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

To: Dennis Roth who wrote (240)	7/5/2000 10:03:21 AM
From: Dennis Roth	Respond to of 197444

Motorola Signs $48 Million Contracts To Expand Telesp Celular Network in Sao Paulo biz.yahoo.com ARLINGTON HEIGHTS, Ill.--(BUSINESS WIRE)--July 5, 2000--Motorola do Brasil Ltda. (NYSE:MOT - news) and Telesp Celular have signed two new contracts totaling $48 million for the expansion of the cellular telephone network in the state of Sao Paulo. One contract includes the supply of more than 160 Radio Base Transponders to extend coverage to over 370,000 subscribers in the cities of Campinas, Piracicaba, Sao Jose do Rio Preto, Araraquara, Aracatuba, Sao Jose dos Campos, Taubate and Caraguatatuba. The second contract is for the supply of seven interworking units (IWUs), to meet Internet usage demand from the cities of Campinas and Sao Jose dos Campos. The installation of this equipment will permit Telesp Celular subscribers to access the Internet and other data access services. This represents the first step toward the implementation of future third generation (3G) services. ``These contracts not only represent new business being generated for Motorola and the prospect of further growth for the company in Brazil, but also an investment in the growth of the cellular telephony market in the state of Sao Paulo, as well as the strengthening of the partnership between Motorola and Telesp Celular'' said Jose Figueroa, Vice President and General Manager of Motorola, Inc.'s Network Solutions Sector's Latin America and Caribbean Region. ``Motorola's Code Division Multiple Access (CDMA) digital technology has significantly supported the improvement of the services provided by Telesp Celular,'' said Gilson Rondinelli, Telesp Celular Vice President of Business and Networking. Motorola in Brazil Motorola has 3,000 employees in Brazil, and since 1995, has invested more than $210 million, mostly in the installation of an industrial technological campus in Jaguariuna, in the state of Sao Paulo and in the expansion of productive capacity. With cellular telephone, pager, fixed wireless terminals, two-way radios, iDEN (TM) equipment and cellular infrastructure (radio base stations) factories, the campus also has a Semiconductor Technology Center and a branch of the Motorola University, which is directed at training employees, clients and suppliers. The company also enjoys a strong presence in the country in the sales of semiconductors, two-way radios, networking, Internet and multimedia equipment, as well as developing many other solutions for the corporate and personal communications markets. About Motorola Motorola, Inc. (NYSE:MOT - news) is a global leader in providing integrated communications solutions and embedded electronic solutions. Sales in 1999 were $33.1 billion. Motorola is a registered trademark and iDEN is a trademark of Motorola, Inc. All other brands or corporate names are trademarks of their respective owners. Contact: Communications and Public Affairs Brazil Renato Gasparetto Jr., (55) 11 3030-5400 Renato.Gasparetto@Motorola.com or Motorola Public Relations Roderick Kelly, 847/632-6730 Rkelly1@email.mot.com