Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (69083)	1/31/2000 8:12:00 AM
From: Nanda	Read Replies (1) \| Respond to of 108040

AGEN...look into this IPO. Should be very hot!!

To: 2MAR$ who wrote (69083)	1/31/2000 8:22:00 AM
From: Mike E.	Read Replies (3) \| Respond to of 108040

(REUTERS) Qualcomm closer to wireless deal in China - WSJ Qualcomm closer to wireless deal in China - WSJ NEW YORK, Jan 31 (Reuters) - Qualcomm Inc.<QCOM.O>, developer of wireless technology and a Wall Street star, is moving closer to a deal that could change the future of mobile communications in China, the Wall Street Journal reported. Meetings between Qualcomm executives and officials of China United Telecommunications Corp., China's second biggest telephone company, began Thursday and stretched into the weekend, the newspaper reported. San Diego-based Qualcomm, which holds many patents for mobile-phone technology in the United States, is hoping to secure a deal that would expand China's huge mobile-phone market and would ensure its products remain dominant, the Journal said. China, a hotspot for the mobile telecommunication market, had 43 million mobile-phone users last year, the Journal reported. That number is expected to reach 70 million this year, the paper said. The talks pit CMDA wireless technology, widely used in the United States, against the European GSM wireless technology that is currently the nearly exclusive technology in China, the Journal reported. Last year, Chinese negotiators, under pressure from Washington, agreed to launch a CMDA mobile network, which would create more business opportunities for U.S. companies. But the network has yet to be built because the Chinese ministry that oversees telecommunications could not reach an agreement with Qualcomm, which invented most CDMA technology. After months of fruitless negotiations, the Chinese government withdrew from talks in December and allowed China United to strike a deal. ((New York Newsdesk, 212-859-1700)) REUTERS * end of story *