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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.34+0.8%Feb 6 9:30 AM EST

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To: Harvey Rosenkrantz who wrote (19276)12/8/1998 9:32:00 AM
From: DaveMG  Read Replies (1) of 152472
 
Now How could this be happening?


PHS Subscriptions Fall For 14th Straight Month In Nov




December 8, 1998



Nikkei English News via NewsEdge Corporation : TOKYO (Nikkei)--The number of personal handyphone system (PHS) subscribers decreased 80,400 from the previous month to 6.08 million in November, marking 14 consecutive months of decline, according to preliminary mobile phone company reports released Monday. The rate of decline continued to shrink, however, a sign the slump may be bottoming out.

The number of cellular phone subscribers increased 770,000, meanwhile, to 38.06 million, topping 30% of the Japanese population for the first time. The total number of mobile phone subscriptions reached 44.15 million, equivalent to 34.9% of the population, the reports noted.

Astel group cut the previous month's fall in its PHS subscriptions in half to 10,800, as sales campaigns helped subscriptions to grow at four of its 10 group firms. NTT Mobile Communications Network Inc. (9437) saw the number of its subscribers decline 59,000, the sharpest among mobile phone companies. NTT DoCoMo expects to begin a recovery in December, however, with the launch of discount services.




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