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

To: foundation who wrote (11342)	6/5/2001 11:40:43 PM
From: slacker711	Read Replies (3) \| Respond to of 196720

SK Telecom said the combined subscriber base of the group had fallen to 13.76 million people at the end of May, representing 50.7% of the domestic mobile market, Reuters reported. To meet its target, SK stopped accepting any new mobile subscriptions from April. The company's competitors have reaped the benefits of SK's temporary halt in customer acquisition. KT Freetel, a mobile subsidiary of state-run operator Korea Telecom, has raised its market share to 34% with 9.26 million subscribers at the end of May, Reuters reported, while LG Telecom, South Korea's smallest mobile firm, accounted for the remaining 15.3% share with 27.2 million customers. This looks like absolutely great news.....this is likely the best month for new subs in over a year. Korea ended last month with 26.69m subs. This would mean a net gain of around 500,000 subs. mic.go.kr Hopefully the numbers out of Japan are as good.... Slacker

To: foundation who wrote (11342)	6/6/2001 1:08:29 PM
From: Jeff Vayda	Read Replies (1) \| Respond to of 196720

BG: So SK gets below 50% market share by the government mandated June 30. Then what? Seems like a weak plan for the government to on the one hand; to say that over 50% is unfair to the other carriers (imposed on SK as a condition of a buyout of a smaller rival) and then on the other hand; say that poof! once below 50%, controls are no longer needed. I have not seen the June 30 date as an attempt to give the other carriers some breathing room while they also went under some consolidation. I hope that's the case, I just have not seen anything that gives that spin to the affair. If the govt thinks one provider should not have over 50% of the market, I dont see any upside for a while. Gotta love those 'managed' economies. Jeff Vayda