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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Scott Zion who wrote (88567)12/1/2000 1:50:22 PM
From: Scott Zion  Read Replies (1) | Respond to of 152472
 
No wonder QCOM has such a difficult time in Europe. When you consider the bias of the EU Commissioner for Enterprise and the Information Society.

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AT&T, DoCoMo Deal May Be Biggest in Years

HELSINKI (Reuters) - Japanese NTT DoCoMo (news - web sites)'s (9437.T) purchase of a minority stake in AT&T Wireless (NYSE:AWE - news) may be one of the most important telecommunications moves made in years, European Union (news - web sites) Commissioner Erkki Liikanen said on Friday.

``This may turn out to be one of the most important decisions taken in years,'' Liikanen, the EU's Commissioner for Enterprise and the Information Society, told Reuters on the sidelines of a software entrepreneurs' seminar.

``We all know that as long as there is not one global (mobile) standard, there is not really global growth,'' he said.

NTT DoCoMo Inc. said on Thursday it would buy 16 percent of AT&T Wireless Group Inc. for $9.8 billion. It was the second big foreign investment in U.S. teleoperators in four months after Deutsche Telekom's (DTEGn.DE) July bid for all of VoiceStream.

Through the deal AT&T Wireless, the unit of number one U.S. long-distance phone company AT&T Corp. (NYSE:T - news), will get access to NTT's mobile Internet ``i-mode'' technology, which has allowed 14 million Japanese to surf the Web on their mobile phones.

The agreement will also see AT&T build a General Packet Radio Services (GPRS) network, which allows for fast, permanent Internet connections, alongside its current Time Division Multiple Access (TDMA) network.

GPRS, which has been introduced in selected European areas but is seen taking off in 2001 when handsets and services become widely available, builds on the world-leading GSM (Global System for Mobile Communications) mobile standard, while TDMA, popular in the United States and Canada, uses a different technology.

It is this mix of technologies in North and South America that is cited as a key reason why Asia and Europe -- which both primarily use GSM -- have a head-start in mobile Internet technology and services.

AT&T said it also plans to upgrade its GPRS network to EDGE (Enhanced Data Rates for GSM Evolution), which provides even faster data transfer rates and is also based on GSM, before moving on to a nationwide third-generation mobile network.

``When you see how clear the strategy is -- the decision to use GSM, GPRS, EDGE and 3G -- this is a very convincing case,'' Liikanen said, noting that if Deutsche Telekom gets VoiceStream, it could mean nationwide U.S. GSM coverage for the first time.

``There will be more competition for the Europeans, but it also means more opportunities for the whole sector,'' he said.