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


To: gdichaz who wrote (12414)7/3/2001 6:45:27 PM
From: Maurice Winn  Respond to of 196649
 
<The Koreans may moan and groan, and probably will, but they will also be riding the CDMA voice/data tornado worldwide with strong profits for themselves and an early entrant advantage, so I suggest you not lose too much sleep tonight over their words.>

The Koreans got a 'sold in Korea' special deal too and in litigation it was decided that deal also extended to PCS phones as well as the cellular phones [contrary to QUALCOMM's understandiing], so Q! had to pay a bunch of money to make up for payments they held.

Koreans just have to whine by the look of it.

Another good thing about the Nokia deal is that Q! got a lot out of Nokia, but can still give 'the industry standard rate' to little newcomers who don't have Nokia's deep pockets and market power. A subtle aspect of beauty in the negotiations!! A price rise without a price rise, so the silly rule 'all comers in 3G standards pay the same price' is not breached. Another licensee can show up tomorrow and get the old price.

Mqurice

PS: NextWave did a lot of work on basestation sites. I expect they can produce a working system in several months. Certainly good enough to meet the rollout schedules.