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To: Cooters who wrote (82554)10/6/2000 2:23:44 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Verizon Wireless customers grew 14.6 pct year-over-year

NEW YORK, Oct 6 (Reuters) - No. 1 U.S. mobile phone operator Verizon Wireless, a
venture of Verizon Communications
(NYSE:VZ - news) and Vodafone Group Plc (quote from Yahoo! UK & Ireland:
VOD.L) (NYSE:VOD - news), saw its customer
base grow 14.6 percent in the third quarter over the same period last year, Verizon
Communications said in a release.

Verizon Wireless added 806,000 new customers during the quarter, 34.9 percent more
net additions than in the third quarter of
1999, the company reported in a release.

Total churn, or customer turnover, was 2.5 percent in the quarter, including pre-paid
customers, unchanged from the third quarter of 1999, the release said.

Verizon Communications owns 55 percent of the wireless group, with Vodafone owning
the remaining 45 percent. Verizon was formed by the merger of Bell
Atlantic and GTE earlier this year.

Shares of Verizon fell $1-5/8, or 3.1 percent, to $50-1/4 in afternoon trade on the New
York Stock Exchange. Shares of Vodafone fell $2-1/4, or about 6 percent,
to $35-11/16, also on the NYSE.

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To: Cooters who wrote (82554)10/7/2000 10:15:13 PM
From: Ruffian  Respond to of 152472
 
Communication equipment exports record $4.19
billion

Wireless communication equipment exports reached $4.19 billion through the
end of August, a whopping 76.5 percent jump over the same period last year.

Export of CDMA (code division multiple access) handsets recorded $1.89
billion while CDMA systems shipment abroad reached $114 million, according to
figures released by the Ministry of Information and Communication yesterday.

Handsets and systems combined, Korean firms' CDMA exports to the United
States totaled $1.37 billion. Exports to Central and South America trailed far
behind at $320 million while shipments to China stood at $75 million.

Australia was the top destination for Korean CDMA systems, totaling $58
million, followed by China which imported $46 million worth. Exports to the United
States totaled $1 million during the first eight months of the year.

The figures also showed a huge increase in GSM (global system for mobile
communications) handsets, recording $2.18 billion, up 96.5 percent from the same
period last year.

The ministry projected that CDMA and GSM exports would total $4.38 billion
and $4.17 billion, respectively, through the end of the year, as wireless
communication equipment exports continue to grow with the rapid spread of
wireless communication globally. (KHR)

Updated: 10/06/2000