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

To: Art Bechhoefer who wrote (3625)	10/11/2000 9:51:52 AM
From: Jeff Vayda	Respond to of 196981

Supreme No Doesn't Stop NextWave They just keep trying. (Thanks to Phillips Telecon) Jeff Vayda NextWave Telecom just won't take no for an answer. The company that filed for bankruptcy protection while attempting to launch wireless service said it will submit another appeal to the Supreme Court after the high court today refused to consider to regain spectrum licenses from the FCC. FCC Chairman William Kennard said the Supreme Court's action keeps the commission on schedule for a Dec. 12 auction of wireless spectrum licenses originally acquired by NextWave. "This is another chapter closed,'' Kennard said. NextWave doesn't agree. The Hawthorne, N.Y.-based company has another appeal awaiting action by the Supreme Court, said NextWave spokesman Michael Wack. The FCC, Wack added, shouldn't sell NextWave's licenses until the case is resolved. NextWave bid $4.7 billion for 63 C- and F-block licenses in 1996, but the company filed for bankruptcy protection in 1998. In the appeal turned away today by the Supreme Court, NextWave argued a federal bankruptcy court has authority to let it keep the licenses at a lower cost than it originally bid for them. After the FCC refused to lower the amount NextWave would have to pay for the licenses, a bankruptcy judge ruled the company could keep the licenses at a cost of $1 billion. The 2nd U.S. Circuit Court of Appeals last December, however, reversed the bankruptcy court's order. In the meantime, NextWave filed papers in bankruptcy court indicating it had raised enough money to pay for the licenses in full and emerge from bankruptcy. But the FCC said in January the licenses automatically returned to the commission for re-auction when NextWave failed to meet its payments. Malcolm Spicer

To: Art Bechhoefer who wrote (3625)	10/11/2000 9:52:08 AM
From: mightylakers	Respond to of 196981

So in my view the key factor in adopting WCDMA is the delay in implementing it As stated in my post, there will be no delay as far as CDMA2000 concerned. It would be a market driven thing, nor a lip service, i.e. they will use WCDMA if the tech is matured and the demand is there. That my spin part is a bit just for fun:-)

To: Art Bechhoefer who wrote (3625)	10/11/2000 10:15:07 AM
From: foundation	Read Replies (2) \| Respond to of 196981

"..It's a question of planned obsolesence, where those who are committed to GSM will milk the very last penny out of that standard before they are forced into 3G.." ---------- True enough concerning Suppliers' and Vendors' preferences. But Operators live in a very different world of high (astronomic) spectrum costs and a need to roll out value added services. The Operators want flexibility and options. The UMTS Operators Harmonization Plan exists, and will be implemented (perhaps sooner than some parties would prefer). Important to note that European cell phone sales look lethargic at best - despite all the GPRS and EDGE public relations and press. For the Operators, and their Bankers, and their Banker's Regulators, and in light of perceived excessive telecom loans outstanding, less loans available, and sensitivity to perceived risk, the GPRS-EDGE-wCDMA evolutionary path will not fly. GSM Vendors' and Suppliers' premeditated plan to delay wCDMA (or variant) will fail. Operators simply cant afford such an inefficient use of capital. IMO, the self-inflicted pain of slowing European telecom activity will force Vendors and Suppliers to abandon their delaying tactics and fully cooperate with Operators in rolling out 3G services far sooner than presently scheduled. ben