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

To: slacker711 who wrote (27411)	10/3/2002 9:59:41 AM
From: slacker711	Read Replies (1) \| Respond to of 196634

If 2.6 million is the final number, this would actually be a little slower growth than previous months. A slowdown would be a bit of a surprise since KDDI released some new models on September 20th. bloomberg.com KDDI's High-Speed Phone Users Topped 2.6 Mln (Update1) By Miki Anzai Tokyo, Oct. 3 (Bloomberg) -- KDDI Corp., Japan's second- largest phone company, attracted 2.6 million subscribers to its high-speed wireless Internet service as of the end of September, company President Tadashi Onodera said. Tokyo-based KDDI added more than 457,000 users last month to its CDMA20001X service, which debuted in April. KDDI has had more success in attracting customers to its high-speed mobile phone service than rival NTT DoCoMo Inc., which attracted just 134,000 subscribers to its competing service. KDDI changed strategy after its high-speed service introduced in 1999 failed to attract enough customers, Onodera said at a consumer-electronics show in Chiba Prefecture, east of Tokyo. ``We didn't emphasize the term 3G when we introduced the 1X service,'' Onodera said, indicating subscribers were attracted by the service's wide network coverage, lightweight handsets and low cost. ``We learned what customers really want.'' KDDI plans to upgrade existing base stations for its 1X service to handle an even faster version, called CDMA enhanced version data-only, later next year. KDDI's shares fell 9,000 yen, or 2.4 percent, to 364,000 yen in Tokyo today. Onodera spoke after markets closed in Japan. The company's stock has risen 49 percent this year, making it the best performer on the Topix Communication Index, which tracks the performance of Japan's six largest telecommunications shares.