellite-based,
mobile communications system providing two-way data and position reporting
services), CDMA wireless communications systems and products and, in
conjunction with others, the development of the GlobalstarT low-earth-orbit
(LEO) satellite communications system. Other Company products include the
Eudora ProT electronic mail software, ASIC products, and communications
equipment and systems for government and commercial customers worldwide.
For more information on QUALCOMM products and technologies, please visit
the Company's web site at qualcomm.com.

Except for the historical information contained herein, this news release
contains forward-looking statements that are subject to risks and
uncertainties, including timely product development and commercial
implementation of the Company's technology, as well as the other risks
detailed from time to time in the Company's SEC reports, including the
report on Form 10-K for the year ended September 29, 1996 and most recent
Form 10-Qs.
###

QUALCOMM, OmniTRACS and Eudora are registered trademarks of QUALCOMM
Incorporated. QCore and EudoraPro are trademarks of QUALCOMM Incorporated.
Globalstar is a trademark of Loral QUALCOMM Satellite Services,
Incorporated. cdmaOne is a trademark of the CDMA Development Group.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext