Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: waitwatchwander who wrote (13641)	8/13/1998 9:31:00 AM
From: bananawind	Read Replies (1) of 152472

Northforce... All... Telson are the Korean folks that MOT is subcontracting with, since it cannot seem to produce a working cdmaOne phone on its own. It is not news that Hansol is local sourcing for phones. That is exactly what they said they were going to do back in Jan/Feb when they cancelled the 1MM Q-phone order due to the exchange rate problem. By the way, the more interesting article from the link you provided was down the page a little further. It paints a pretty rosy picture for Korean wireless demand. Inter-City Call Revenues Decline 10 Percent Mobile phone services are undermining the inter-city call service of Korea Telecom and Dacom. The two wired carriers' revenues from the inter-city service have declined by more than 10 percent in the first half of this year, according to industry estimates. Their combined revenues stood at $625 million, down 10.4 percent from the same period last year. The total broke down to $567 million for Korea Telecom and $58 million for Dacom. The decline in sales revenue at these two firms is attributed to the rapidly growing number of mobile phone users who tend to make long-distance calls with their handsets, instead of using wired services. Meanwhile, Korea Telecom's share of the inter-city phone market increased to 94.41 percent in June from 93.55 percent in January, while Dacom's share fell to 5.59 percent in June from 6.45 percent in January. But KT's market share is expected to gradually decline to, since it is loosening its grip on the inter-city segment.

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