SI
SI
discoversearch

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 Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (87615)11/17/2000 12:30:26 AM
From: Getch  Read Replies (1) | Respond to of 152472
 
Uncle Frank, you are the master of long term buy and hold.

I live in a house that cost $34,000 when it was built in 1970, and current comparables are at 3/4 of a mil.

Recently announced to whom? How come we have not heard of this before? Very big.

Nortel Networks recently announced awards with an estimated aggregate value of US$525 million for new wireless networks serving up to 17 million subscribers and paving the way for Wireless Internet and data services in Greater China. The company has won wireless network contracts in 17 of 31 provinces in China.

Even Bigger,

Hyundai passed the field trial test on its CDMA WLL system and handsets in Calcutta this past September and intends to implement them in remote areas of India by early
2001. Since the WLL system is both cost effective and easily deployed, the Indian government hopes to establish 200 million lines of WLL service by 2001 with an additional 300 million lines by 2002, thus creating a telecommunications infrastructure in otherwise remote regions.

To meet the Indian government's ambitious plan, HEI yill supply more than 150 million lines of CDMA WLL equipment by 2002. As the primary supplier of WLL equipment
in India, Hyundai will also be set to enter the region's next generation IMT-2000 market. HEI is poised to enter the Brazilian and Chinese WLL markets as well, both
recently having demonstrated similarly rapid growth.


This is one company in one country talking about doubling up the current worldwide CDMA subscriber base in less than two years. Any verification out there?