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

To: John Biddle who wrote (31779)	1/27/2003 5:19:19 PM
From: John Biddle	Read Replies (2) \| Respond to of 197210

China Telecom unit `testing 3G option' Georgina Lee, 28 January 2003 / 12:55 AM thestandard.com.hk China Telecom has reportedly taken a step closer to adopting the foreign-invented CDMA2000 third generation (3G) standard by testing the technology through the group's subsidiary in Fujian Province. Quoting unnamed sources, mainland financial publication Caijing Shibao reported the tests were being conducted in Quanzhou city by Fuzhou Telecom. The report, if confirmed, could point to the fixed line operator choosing the technology - popular in the United States and Japan - over wideband code-division multiple access, or W-CDMA, which is widely adopted in Europe and is expected to be adopted by China Mobile as a migration from its existing GSM, or global system for mobile communication. Caijing Shibao quoted a China Telecom source as saying senior company officials had been lobbying officials at the Ministry of Information Industry, the country's telecom regulator, to allow it a free hand in choosing the 3G standard. A China Telecom official in Hong Kong refused to comment on the report when contacted by The Standard. The market has been expecting the country's two fixed-line carriers, China Telecom and China Netcom, to be awarded 3G spectrum within two years. While previously the market had been concerned that the two would only be allowed to roll out 3G mobile services based on the home-grown TD-SCDMA, or time division synchronous code-division multiple access, Information Industry Minister Wu Jichuan last month said market forces should determine which technology standard carriers adopted. Separately, Caijing Shibao quoted the same source as saying that China Telecom Group has selected subsidiaries from six better performing provinces to inject into the listed China Telecom. These provinces are Anhui, Sichuan, Fujian, Guangxi, Jiangxi and Hunan. The source said listed China Telecom is free to acquire any five of the six. The source said although the company has not yet submitted its asset injection proposal to the authorities, valuation on the assets slated for injection should be completed in three months' time.

To: John Biddle who wrote (31779)	1/27/2003 7:24:59 PM
From: Jim Mullens	Respond to of 197210

JohnB, Thanks for the positive Verizon article. Could we be seeing the first signs of event #9 on my list of 13 potential events that could dramatically increase Qualcomm’s acceptance by the market forces? 9. PCS and/ or VZN announce that their high speed data networks are in such demand that they are seeing a significant amount of crossovers (subscriber switching) from AWE and the other GSM/GPRS carriers. Highlights for the article>>> 1. Analysts believe Verizon Wireless took market share from its rivals including Cingular Wireless. 2. Verizon Wireless, added about 970,000 new customers in the fourth quarter, readily topping analysts' expectations, 3. Those figures would extrapolate to give Verizon Wireless about 970,000 customers, compared with analysts' expectations ranging from 800,000 to 850,000. 4. "Verizon was really out there. I don't recall that the others were as aggressive with new fully featured replacement (phones)," said Jane Zweig, 5. So far, Cingular Wireless (NYSE:BLS - News; NYSE:SBC - News), the nation's No. 2 wireless operator, lost customers for the quarter as it failed to keep up with its rivals' offers.