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

To: quartersawyer who wrote (30309)	1/11/2003 12:36:29 PM
From: waitwatchwander	Respond to of 196603

Netcom expands wireless service in NE China hindustantimes.com Press Trust of India Beijing, Jan 11 (Bloomberg) China Netcom Communication Group Corp., the nation's No. 2 fixed-line phone company, will expand a cordless phone service in China's northeast, stepping up competition with a duopoly in the world's biggest wireless market. China Netcom ordered dollar 114 million of equipment from UTStarcom Inc. To expand Little Smart, an intra-city cellular service used by city dwellers as a cheap way of making calls. UTStarcom will install base stations and switches in Hebei, Shandong and Liaoning provinces, the Alameda, California company said in a statement. Little Smart, called "Xiao Ling Tong" in Chinese, costs a fraction of standard cellular services and poses a threat to China Mobile Communications Corp. And China United Telecommunications Corp., the nation's two licensed mobile carriers. It's available in a growing number of provincial capitals, even though China is trying to limit the service to smaller cities. "They put a lot of effort into marketing the service here," said Chen Yan, a deputy director at China Mobile's planning department in Chongqing, a central municipality which began Little Smart this month. "That's obviously a threat to our business. But we won't sit around and do nothing." China Mobile and Unicom serve more than 200 million cell-phone customers in a market that adds five million new users every month. New subscribers tend to have less to spend and many would sacrifice inter-city capability for the lower price.