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

To: pyslent who wrote (32673)	2/20/2003 9:15:23 AM
From: slacker711	Read Replies (1) \| Respond to of 196851

China Unicom added a net 602,000 users to its code division multiple access, or CDMA, service in January over December. This compared with a 21% on-month growth in December. I am sure Qualcomm is going to take a hit on the article but the numbers are actually a little bit better than I expected. chinaunicom.com.hk China Unicom added 770,000 new CDMA subs during the month. This is higher than the above reported number since it includes some newly acquired networks. They had about 84% of the CDMA subscribers at the beginning of the month. If that ratio held true, the overall CDMA net adds for the month were about 920,000 subs for the month. A pretty good showing.... If they keep this level of subsidies, I would assume that sales should rebound when 1x/BREW handsets come out in the next couple of months. Slacker