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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JohnG who wrote (32696)	6/19/1999 9:00:00 AM
From: JohnG	Read Replies (3) \| Respond to of 152472

QCOM/Sony relationship--This article suggests that Sony's relationship w/ Q is a strategic one for Sony. There is no mention of CDMA in the article, but I am assuming that CDMA will be used. Do you think so, Sony To Launch Wireless Telecom Service In Japan TOKYO, JAPAN, 1999 JUN 18 (Newsbytes) -- By Martyn Williams, Newsbytes. Consumer electronics giant Sony Corp. [TOKYO:6758] has announced plans to roll out wireless local loop services across Japan. The new services, which will launch next year, are a further step for Sony into the telecommunications sector. Unlike other similar services, which are currently being launched or planned and are aimed at large corporations, Sony is aiming for the middle of the market, targeting SOHO (small office, home office) users and heavy Internet users. By signing up for the service, customers will be able to connect to Sony's Internet service provider business, Sony Communications Network Inc. (So-Net), without the need for a local telephone call. Japan's local call charges, which at 10 yen ($0.08) for three minutes have remained the same for more than 10 years, are coming under increasing criticism for stalling the growth of the Internet. Sony plans to begin rolling out the service in July 2000 in the Kanto, Tokai and Kinki regions - which include the capital city of Tokyo and the major cities of Osaka, Nagoya, Yokohama, Kobe and Kyoto. Nationwide service is expected to be launched by the end of the year. Over the next three years, Sony estimates it will spend 10 billion yen ($83.75 million) to roll out the service. The new service is another example of Sony's move into the telecommunications sector as it attempts to become a full service media company. At present it produces content, from movies and TV shows to video games and Internet services that can be enjoyed on Sony products, from TV sets and DVD players to personal computers and the PlayStation video console but the missing link has been a delivery platform. With its own wireless local loop network, Sony will be able to send its own digital content directly into homes for use on Sony-made equipment thus offering the entire range of services. Other telecommunications ventures the company already has a stake in include Crosswave Communications Corp., which launched earlier this year to provide very high speed telecommunications links throughout Japan. The Crosswave backbone is likely to be used to connect Sony's wireless network together. Exchange rate: $1 = 119.40 yen