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

To: foundation who wrote (31980)	2/2/2003 9:57:23 AM
From: foundation	Read Replies (1) \| Respond to of 197226

CDMA Suppliers Lobby For PCS Rights - Brazil Business News Americas February 3, 2003 (BNamericas.com) - Suppliers of CDMA technology in Brazil met with regulators Thursday to argue for allowing PCS licenses to cover CDMA band 1900 GHz in addition to GSM technology 1800 GHz band, local industry news agency Teletime reported. The meeting came after regulatory body Anatel decided against allowing CDMA network fixed line incumbent Brasil Telecom or local competitive exchange carrier Vesper to use PCS licenses bought in November last year. Anatel officials are unlikely to overturn the decision, leaving the suppliers to take their case to the judicial system. Anatel's decision to use the 1800 band for 2G services and the 1900 band for 3G services was a lengthy process involving many public hearings. If Anatel does not overturn the decision, Vesper's purchase of the three PCS licenses "was a big mistake, and will cost a lot," Itau analyst Carlos Constantini told BNamericas, adding that he assumed Vesper had received preliminary approval before buying the licenses from Anatel. Brasil Telecom is in a similar position, with a wireless local loop (WLL) network on the 1900 GHz band, but its network is much less extensive than Vesper's, he added. Canadian supplier Nortel was represented by its institutional relations manager Newton Scartezini; while spoke for government relations manager Peter Stossel and tech VP Luiz Claudio Rosa spoke for US supplier Lucent. Local regulator Anatel participated through its private services director Jarbas Valente. US-based supplier Qualcomm (Nasdaq: QCOM) controls Vesper with a 74% stake in the operator. Business News Americas (BNamericas.com)