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

To: straight life who wrote (8014)	3/2/2001 1:30:11 AM
From: straight life	Respond to of 196654

Japan 3G market to be worth $358 billion by 2010 By Reuters staff totaltele.com (ed- a trillion here, a trillion there; soon you're talking real money! [and buying chunks of all the worlds carriers]-Sen. Everitt Dirksen, paraphrased) 01 March 2001 The market for third-generation (3G) mobile phone services in Japan is expected to grow to 42 trillion yen ($357.9 billion) by 2010, six times the size in the year to March 2000, a government official said on Thursday. Tomoo Yamauchi, deputy director at the Ministry of Public Mangement, said sales in the mobile phone market totalled 6.7 trillion yen in the year to March 2000, accounting for about 40 percent of the Japan's whole telecom market. Japan will be the first country to offer 3G mobile phone services, which will allow users to download high speed Internet, data, video and CD-quality sound over handsets. The nation's leading operator NTT DoCoMo Inc is planning to launch the new gadgets in May. Yamauchi cautioned, however, that it will take a few years for the 3G market to fully mature as service areas will be limited at first. "I don't expect the market to grow at an explosive clip during 2001 or 2002," Yamauchi told a telecom conference in Tokyo. "It will be 2003 or 2004 when the market becomes fully developed." The number of cell phone users in Japan as of the end of January was 58.7 million, with market leader DoCoMo accounting for 34.6 million. Of the expected 42 trillion Y 3G market in 2010, 66 percent is expected to come from content and e-commerce services, Yamauchi said. The market for handsets is projected to be worth 4.8 trillion yen by 2010. Carriers' spending on 3G infrastructure and their running costs in 2010 are expected to be 8.6 trillion yen, he said. The ministry estimates that it would cost 500 billion to one trillion yen for a telecom carrier to establish a nationwide 3G network. © 1999 Reuters Limited. All rights reserved.