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

To: Sawtooth who wrote (94681)	2/27/2001 8:49:51 AM
From: The Reaper	Respond to of 152472

VVVVVVVV, <7:10pm 02/26/01 [NTT] JAPAN'S GOVT TO PUSH HIGH-SPEED WIRELESS NET ACCESS, BYPASSING NTT - NIKKEI - CBS MarketWatch.com > What's this all about? kirby

To: Sawtooth who wrote (94681)	2/27/2001 9:07:38 AM
From: The Reaper	Respond to of 152472

<Tuesday February 27 1:42 AM ET NTT DoCoMo Brushes Off 3G Wireless Doubts By Reed Stevenson TOKYO (Reuters) - NTT DoCoMo (news - web sites) Inc dismissed concerns on Tuesday that advanced high speed third generation, or 3G, wireless phone services were at risk of being delayed. ``The fact is, we will be the first to introduce 3G services this May,'' said Kouji Ohboshi, chairman at NTT DoCoMo, Japan's biggest company by market value and operator of the popular i-mode mobile Internet access service. DoCoMo is set to begin broadband mobile phone services capable of delivering video, CD-quality sound and fast Net access from late May using the W-CDMA (news - web sites) standard, which it developed and is promoting for use by its overseas partners. But Qualcomm Inc chief executive Irwin Jacobs said last week, in an interview with the Financial Times, that European mobile phone operators currently developing systems on the W-CDMA standard were unlikely to launch them until next year and not in volume until late 2004 or early 2005. San Diego-based Qualcomm is instead promoting the use of cdma2000, a competing standard which it says is better and will appear in Korea, Japan and the United States later this year. ``It's meaningless for both of us to debate which standard is better when we haven't even started the service,'' said Ohboshi, who was DoCoMo's first president when it emerged as an independent unit of Nippon Telegraph and Telephone Corp (NTT) in 1992. W-Cdma Vs Cdma2000 At issue are two competing 3G standards, W-CDMA and cdma2000, which are based on a technology called code division multiple access (CDMA), which send and receive information using multiple frequencies. Although they are conflicting and incompatible 3G standards, Qualcomm claims patents for both and theoretically would reap licensing revenues no matter which standard that service providers choose. Wireless operators around the world have invested billions of dollars in 3G licenses and equipment, but investors have lost confidence in whether the wireless firms can recoup those massive investments fast enough and deliver profits, resulting in more than $200 billion being wiped off their market value in the latter half of 2000. DoCoMo has been positioning itself to become a global 3G player, launching a 1.8 trillion yen ($15.5 billion) investment spree to tie up with other carriers such AT&T Wireless Group, in which it took a 16 percent stake worth $9.8 billion. DoCoMo, hoping to leverage its success with the hugely popular i-mode service, which has grown to nearly 20 million users in two years, is hoping an early advantage in the 3G arena will pay off. Docomo Eyes Improvements ``We won't know until it starts, but we made the decision to undertake this challenge (of launching 3G) as frontrunners, not a second runner,'' said Ohboshi. ``Let's put it out on the market first and see how users interact, and get their feedback.'' Jacobs, in the interview, however, implied that Qualcomm's cdma2000 was likely to gain the upper hand on a global playing field. Regarding Jacobs' skepticism over W-CDMA, Ohboshi said: ``I am mindful of Mr. Jacob's criticism and we will work harder to improve our technology.'' Many mobile phone operators are still undecided whether to invest further in buying telecommunications equipment on either the W-CDMA or cdma2000 standard. NTT DoCoMo shares were down 1.94 percent at 2.02 million yen at 2:45 p.m. or 0545 GMT, outpacing a decline in the overall market, where the Nikkei 225 index was off 0.84 percent. Qualcomm closed on Nasdaq on Monday at $63-1/16, failing to regain its levels above 66 before Jacobs' comments and an analyst's downgrade sent the stock tumbling more than 20 percent.> The game is in full swing. kirby