CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: kech who wrote (1571)	1/27/1997 8:16:00 PM
From: Uncle Mikey	of 1819

SAN DIEGO -- Qualcomm Inc. (QCOM) and Italian concern Telital S.r.l. signed a multimillion-dollar royalty bearing handset license agreement and a subcontract. In a press release, the companies said the license agreement enables Telital to use Qualcomm's Code Division Multiple Access technology to design, develop, manufacture and sell portable and fixed handsets for use within the Globalstar satellite communications system. The companies have also signed a multimillion-dollar development subcontract for Telital to design and manufacture pre-production Globalstar/GSM dual-mode handsets. These Globalstar handsets will utilize Qualcomm's CDMA air interface while supporting Global System for Mobile Communications features over the Globalstar satellite constellation, the companies said. Telital, Trieste, Italy, is a privately held telecommunications company. Qualcomm Inc., San Diego, develops, manufactures, markets, licenses and operates communications systems and products based on its digital wireless technologies.

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