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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%12:59 PM EST

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To: DaveMG who wrote (15395)9/23/1998 10:39:00 AM
From: straight life  Read Replies (1) of 152472
 
(Thought I'd post this, so nobody has to jump to yahoo. Also- just got a SCARY phone call, out of the blue, from AT&T: FREE DIGITAL ERICY phone. FREE nights and weekends, FREE first minute, NO long distance charges to 5 or so area codes I use (that's just a coincidence) the most, 1/2 hour FREE long distance on my POTS, FREE voice mail etc... $29.99 a month. Unfortunately, that sounds great, am I right? Or will "they"(ATI, FON etc.) start giving away QCOM phones soon?)

IS-634 Open Interface System is Launched by ChaseTel Using QUALCOMM and Alcatel Network Equipment

- Network Utilizes QUALCOMM Radio Access Equipment and Alcatel's Switching Platform -

ORLANDO, Fla., Sept. 23 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced the commercial launch of a cdmaOne(TM) (IS-95 Code Division Multiple Access) network utilizing the IS-634 open system radio-switch interface, which offers operators flexibility in designing their wireless networks for their particular price and performance needs. Chase Telecommunications, Inc. (''ChaseTel'') is providing CDMA Personal Communications Services (PCS) in Chattanooga, Tenn. using QUALCOMM's radio access equipment and Alcatel's switching platform.

''Alcatel and QUALCOMM understand that operators need access to versatile products that can be adapted to meet specific market needs,'' said Larry Brittain, regional vice president of North American Operations for QUALCOMM's Wireless Infrastructure Division. ''We are pioneering the implementation of open interface standards for CDMA networks so operators, like ChaseTel, can separate the evaluation of switching and CDMA access components, selecting the best combined CDMA network solution for their needs.''

''We are extremely proud to be pioneering a new network architecture with QUALCOMM and Alcatel, who have worked closely with us to ensure a smooth launch and successful operation of the system,'' said Anthony Chase, chairman and president of ChaseTel. ''As an operator, it's important to have the opportunity -- and the technical freedom -- to select top tier equipment suppliers that can best meet the needs of our customer base.''

The network features QUALCOMM's QCore(TM) 22 base station controllers fully integrated with the Alcatel 1000 S12 switching center via the IS-634 open interface, as well as QCell(TM) base stations from QUALCOMM.

''Successful operators of wireless networks are demanding support of open interfaces, and we see a continued, growing demand for this type of solution,'' Joe Turgeon, assistant vice president of product marketing and sales for Alcatel's Mobile Switching Group.

ChaseTel's advanced CDMA network will provide coverage to more than 300,000 potential customers in the Chattanooga area. ChaseTel is a C-Block license holder with 15 MHz PCS licenses in 11 Basic Trading Areas (BTAs) throughout Tennessee and parts of six surrounding states.

QUALCOMM's products optimize cdmaOne technology to its greatest potential, providing high performance networks to operators all over the world. As a leading CDMA equipment provider, QUALCOMM offers turnkey fixed and mobile systems to 800 MHz cellular and 1900 MHz PCS operators. QUALCOMM has CDMA network deployments planned or underway in North and South America, Asia- Pacific, the Commonwealth of Independent States and Africa. As the pioneer of CDMA technology, QUALCOMM continues to invest in the research, development and standardization of new CDMA products and features, as well as third-generation digital wireless services.

ChaseTel, a privately held corporation, intends to become a leading provider of broadband PCS in the State of Tennessee and surrounding areas. ChaseTel bid for and has been granted C-Block licenses by the Federal Communications Commission to provide PCS service to the approximately 6.3 million potential customers in its service area, including the Chattanooga, Nashville, Memphis and Knoxville metropolitan areas. ChaseTel's service area covers approximately 98 percent of the population of the state of Tennessee, and contiguous portions of six adjacent states. ChaseTel has its operational headquarters in Nashville, Tenn.

A world leader in telecommunications systems and equipment, as well as related cables and components activities, Alcatel operates in over 130 countries. Alcatel provides complete solutions and services to operators, service providers, enterprises and consumers, ranging from backbone networks to user terminals. For more information, visit Alcatel on the Internet: or the U.S. web site at

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 OmniTRACS(R) 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 Globalstar(TM) low-earth-orbit (LEO) satellite communications system. Other Company products include the Eudora Pro(R) 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 .

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 products, 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 28, 1997 and most recent Form 10-Q.

QUALCOMM, OmniTRACS and Eudora Pro are registered trademarks of QUALCOMM Incorporated. QCell and QCore are trademarks of QUALCOMM Incorporated. Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated. cdmaOne is a trademark of the CDMA Development Group.

SOURCE: QUALCOMM Incorporated
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