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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 (20062)	3/8/2002 10:34:05 AM
From: Dennis Roth	Respond to of 196654

Telefonica not going to write down value of UMTS licenses afxpress.com MADRID (AFX) - Telefonica SA said it does not plan to write down the value of its UMTS licences. Speaking to reporters in Seville, chairman Cesar Alierta said: "No other operator has done it, so we're not going to do it either." He also said the group has no plans to bid for a French UMTS licence. tr/pb

To: Dennis Roth who wrote (20062)	3/15/2002 4:07:30 PM
From: Dennis Roth	Respond to of 196654

Telefonica Moviles will not bid for UMTS licences in France and revises its plans for Austria and Switzerland -- (Telefonica Moviles no pujara por el UMTS frances y revisa su plan en Austria y Suiza) library.northernlight.com Story Filed: Friday, March 15, 2002 3:16 PM EST Mar 9, 2002, (Expansion /FT Information via COMTEX) -- Telefonica Moviles, the mobile telephone subsidiary of Spanish telecommunications group Telefonica, will not participate in the bid for UMTS licences in France. Cesar Alierta, chairman of the parent group, stressed yesterday that the French market was a difficult one due to the strong presence of France's two market leaders. He also admitted that Telefonica interest in the bids for Austria's and Switzerland's UMTS licences had fallen. The company had recently announced that it had frozen its UMTS plans in Italy until at least 2003. Telefonica Moviles highlighted that it would still go ahead with UMTS plans in Germany, where it is planning to team up with German mobile telephone operator E-Plus. The Spanish company is already present on Germany's mobile telecommunications market through its membership of the 3G consortium. It was also revealed yesterday that the group would pay $884m for a 65 per cent stake in Pegaso, a Mexican telecommunications company. Abstracted from Expansion Copyright 2002: Financial Times Information. All rights reserved ==== They would rather buy cdmaOne carriers in Mexico than bid on UMTS licenses in Europe. Hmmm.