WOW--here comes HDR. This represents constant competative pressure world wide like Sprint is putting on competitors w/ its net access.
JohnG
To: LBstocks who wrote (5075)
From: Ruffian
Wednesday, Jan 12, 2000 2:38 AM ET
Reply # of 5083
WEDNESDAY, JANUARY 12, 2000 1:41 AM
- M2 Communications
JAN 11, 2000, M2 Communications - Hitachi, Ltd.(TSE:6501) today announced
that it has signed a letter of intent with QUALCOMM (Nasdaq: QCOM), to jointly
develop equipment and support a field trial of QUALCOMM's High Data Rate
(HDR) technology beginning in mid 2000. Following a successful trial, Hitachi
intends to develop and manufacture HDR infrastructure equipment for commercial
use.
"The demand for wireless data services is growing around the world," said Yasuo
Katou, General Manager of CDMA System Business Operation,
Telecommunication Systems Divison of Hitachi, Ltd. "We believe we can help
carriers meet this growing demand by offering equipment that provides
high-performance, cost-effective wireless data services through HDR."
"Optimized for packet data, HDR enables high-speed, always-on wireless Internet
access using standard Internet Protocols," said Irwin M. Jacobs, chairman and
CEO, QUALCOMM. "We are pleased that Hitachi has recognized the merits of
HDR and plans to manufacture infrastructure equipment to support the deployment
of HDR. We look forward to working with Hitachi to make the HDR a success."
Technical trials of HDR are expected to begin in the middle of 2000, and the
marketing trials and commercial rollout are expected to occur during 2001.
Initial HDR network trials will incorporate evaluations of HDR's air-link performance,
advanced feature sets, decentralized Internet Protocol (IP)-based architecture and
highly integrated access points. HDR supports e- mail, web browsing,
e-commerce, telematics and many other applications while offering end- users
continuous, untethered access to the Internet and next generation data services.
HDR's versatility allows the technology to be embedded in handsets, laptops and
handheld computers, and other fixed, portable and mobile devices.
HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz
channel bandwidth.
Optimized for packet data services, HDR incorporates a flexible architecture
based on standard Internet Protocols (IP). HDR's IP-based architecture allows
flexible implementation of this wireless system in high-performance and
cost-effective ways. As a complementary solution to voice networks utilizing
operator's existing cell sites, towers, antennas and network equipment, HDR
technology allows operators to leverage their current infrastructure investment and
cellular/Personal Communication Services (PCS) networks. HDR can also be
implemented as a stand-alone system using off-the-shelf IP backbone equipment.
HDR is compatible with IS- 95A, IS-95B and future cdma2000(TM) networks,
enabling existing cdmaOne(TM) and cdma2000 service providers to obtain higher
capacities and superior performance by optimizing voice and data spectrum
separately, serving both applications from the same network.
Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global
electronics companies, with fiscal 1998 (ended March 31, 1999) consolidated
sales of 7,977 billion yen ($65.9 billion*). The company manufactures and markets
a wide range of products, including computers, semiconductors, consumer
products and power and industrial equipment.
For more information on Hitachi, Ltd., please visit Hitachi's Web site at
hitachi.co.jp.
* At an exchange rate of 121 yen to the dollar.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and
delivering innovative digital wireless communications products and services based
on the Company's CDMA digital technology. The Company's major business
areas include CDMA phones; integrated CDMA chipsets and system software;
technology licensing; and satellite-based systems including OmniTRACS(R) and
portions of the Globalstar(TM) system. Headquartered in San Diego, Calif.,
QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE 500(R)
company traded on the Nasdaq under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains
forward- looking statements that are subject to risks and uncertainties, including
timely product development, the Company's ability to successfully manufacture
significant quantities of CDMA or other equipment on a timely and profitable basis,
and those related to performance guarantees, change in economic conditions of
the various markets the Company serves, as well as the other risks detailed from
time to time in the Company's SEC reports, including the report on Form 10-K for
the year ended September 26, 1999, and most recent Form 10-Q.
QUALCOMM and OmniTRACS are registered trademarks of QUALCOMM
Incorporated. cdmaOne is a trademark of the CDMA Development Group.
cdma2000 is a trademark of the Telecommunications Industry Association.
Globalstar is a trademark of Loral QUALCOMM Satellite Services, Incorporated.
All other trademarks are the property of their respective owners.
((M2 Communications Ltd disclaims all liability for information provided within M2
PressWIRE. Data supplied by named party/parties. Further information on M2
PressWIRE can be obtained at presswire.net on the world wide web.
Inquiries to info@m2.com)). |
