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 : China Unicom (CHU) -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (60)	10/11/2000 3:17:34 PM
From: ms.smartest.person	Read Replies (1) \| Respond to of 80

<IMO good for CHU, LU> - Beijing Says It Is Close to Developing Network Using Qualcomm Technology By JASON DEAN and MATT FORNEY Staff Reporters of THE WALL STREET JOURNAL BEIJING -- Chinese leaders have told Qualcomm Corp.'s chief that the country is close to developing a mobile-phone network using Qualcomm's technology. Qualcomm's CEO, Irwin Jacobs, met with Chinese Premier Zhu Rongji and Minister of Information Industry Wu Jichuan on Friday. He also met with top executives of China United Telecommunications Corp., or Unicom, the country's No. 2 telecommunications carrier, which has long promised to build a network using Qualcomm's product. At those meetings, Mr. Jacobs was told that Unicom is "very close" to developing a mobile-phone network using technology the San Diego wireless-communications company pioneered called CDMA, or code division multiple access. "I think that Unicom will build a network for five to 10 million subscribers within a year of starting the project," said someone involved in the meetings. When the project might begin has not been decided. Separately, South Korea, with one of the highest mobile-phone user rates in the world, will require that two different technologies be adopted for third-generation mobile phone users, the Reuters news service reported. Three carriers bidding for wireless licenses prefer the W-CDMA platform being developed by Nokia Corp. and Telefon AB L.M. Ericsson. Makers of telecom equipment, including Samsung Electronics Co., have lobbied energetically for the Qualcomm version. In February, Unicom promised to build a network capable of sustaining 10 million subscribers by year end, which is now impossible. In June, the company's chairman, Yang Xianzu, said Unicom would wait until next year to build an "experimental" CDMA network using next-generation technology. Now it appears that Unicom will build a network sooner, using current-generation technology. "The premier and all the ministers have been very positive," said the person involved in the meetings. Unicom's decision earlier this year to shelve CDMA sent Qualcomm's stock into a nose dive. Investors worried that it would hurt the company's prospects in China's fast-growing wireless market, the world's second-largest, where almost all of the current 65 million mobile subscribers use a competing standard popular in Europe called GSM, or global system for mobile communications. Word of China's renewed interest in CDMA has boosted Qualcomm's stock price. A CDMA network would benefit U.S. vendors of telecommunications equipment, especially Lucent Technologies Inc. Lucent bet big on CDMA and provides almost no equipment for GSM networks. It has watched competitors gather huge contracts in China. <subscription required> interactive.wsj.com For information about subscribing, go to wsj.com

To: stomper who wrote (60)	10/18/2000 10:42:38 AM
From: ms.smartest.person	Respond to of 80

China Unicom (0762-HK) sister firm gets fixed-line licence 210.176.154.39 16:19 18-OCT-2000 China Unicom's parent company, China Unicom (BVI) Limited said that its subsidiary, China Unicom International Ltd has been granted the Cable-based External FTNS licence by The Office of the Telecommunications Authority (OFTA). China Unicom International Ltd and OFTA signed a letter of intent in February to set up a fibre-optic network across China and Hong Kong. The installation has since been completed. It will commence telecom services tomorrow. (End)

To: stomper who wrote (60)	10/22/2000 3:30:52 AM
From: ms.smartest.person	Respond to of 80

dave, Here's a Barrons' article mentioning CHU - Merry International Trader - Asia - On Conference Circuit, the Weather Inside Is Frightful Message 14634786