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


To: Cosmo Daisey who wrote (41880)9/19/1999 11:21:00 PM
From: Uncle Frank  Respond to of 152472
 
>> Equally laughable was the recent article in Barons that said the US should adopt the European standard GSM.

I'd wager the technical staffs of the carriers know the advantages of cdma! The financial community is the dog's tail <and that's being polite>. They will react to the cdma adoption rate which is carrier, not analyst, driven.

The neat part is that since we "know", we have had a wonderful head start on the herd that will soon be arriving.

uf



To: Cosmo Daisey who wrote (41880)9/20/1999 9:11:00 AM
From: Jenne  Read Replies (1) | Respond to of 152472
 
QUALCOMM WIRELESS BUSINESS SOLUTIONS EXTENDS OMNITRACS CONTRACT WITH CELADON GROUP, INC. CELADON EXPANDS ITS OMNITRACS MOBILE Communications Services to Canada and Mexico
PR NEWSWIRE - September 20, 1999 07:29
SAN DIEGO, Sep 20, 1999 /PRNewswire via COMTEX/ -- QUALCOMM Incorporated (Nasdaq: QCOM), a leader in mobile communications for the transportation industry, today announced that Indianapolis-based Celadon Group, Inc. (Nasdaq: CLDN), has extended its OmniTRACS(R) mobile information management services contract by three years bringing the company to a five-year contract. With 2,300 line haul tractors fully equipped with the OmniTRACS system, Celadon has also purchased an additional 400 OmniTRACS units to assist with the expansion of its mobile communications services to both Canada and Mexico.

Celadon, recently awarded a contract from Volkswagen de Mexico that is expected to average $5 million annually over the next two years, has also recently announced the acquisition of Zipp Express, which operates a fleet of approximately 280 tractors between the United States and Mexico.

"QUALCOMM, through its OmniTRACS mobile information management system, gives us the ability to provide exceptionally high service levels to the NAFTA market, which is critically important to our automotive customers," said Stephen Russell, chairman and chief executive officer of Celadon. "The international market will continue to provide significant growth opportunities to Celadon due to its unique competitive advantage of having ubiquitous asset visibility from the OmniTRACS services."

"Celadon's aggressive activity within Canada and Mexico allows QUALCOMM to continue its key objectives of further expanding into the international markets," stated Chris Wolfe, vice president and general manager of domestic business, QUALCOMM Wireless Business Solutions(TM). "We look forward to continuing our work with Celadon to jointly bring our domestic success across international borders."

With nearly 300,000 OmniTRACS units sold worldwide, QUALCOMM Wireless Business Solutions is a global leader of integrated wireless data solutions. QUALCOMM's Network Management system is one of the world's largest data networks, processing over 5 million data transactions a day. QUALCOMM currently has systems operating in the United States, Canada, Mexico, Europe, Russia, the Middle East, Argentina, Brazil, Japan, Korea and Malaysia.