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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: MikeM54321 who wrote (9529)	12/6/2000 10:16:18 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 12823

Mike, TTBOMK, China Unicom's share of the mobile market is about 7% of the PRC. Similarly situated to the CLECs here. China Unicom / Market Cap $21 billion \|China Mobile / Market Cap $86 billion Which is it: Unicom is overvalued or Mobile is undervalued? Best, Ray

To: MikeM54321 who wrote (9529)	12/7/2000 8:26:24 AM
From: MikeM54321	Respond to of 12823

Thread- This is a very small deal for ATT. I only thought it was significant since it claims to be the first JV in China. Could just be posturing by China as they are soon to be WTO member. From a larger perspective one wonders how long China can remain a closed system when it's clear that foreign investment is the key to upgrading their telecommunications network quickly. On the flipside it's got to be near impossible to voluntarily give up a monopoly when you don't have too. -MikeM(From Florida) _______________________ Shanghai Telecom, AT&T, Shanghai Information Investment form JV for broadband IP Shanghai Telecom, New York-based AT&T Corp. and Shanghai Information Investment Inc. today signed definitive agreements forming a joint-venture company called Shanghai Symphony Telecommunications Co. Ltd. to provide broadband IP value-added services to business customers starting in the Pudong New Area, Shanghai, the companies announced. The new company is the first joint venture in China's telecom-service industry, the companies said. Shanghai Telecom will own 60 percent of the new company, AT&T will own 25 percent and Shanghai Information Investment will own 15 percent. Shanghai Symphony Telecom will lease dark fiber from Shanghai Telecom, implement fiber-optic rings with high-speed routers and switches and provide access fiber directly to customer buildings. The venture is expected to launch services in mid-2001.