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.

Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Dennis Roth who wrote (61)	7/1/2000 5:07:59 PM
From: Dennis Roth	Respond to of 197154

Brazil to split cellular phone market among three companies andovernews.com Rio de Janeiro, (EFE via COMTEX) -- Brazil will split a new cellular telephone band among three companies, local media reported Thursday. The National Telecommunications Agency (ANATEL) regulating entity last week chose the GSM European system (Mobile Global System) for the new 1.8 GHz C-band. ANATEL advisor Antonio Carlos Valente da Silva said that three companies would operate the new frequency and that the terms of operation would be published in the next few weeks. "Each of the companies awarded tenders will be assigned 15 MHz for their mobile telephone band," Valenta da Silva told the local Gazeta Mercantil newspaper. This band width would enable each of the three companies to service five million cellular phones. Valente da Silva said that Brazil could be divided into 10 geographical areas for the various concessions. "If the companies were interested, they would be able to compete in more than one area," the advisor said, noting that the C-band would be "big business." In May 2000, Brazil had 17.8 million cellular phones as opposed to only 7.4 million in 1998. One of the companies interested in the new mobile phone licenses could be Intelig, whose president, Fernando Terni, is thinking of forming a partnership to participate in the tender. Intelig already has the concession to operate long distance telephone calls in the entire country. The Brazilian choice of the GSM system has attracted prospective investors and the Chinese company Huawei Communication, which makes connection and transmission equipment, announced it would invest 30 million dollars in a manufacturing plant in Brazil. EFE ei/dm/bp efe.es Copyright (c) 2000. Agencia EFE S.A.