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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 (33229)3/7/2003 8:48:01 AM
From: Ramsey Su  Read Replies (1) | Respond to of 196717
 
regarding KDDI,

so what percentage of KDDI subs are now 1x?

wonder when is the capacity advantage of 1x going to kick in? I would like to see a price war or something that shows a trend of KDDI stealing subs from the others.



To: foundation who wrote (33229)3/7/2003 9:19:31 AM
From: foundation  Read Replies (1) | Respond to of 196717
 
DoCoMo Gets Request For Holder Loan From Hutchison 3G UK

Friday March 7, 8:35 am ET

LONDON -(Dow Jones)- Japanese mobile telecommunications operator NTT DoCoMo Inc. said Friday that it has received a request from Hutchison 3G U.K. Holdings Ltd. seeking a shareholders loan advancement of GBP200 million.

H3G U.K., majority-owned by Hutchison Whampoa Ltd. , is the first network operator to launch third-generation mobile services in the U.K.

NTT DoCoMo owns 20% of H3G U.K. It said the funding request was in accordance its 20% stake.

DoCoMo said the request relates to a provision of the shareholders agreement between the two companies that stipulates that it is contractually obliged to provide up to GBP200 million as a loan advance, if certain preconditions were fulfilled.

It didn't specify what the preconditions were. Neither DoCoMo or Hutchison 3G U.K. were available for comment.

DoCoMo said it will respond to the request by the middle of April.

biz.yahoo.com

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LOL!

Li would rather lose OPM.



To: foundation who wrote (33229)3/7/2003 2:19:16 PM
From: foundation  Read Replies (1) | Respond to of 196717
 
Hutchison 3G U.K. asks partners for loans

March 07, 2003 1:00 PM EST

LONDON—Hutchison 3G U.K., which is in the process of a phased third-generation service launch in the United Kingdom, has placed funding calls to equity partners NTT DoCoMo Inc. and KPN Mobile for commitments to provide additional funding through shareholder loans.

Hutchison has asked NTT DoCoMo, a 20-percent shareholder in Hong Kong-based Hutchison Whampoa Ltd.’s U.K. 3G subsidiary, for an additional $320.3 million and KPN Mobile, a 15-percent shareholder in Hutchison 3G U.K., for $240.2 million in funding.

The funding call notices are pursuant to provisions of the shareholder agreements among the three companies. DoCoMo said it is contractually obligated to provide the $320.2 million as a loan advance if certain pre-conditions are fulfilled.

Both KPN Mobile and DoCoMo said they would respond to the notices by mid-April.

“We are carefully studying the request and are taking advice on whether this is a valid funding call,” said KPN Mobile in a statement.

Heavily indebted KPN, which announced a $9.5 million loss for 2002 on Monday, is looking for a buyer for its stake in the U.K. operator.

rcrnews.com

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ROTFLMAO!

When do the bankers step in?

When do the layoffs step up?