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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

Nov 13 3:59 PM EST

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To: kech who wrote (20947)	1/7/1999 10:26:00 PM
From: Caxton Rhodes	Read Replies (4) of 152472

Tom This is from an article on post 3706 on the WCOM Thread: Atlantic, with which AirTouch already shares joint ownership of PrimeCo, a PCS (personal communications service) company, wants to create a national U.S. wireless footprint. If combined with the Baby Bell's East coast-based mobile operations, the AirTouch subscriber base could be expanded from coast to coast. Britain's Vodafone Group is aggressively expanding on the European continent, and has invested alongside AirTouch in several overseas ventures. Joining the two companies' operations would create a network that spans Europe, and would give Vodafone a valuable presence in the U.S. and Asian markets. MCI WorldCom has created a valuable international end-to-end phone network, but lacks a wireless strategy. Chairman Bernard Ebbers has said in the past that he prefers to concentrate on land phone lines, but many analysts have said the company should have a wireless component if it is to compete with the world's other full-service telecommunications giants.

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