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

To: GO*QCOM who wrote (316)	6/9/2000 12:29:00 PM
From: GO*QCOM	Respond to of 343

Qualcomm says fcc grants $125 mln voucher SAN DIEGO, June 9 (Reuters) - Digital wireless company Qualcomm Inc. (NasdaqNM:QCOM - news) on Friday said the Federal Communications Commission (FCC) gave it a $125 million voucher to buy one or more spectrum licenses over three years in bandwidth auctions. A spectrum license is government license provided to telecommunications companies to operate specific bandwidth segments, and is bid on by telecom companies in spectrum auctions. The FCC award is in response to a July 1999 U.S. Court of Appeals decision in which the FCC was ordered to designate Qualcomm a ``pioneer'' under the Commission's Pioneer's Preference programme and give the company a grant for a bandwidth spectrum. Qualcomm's Code Division Multiple Access (CDMA) digital wireless technology, which uses standard 1x (1.25 MhZ) bandwidth, is used by nearly 60 million subscribers and QUALCOMM and is licensed to more than 75 telecommunications equipment manufacturers worldwide. The company is developing a wider bandwidth (5 MhZ) which will be introduced in the next year or two. Shares of Qualcomm closed at 77-7/16 Thursday on the Nasdaq exchange.

To: GO*QCOM who wrote (316)	6/9/2000 12:32:00 PM
From: GO*QCOM	Respond to of 343

From Bloomberg.com 6.9.2000 CDMA Development's Yen on China Unicom's CDMA Plans: Comment By Linus Chua Singapore, June 9 (Bloomberg) -- The following is a comment by Terry Yen, director of Asia Pacific projects at the CDMA Development Group in the U.S., a trade group representing the CDMA industry. CDMA stands for code-division multiple-access technology, the fastest-growing mobile phone technology in the U.S. Yen was responding to questions on reports that China United Telecommunications Corp.'s plans to delay building its CDMA network for two years. China United Telecommunications, commonly know as China Unicom, is the country's No. 2 phone company. CDMA was developed by Qualcomm Inc., which makes semiconductors based on its technology and gets royalties on licenses. ``Some of the reports have been second, third hand. We like to go directly to go to the source and they've assured us that their CDMA plans are still on track. I can say that Unicom has informed us that their position on CDMA hasn't changed over the past few months. The signals they've given us is they're still planning to deploy CDMA in spite of what the media reports say.''

To: GO*QCOM who wrote (316)	6/9/2000 12:34:00 PM
From: GO*QCOM	Read Replies (1) \| Respond to of 343

SAN DIEGO--(BUSINESS WIRE)--June 9, 2000--QUALCOMM Incorporated (Nasdaq:QCOM - news), pioneer and world leader in the development and deployment of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has been awarded a $125 million ``Auction Discount Voucher'' (ADV) by the Federal Communications Commission (FCC). According to the Commission, QUALCOMM may use the ADV in any FCC spectrum auction, for one or more licenses over a period of up to three years. Fully transferable, the ADV may be used in whole or in part by any entity in any auction, including those in which QUALCOMM is not a participant. ``QUALCOMM is very pleased to be recognized in this way for its pioneering innovation and leadership in the development and deployment of CDMA digital wireless technology,'' stated Dr. Irwin Mark Jacobs, chairman and CEO of QUALCOMM. ``CDMA is now being adopted worldwide for third-generation voice and wireless Internet access. Our latest evolution uses standard 1x (1.25 MHz) bandwidth to provide the highest efficiency and greatest Internet data rates entering commercial service this year and next, with a wider bandwidth (5 MHz) being introduced perhaps a year or two later, which may evolve to provide competitive performance.'' The FCC award is in response to a July 1999 U.S. Court of Appeals decision in which the FCC was ordered to designate QUALCOMM a ``pioneer'' under the Commission's Pioneer's Preference program, and grant QUALCOMM spectrum forthwith. Under the Pioneer's Preference program, the FCC awarded grants of spectrum to technology innovators to promote the rapid development and deployment of new services to consumers. In 1992, QUALCOMM was denied a pioneer designation for its development of CDMA technology, and challenged the decision in the U.S. Court of Appeals until it finally prevailed in 1999. To date, the other technologies recognized as ``pioneering'' by the FCC in 1992 have seen only limited deployment. On the other hand, QUALCOMM's technology is used by nearly 60 million subscribers and QUALCOMM has licensed its essential CDMA patent portfolio to more than 75 telecommunications equipment manufacturers worldwide. Two preliminary auctions, one in the 700 MHz band and one for licenses reclaimed from former C-block license holders, have been scheduled by the FCC over the next several months. QUALCOMM is currently exploring opportunities to participate in these auctions, on its own or through a partnership or consortium with other parties.