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To: 16yearcycle who wrote (50406)11/16/1999 2:02:00 PM
From: Ruffian  Respond to of 152472
 
CDMA LAUDS CHINA-US AGREEMENT CDMA PART
by: lcwatson (46/F/Baton Rouge, LA (but trav)
11/16/1999 1:52 pm EST
Msg: 57845 of 57862
CDMA DEVELOPMENT GROUP LAUDS LANDMARK CHINA-UNITED STATES AGREEMENT CDMA SEEN AS
ENABLER OF IMPROVED COMMUNICATION IN WORLD'S LARGEST Wireless Market
PR NEWSWIRE - November 16, 1999 12:27
BEIJING, Nov 16, 1999 /PRNewswire via COMTEX/ -- Speaking from the China CDMA '99 Summit in Beijing, the CDMA
Development Group (CDG) today applauded the China-US announcement that paves the way for China's entry into the World
Trade Organization (WTO).

"The outcome of the WTO meetings is good for the wireless industry, good for CDMA and excellent for the people of China,"
said Perry LaForge, executive director of the CDG. "Our members stand to benefit from yesterday's announcement as this
agreement may smooth the path to faster integration of advanced wireless services into the vast and important Chinese
market."

The China CDMA '99 Summit opened with greetings and presentations by Deng Zhenyin, secretary general, China Institute of
Communications; Song Zhiyuan, president, China Institute of Communications; Zhu Sanbao, deputy director general, Radio
Regulatory Bureau, Ministry of Information Industry; Houlin Zhao, director, Telecommunications Standardization Bureau, ITU;
and LaForge. They discussed the state of the wireless industry in China, the benefits of CDMA, and the arrival of third
generation services.

During the first day of the CDMA Summit, China Unicom's Zhang Fan, director-general, department of mobile communications,
outlined the company's vision of its planned CDMA system. China Unicom now offers the country's second national public
mobile telephone network. He summarized the reasons for the company's decision to adopt CDMA technology, including
improved spectrum utilization due to significant capacity and coverage advantages, and more economical and expeditious
network construction. Zhang went on to cite the user benefits critical to Unicom's choice of CDMA, including superior data
capabilities, better security, low call drop rate, low transmit power, long battery life, and voice quality similar to that offered by
fixed networks.

Zhang went on to say that China Unicom looks forward to launching its CDMA network so it can offer first-class service and
create a new brand name to better compete with international telecom enterprises. The CDMA network will enable China
Unicom to continually serve additional subscribers to keep pace with the expected growth in the country and will provide an
excellent platform for third generation services. CDMA will also promote the growth of the domestic manufacturing sector as
the company aims to have 40 million subscribers on board by 2003.

China is an exciting mobile marketplace, as the number of subscribers has grown from 3200 in 1987 to 37.6 million in
September of 1999. Experts predict that number to increase to 60 million by the end of 2000 and to 180 million in 2005.




To: 16yearcycle who wrote (50406)11/16/1999 2:05:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> I won't chase it up and will buy on every correction the next few years as I did in May, and September.

It's almost too easy, isn't it? With no changes in fundamentals, there is no decision to make until late January 2000.

You've just outlined the most basic behavior for wealth accumulation.

uf