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To: Ruffian who wrote (10190)	5/16/2000 1:28:00 AM
From: LBstocks	Respond to of 13582

Legal Row Brewing Over UK 3G Licenses LONDON, ENGLAND, 2000 MAY 15 (NB) -- By Steve Gold, Newsbytes. A series of legal battles have started over the British government's recent auction for five third-generation (3G) wireless network licenses. The terms and conditions for the licenses, which generated some 22.5 billion pounds ($34 billion) for the British government, are now the subject of two legal battles from British Telecom (BT) and One-2-One. Both BT and One-2-One, which already operate second-generation (2G) cellular networks, are seeking a judicial review of the way the license allocations were handled. BT, which has submitted its own petition to the British High Court, says it believes that all license winners should pay their dues to the government at the same time to avoid giving advantage to particular bidders. BT, which notes that Vodafone and Orange have been given a payment holiday of up to 36 weeks, depending on when Orange is sold, says that the interest on the 10 billion pounds ($15.1 billion) owed by Vodafone and Orange comes to around 2 million pounds ($3 million) a day. The company alleges that, if the payments were delayed until the last possible moment, it could save Vodafone and Orange around 500 million pounds ($750 million) in interest. One-2-One's legal application makes similar claims. The company even went as far as serving a writ on Stephen Byers, the British Secretary of State for Trade and Industry, late last week, seeking a judicial review of the payment timetable for its own 3G license. The carrier, which is seeking compensation, argues that the inequalities in the payment timetable are discriminatory and contrary to European law. "The situation is clearly unfair and would allow Vodafone Airtouch a distinct financial advantage." said Robin Saphra, One-2-One's public policy director. "We have tried hard to reach agreement with the Government over the discrepancy in payment terms between ourselves and Vodafone and Orange," he said, adding that the company is disappointed that it has had to make the decision to take legal steps, "in the interest of both our customers and our shareholders, to ensure a fair and level playing field among 3G license winners." One-2-One's Web site is at one2one.co.uk . Vodafone's Web site is at vodafone.co.uk . Reported by Newsbytes.com, newsbytes.com . 13:09 CST (20000515/Press Contact: One-2-One Press Office +44-956-700121; Vodafone Press Office +44-1635-33251 /WIRES TELECOM, BUSINESS, LEGAL/)

To: Ruffian who wrote (10190)	5/16/2000 2:26:00 PM
From: LBstocks	Respond to of 13582

Intel, Mitsubishi may announce mobile phone alliance By Bloomberg News May 16, 2000, 10:05 a.m. PT TOKYO--Intel and Japan's Mitsubishi Electric said they will announce a joint development project tomorrow in Tokyo in what could be a mobile phone alliance. John Antone, president of Intel Japan, and Michio Nakanishi, president of Mitsubishi Electric's communications systems division, will hold a press conference at 11 a.m. in Japan tomorrow, the companies said in a release. "Until now, the relationship between the two companies had remained within the bounds of ordinary business, with Intel supplying products to Mitsubishi," said Mitsubishi spokesman Toshio Masujima. "We haven't been involved in any joint projects before." Masujima declined to say what the project was about. On Feb. 28, shares in Mitsubishi Electric, a chipmaker and a maker of mobile phone handsets, rose as much as 9.7 percent after reports said that the two companies would form a mobile phone alliance. According to the reports, Intel will supply Mitsubishi with microprocessors for portable information terminals and with advanced chips for a cellular phone under development. Mitsubishi will provide Intel with technology to connect cell phones and base stations that will allow the company to hasten development of chips for advanced cellular phones. Following the reports, Intel said it will set up a research center for new mobile phone technologies with three Japanese companies--personal computer software developer Justsystem and computer network integrators Access and Cybird. PacketVideo, a U.S. multimedia company that develops software for mobile phones, also will participate. At the time, Intel executives declined to confirm any alliance with Mitsubishi. Mobile phones are rapidly becoming the preferred medium for accessing the Internet in Japan, as more people use them to check information on Web sites, send email, trade stocks, and make bank transfers online. Copyright 2000, Bloomberg L.P. All rights reserved yahoo.cnet.com