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To: Eric L who wrote (19222)	3/29/2002 10:35:35 AM
From: Eric L	Read Replies (2) \| Respond to of 34857

re: The Week's Laughter & Tears Excerpts from "A Week in Wireless #45" by "Mike at Mobile Communications" * FCC - NextWave/Verizon * Swisscom Mobile * Siemens and ... * China Unicom (Lucent, Motorola, Nortel Ericsson, and Huawei) The Laughter... >> The FCC finally bowed yesterday to the demands of US operators caught up in the on-going Nextwave spectrum saga after it accepted that some of the smaller operators involved would need a refund if they were to stay in business. 85% of their deposits are to be returned-that's $2.8bn in total, of which Verizon Wireless can expect $1.5bn. However, the regulator rejected Verizon's claims that the bidding process is now null and void, so the operators may have to pay that money back again when the issue is finally resolved, it is hoped by early 2003. Swisscom Mobile this week published a 2001 balance sheet that many indebted operators can only have dreamed about. Revenues grew 14.1% to $2.37bn and EBITDA 26.5% to $1.12bn, and with healthy cash reserves Swisscom looks in exceptionally robust shape. Siemens chalked up another UMTS supply contract on Tuesday, this time with Norwegian operator Tele2. And the people of Costa Rica and Alcatel were winners both, as the French vendor struck a $149m deal with incumbent operator Instituto Costarricense de Electricidad to bring GSM to the Central American country. << ... And The Tears China Unicom has acknowledged the difficulties of its CDMA project by halving its ambitions for second-phase network expansion. Capacity for just 10m new subscribers will now be added this year, which will bring total capacity up to over 25m. A long list of suppliers stand to lose out through the decision. They include the Chinese divisions of Lucent, Motorola, Nortel and Ericsson, and Huawei. << - Eric -