To: Uncle Frank who wrote (16811 ) 1/30/2000 8:43:00 PM From: Ruffian Read Replies (2) | Respond to of 54805
This Might Bring Smiles!> Qualcomm in Talks With China Unicom on CDMA Standard, AWSJ Says Beijing, Jan. 31 (Bloomberg) -- Qualcomm Inc. is in talks with China United Telecommunications Corp., the nation's second-largest phone company, to team up in China's mobile phone market, the Asian Wall Street Journal reported. Louis Lupin, senior vice president of the San Diego-based maker of wireless phones, said no agreement had been reached, though the paper quoted an unnamed official saying the two sides may agree on a plan as soon as the first week of February. A pact with Qualcomm may insure China adapts the wireless standard known as CDMA, which is widely used in the U.S., rather than the GSM standards it uses now, the paper said. The number of mobile phone subscribers in China is expected to surge to 70 million this year from 43 million last year. Jan/30/2000 19:21 For more stories from Bloomberg News, click here. (C) Copyright 2000 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 2000 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.