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


To: Getch who wrote (9181)3/28/2001 2:58:11 PM
From: Lance Bredvold  Read Replies (3) | Respond to of 196917
 
Vodafone article from the Wall Street Journal online clearly states that someone (I suppose investor relations) says the "local" news source got it wrong. Of course the leader to the article seems to suggest just the opposite from what is said in paragraph 2. Has anyone else noticed that the WSJ's idea of balanced reporting is often to report directly opposing positions - presumably from different sources?

I don't know which to believe, but at least this paragraph 2 statement seems to be the official position of the company.
>>
March 28, 2001

Vodafone Seeks Common Standard
With Verizon for Wireless Network

By Richard Inder
Dow Jones Newswires

LONDON -- Vodafone Group PLC said Wednesday that it is talking with Verizon Communications about setting a common transmission standard for the third-generation networks of their U.S. mobile-phone joint venture.

Vodafone, the world's largest wireless operator with about 80 million subscribers, denied a local news report that it is in a dispute with its partner in Verizon Wireless.

"Given that the type of users who are likely to roam in the U.S. are business users, we think there is a convincing argument to agree on a standard," a Vodafone spokesman said. "Verizon [officials] are examining the possibilities, but in no way have they committed themselves to one technology." .....



To: Getch who wrote (9181)3/28/2001 5:19:12 PM
From: Art Bechhoefer  Respond to of 196917
 
Getch, I don't know the answer to your question. But as I understand it, Spinco will simply sell the chips, and no royalties will be paid by anyone to anyone. That is, if a company like Nokia wants a chip that handles GSM, CDMAOne, and some version of 3G CDMA, they need only buy the chip from Spinco. Of course, if another company wants to produce chips using similar IPR, then they'll have to negotiate a license and royalty agreement. Some of the really hot features, like GPS, may remain with QUALCOMM and still generate royalties. But as I understand it, the basic meat and potato chips (no pun intended) will be made available by Spinco without royalties, and at whatever price the market will bear.

Art