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Technology Stocks : QUALCOMM-The Wireless Wonder in 1999 -- Ignore unavailable to you. Want to Upgrade?

To: GO*QCOM who wrote (265)	5/22/2000 3:59:00 PM
From: GO*QCOM	Respond to of 343

Mexico City, May 22 (Bloomberg) -- Pegaso PCS, Mexico's third- largest cell phone company, expects to reach one million customers by the end of this year as the Mexican market continues to boom. The company, part-owned by Grupo Televisa SA and San Diego- based Leap Wireless, currently has more than 250,000 clients on its digital-only network out of an estimated 8 million users in the country, a number which could grow to 12 million by the end of this year, according to the government. ``We're sure we are going to go over one million users this year,'' said Roberta Lopez Negrete, the company's communications director. Pegaso expects sales to rise faster than a booming market as it now offers basic Internet access over its phones, giving clients e-mail as well as the ability to call up limited news and entertainment information over their cell phones, with a consequent increase in the number of minutes they are connected. This way Pegaso hopes to increase its market share at the expense of its rivals like Telcel, the cellular unit of Telefonos de Mexico and Bell Atlantic-controlled Grupo Iusacell SA that currently dominate the market. Iusacell already offers Internet access, although Telcel has yet to follow suit. Mexico is one of the fastest growing cell phone markets in the world, a growth rate that has caused lost connections as the systems have become saturated. The problem became so bad the government forced the companies to give users some free airtime in compensation. ``We had expected 70,000 users by the end of 1999 and we went over that in Mexico City alone,'' said Lopez Negrete. In December most Pegaso distributors in Mexico City ran out of telephones as demand was stronger than expected. Pegaso itself reduced its marketing efforts last month in a bid to slow its own growth. Not even investing $700 million over the last year enabled the company to keep up. Pegaso will invest another $100 million this year as it begins offering its service in up to 14 new cities. Currently it only works in Mexico City, Monterrey, Guadalajara and Tijuana, which means users can only make calls in these cities. May/22/2000 15:32 ET

To: GO*QCOM who wrote (265)	5/22/2000 4:01:00 PM
From: GO*QCOM	Read Replies (1) \| Respond to of 343

CDMA Development Group Continues Worldwide Expansion with Addition of Nine Industry Leading Members CDMA Technology Remains on the Fast Track COSTA MESA, Calif.--(BUSINESS WIRE)--May 22, 2000--Indicative of the continued adoption of CDMA technology worldwide, the CDMA Development Group (CDG) today announced that the organization continues to expand at a rapid pace with the addition of nine new member companies. Leading wireless operator Telecom New Zealand joins the organization as a CDG executive board member. Additional new members include Cadence Design Systems, Inc., Illinois Superconductor Corp., PrairieComm, Schlumberger, ScoreBoard, Inc., Sierra Wireless, Inc., SigmaOne Communications Corp., and SignalSoft Corp. ``The CDG is pleased to have numerous reputable new members, which will further strengthen our efforts in the deployment of worldwide wireless services,'' said Perry LaForge, executive director of the CDG. ``As we continue to evolve to next generation services, the camaraderie between the Group's member companies will significantly benefit the global wireless community as CDMA technology becomes the first to enable true 3G services.'' The CDG and its member companies have achieved numerous milestones with CDMA technology's presence on virtually every continent reaching more than 57 million mobile users worldwide. The addition of Cadence Design Systems, Inc., Illinois Supercondutor Corp., PrairieComm, ScoreBoard, Inc., Sierra Wireless, Inc., SigmaOne Communications Corp., and SignalSoft Corp. provides the CDG with a multitude of technology capabilities and resources, ranging from network and infrastructure solutions to mobile location services. New member company Schlumberger, a leading provider of smartcards, along with existing member smartcard manufacturer, Gemplus, complements the CDG's global roaming team, as the Telecommunications Industry Association (TIA) recently approved CDMA SIM standard for publication. The CDMA Development Group is a nonprofit trade association formed to foster the worldwide development, implementation and use of cdmaOne. The 100 member companies of the CDG include many of the world's largest wireless operators and equipment manufacturers. The primary activities of the CDG include development of cdmaOne features and services, public relations, education and seminars, regulatory affairs and international support. Currently, there are more than 500 individuals working within various CDG subcommittees on cdmaOne-related matters. For more information about the CDG, contact Christine Bock of the CDG News Bureau at 714/540-1030, ext. 11, e-mail chrisbock@bockpr.com, or visit the CDG Web site at cdg.org. -------------------------------------------------------------------------------- Contact: CDG News Bureau Valerie Christopherson/Christine Bock, 714/540-1030 vchristopherson@bockpr.com/chrisbock@bockpr.com