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

To: 16yearcycle who wrote (48622)	11/9/1999 12:52:00 AM
From: LBstocks	Respond to of 152472

Bell Atlantic's Wireless Phones to Access Internet New York, Nov. 8 (Bloomberg) -- Bell Atlantic Corp., the No. 2 U.S. local phone company, said it will sell Internet access to its digital-wireless customers for $9.95 a month, joining the race to bring e-mail and Internet content to customers' palms. The service will be available in Bell Atlantic's East Coast markets on Nov. 17. To use the service, customers will need Qualcomm Inc.'s 860 phone, which will sell for $119.99. Wireless companies are adding data and other features to their phones to increase usage. Sprint Corp.'s PCS group rolled out its Wireless Web service in September, and Vodafone AirTouch Plc's AirTouch Cellular unit began selling wireless Internet access in three markets in July. ``Ours is a realistic and aggressive plan to bring the Internet to the handset,' Bell Atlantic Global Wireless President and Chief Executive Dennis Strigl said at a Yankee Group conference in New York. In September, Vodafone and Bell Atlantic agreed to combine their U.S. wireless assets to gain coast-to-coast coverage. This will cut costs by decreasing the number of calls their customers will make on other carriers' networks. Shares of New York-based Bell Atlantic rose 2 1/8 to 64 7/16 in New York Stock Exchange trading, while Vodafone's American depositary receipts rose 1/2 to 51 5/16. Web Access Microbrowser will let customers access information such as weather, news updates and travel and flight reservations from their phones. The Qualcomm phone also has a built-in dial-up modem, which customers can use to connect to the Internet using laptop computers with a connection kit Bell Atlantic will sell for $79.99. Customers who add the Internet service to their calling plan will be able to use monthly minutes for voice or data calls. Bell Atlantic expects data to account for 8 percent to 10 percent of revenue five years from now, and 20 percent of revenue in a decade, Strigl said. Boston-based market researcher Yankee Group forecasts that the wireless data market will grow to $13.2 billion by 2003 from $1.8 billion now, Bell Atlantic said. --Lisa Levenson in the Princeton newsroom (609) 279- 4134/jcn/sle/dl