To: Uncle Frank who wrote (96153 ) 3/26/2001 1:56:43 PM From: S100 Respond to of 152472 Good point but could the LU gear support WCDMA(UMTS) with little change? Just channel cards and some radio changes? Main point of article was a heads up that QCOM is moving into a new area. -- back ground info -- Verizon Communications, formed by the merger of Bell Atlantic and GTE, is one of the world's leading providers of communications services. Verizon companies are the largest providers of wireline and wireless communications in the United States, with 95 million access lines and 25 million wireless customers. Verizon's global presence extends to 40 countries in the Americas, Europe, Asia and the Pacific. Verizon is managed around four operating segments: Domestic Telecom, which provides domestic wireline communications services; Domestic Wireless, which provides domestic wireless communications services; International, which includes the Company's foreign wireline and wireless communications investments; and Information Services, which is responsible for the Company's domestic and international publishing businesses and electronic commerce services Market cap 125B Insider ownership 1 percent Vodafone Group Plc is a wireless telecommunications company with worldwide operations through its subsidiary, joint venture and associated undertakings. Vodafone also has interests in wireless telecommunications businesses in the Middle East and Africa. The Company provides a full range of wireless telecommunications services, including cellular, personal communications services, paging and data communications. Vodafone has interests in 25 countries across five continents. Based on venture customers at March 31, 2000, Vodafone had more than 39.1 million customers, excluding paging customers, and served markets covering a total population of around 411.8 million people worldwide. Vodafone's operations are divided into the geographic areas of Europe, Middle East and Africa; the United Kingdom, and the United States and Asia Pacific. Vodafone also owns 45% of Verizon Wireless, a wireless operator formed by the combination of the U.S. cellular operations of Vodafone, Bell Atlantic and GTE. Market Cap 164B Insider ownership 43 percent. ------ European Telecom Firms to Lose Billions on UMTS 3/26/2001 HANOVER: European telecommunications firms stand to lose billions from their investment in the high-speed UMTS mobile phone standard, German news weekly Der Spiegel reported in an article to appear today. Spiegel cited risk calculations on the market for the new- generation phones by US consulting group McKinsey, conducted for several European firms. The calculations suggested that the introduction of the UMTS (Universal Mobile Telecommunications System) standard would lead to the losses of 270 billion euros (US$243 billion) across Europe. Among German companies, McKinsey found that T-Mobil and D2 Vodafone stood the best chance of seeing a return on their investment. E-Plus, Viag Interkom and Mobilcom were viewed "critically" or "very critically," while the Finnish-Spanish alliance of Sonera and Telefonica was viewed as "completely hopeless," Spiegel said. UMTS, scheduled for mass release in Europe in 2003, is the so- called third generation mobile phone standard. It promises to transform mobile phones into multi-function multimedia devices thanks to an exponential rise in network speeds. Mobile downloads of video and music gleaned from the Internet at real-time are some of the most prominent services expected. European companies have invested hundreds of billions of dollars in UMTS licences, which come in addition to hefty sums they will need for developing infrastructure and services. The McKinsey report said those investments would not be paid off until 2017. T-Mobil, Deutsche Telekom's mobile communications unit, dismissed the report's forecast as unrealistic. "The calculations are based on wild assumptions," a T-Mobil spokesman at Germany's giant Cebit computer and telecommunications fair said. "It plays on people's fears." Mobile Internet access and the future of UMTS are the hot topics at this year's Cebit, and companies have been trying to drum up excitement for the technology with a parade of new prototypes. The event is one of the world's largest expositions of its kind with more than 8,000 companies represented from 60 countries. It runs in the northern city of Hanover through March 28.mformobile.com