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


To: Dennis Roth who wrote (18895)2/8/2002 8:49:26 AM
From: Dennis Roth  Read Replies (1) | Respond to of 197028
 
Gates Says 3G Makes Opportunities
story.news.yahoo.com
Thu Feb 7, 3:34 PM ET

STOCKHOLM, Sweden - Microsoft Corp. Chairman Bill Gates expressed confidence on Thursday that advances in mobile technology will create "huge opportunities" for the software industry and said his company was ready to take advantage of them.

Gates, who was in Stockholm to accept an honorary doctorate from Sweden's Royal
Institute of Technology, said he was optimistic that so-called third-generation mobile
networks would be successful.

"There are some financial challenges for the people making the big investments, but
I have no doubt that 3G will be pervasive and a very positive thing for personal
computing," he told reporters after the 30-minute award ceremony.

Telecommunications companies have invested heavily in developing new
technology that lets handsets connect to the Internet and download video and
e-mails, but introduction of the services has been slower than expected.

The institute presented the honor to Gates for his leadership in information
technology.

The 46-year-old said it was his third such doctorate and noted it was a "particular honor" since he never received a regular university degree, dropping out of Harvard to create what has become the world's largest software maker.