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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Jon Koplik who wrote (29199)	5/5/1999 8:42:00 AM
From: quidditch	Read Replies (1) of 152472

Reuters Dispatch: Ericsson sees 1bln wireless users: Wednesday May 5, 7:34 am Eastern Time Ericsson sees one bln mobile phone users by 2004 STOCKHOLM, May 5 (Reuters) - Swedish telecoms group Ericsson's chief executive Sven-Christer Nilsson expects the number of mobile phone subscribers to reach one billion globally before 2004, Nilsson said on Wednesday. Nilsson had said earlier he expected the number of subscribers to reach one billion in 2004. ''The most recent indications are that the number of mobile phone subscribers is going to reach one billion before 2004,'' Nilsson told analysts at a lunch meeting. Nilsson declined to give a more exact date, nor would he say what was behind the faster growth rate. ''We are constantly doing very careful analyses. This is the development they show,'' Nilsson said, declining to comment more. Regards. Liacos_samui

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