Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: bananawind who wrote (709)	8/9/1999 4:04:00 PM
From: straight life	Respond to of 13582

Qualcomm set to launch in Australia SYDNEY, Aug 9 (Reuters) - U.S. digital wireless phone maker Qualcomm Inc will begin promoting itself in Australia in coming weeks as it prepares to sell mobile telephone handsets into the new CDMA market. Qualcomm had signed a non-exclusive agreement to provide Australia's leading telco Telstra Corp with CDMA-compatible handsets, senior vice-president sales and marketing David McDowell said on Monday. Telstra plans to introduce CDMA (Code Division Multiple Access) to replace its existing analogue network, which is due to be phased out at the end of 2000. Telstra senior product manager Greg Young said Qualcomm handsets would be among its product range, with the CDMA service due to be launched ''in the next month or so.'' CDMA is a competitor to existing GSM (Global System for Mobiles) mobile technology, but offers more capacity for data services and a better quality voice service. Qualcomm, which developed much of the CDMA technology, is the biggest single seller of handsets in the United States, facing its main competition from manufacturers in South Korea, where the system is in widespread use. Telstra plans to migrate up to 900,000 analogue users to CDMA, while smaller telcos Hutchison Telecommunications (Australia) Ltd and AAPT Ltd also plan to build CDMA networks. McDowell told a briefing Qualcomm was in talks with Hutchison, but has not yet had talks with AAPT.