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

To: Keith Feral who wrote (5043)	11/29/2000 11:05:58 AM
From: slacker711	Read Replies (1) \| Respond to of 197011

I think we have a target date for a settlement with both MOT and Nokia on W-CDMA....August of next year. biz.yahoo.com Tuesday November 28, 5:09 am Eastern Time Nokia, Ericsson, Motorola get Telefonica UMTS work MADRID, Nov 28 (Reuters) - The mobile arm of Spanish telecoms group Telefonica said on Tuesday it had awarded the first phase of construction contracts for its next generation UMTS mobile network to Nokia , Ericsson and Motorola Inc. (NYSE:MOT - news) . Telefonica Moviles -- which is seeking to build a mobile empire across Europe and has just floated on the bourse -- said it would spend about 20 billion pesetas ($103 million) to build the network in Spain's 16 biggest cities. The three telecoms equipment companies are due to install 750 base stations in cities with more than 250,000 inhabitants by August next year. In a mandatory filing to Spain's security regulators, Telefonica Moviles said it planned to spend about 5.3 billion euros ($4.5 billion) to install and maintain its UMTS (Universal Mobile Telecommunications System) network in Spain.