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

To: golfinvestor who wrote (18028)	1/10/2002 10:40:55 PM
From: foundation	Read Replies (1) \| Respond to of 197214

Qualcomm Licenses Walkie-Talkie Software to Nextel (Update1) By Scott Lanman San Diego, Jan. 10 (Bloomberg) -- Qualcomm Inc. licensed software to Nextel Communications Inc. that will allow its clients to speak walkie-talkie style with designated groups of non-U.S. users of wireless phones based on Qualcomm's chips. Financial terms weren't disclosed. Under the multimillion dollar, multiyear agreement, the two companies will share revenue from selling the service, said Jeremy James, a senior marketing director at Qualcomm, the developer of code division multiple access, or CDMA, wireless technology. Motorola Inc., which supplies equipment and phones to Nextel, will be one of the makers of the new CDMA products that incorporate the Qualcomm software. Customers will see the fruits of the transaction in the first half of 2004, after Nextel reaches roaming agreements with non-U.S. companies that operate CDMA wireless networks, James said. Reston, Virginia-based Nextel is getting a license for QChat, a two-way radio service that Qualcomm developed and is not yet in use commercially. Nextel's current Direct Connect service is based on a Motorola technology called iDEN, which Nextel has used to carve a niche among businesses. The walkie-talkie feature lets groups of employees, such as construction workers or salespeople, speak to each other by pressing one button. Phones based on Qualcomm's CDMA standard are used by 103 million people worldwide, while Nextel has 8 million users, all in the U.S. Shares of San Diego-based Qualcomm today rose 48 cents to $46.69. Nextel rose 19 cents to $10.19, while Schaumburg, Illinois- based Motorola fell 36 cents to $14.10. Nextel will have exclusive rights for QChat over CDMA networks in North America, meaning that rivals such as Sprint Corp.'s PCS division and Verizon Wireless Inc. won't be able to offer the QChat walkie-talkie service, said Rob Chandhok, senior director of product development for Qualcomm's Internet Services unit. Sprint Chief Executive William Esrey said today that Sprint PCS will sell its own walkie-talkie service by year-end. He didn't say who would provide the software or equipment for the service. post.clubs.yahoo.com ========== With NextWave no longer in play, where might VZ look for spectrum, through consolidation? How might VZ, concurrently, obtain rights to QChat in North America... perhaps extending to VOD Europe with 3G? What type of service will PCS be able to provide without stepping on Q/MOT/NXTL proprietary toes?