Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Vesper -- Ignore unavailable to you. Want to Upgrade?

To: waitwatchwander who wrote (53)	5/1/2003 6:13:40 PM
From: Jon Koplik	Respond to of 56

"The Living Creature" (1994, Horror) Feeding on an alien corpse makes mosquitoes big, aggressive and thirsty for human blood. R TVPG CC Stereo (This is actually the description for the movie "Mosquito"). (which is on the Sci-Fi channel tonight at 7:00 P.M.) Jon.

To: waitwatchwander who wrote (53)	12/2/2003 6:23:26 PM
From: Jon Koplik	Respond to of 56

DJ Newswires -- Bell Cda Intl Closes Vesper Guarantees Settlement. [Another boring news item, to help keep alive this boring SI thread ...] December 2, 2003 Bell Cda Intl Closes Vesper Guarantees Settlement DOW JONES NEWSWIRES MONTREAL -- Bell Canada International Inc. (BCICF) has paid $12 million in exchange for the absolute release of its obligation under guarantees provided to the Brazilian banks of Vesper S.A. and Vesper Sao Paulo S.A. In a news release, BCI said the payment was pursuant to a September agreement among BCI, the Vespers, the Vespers' majority shareholder QUALCOMM Inc. (QCOM), and a syndicate of Brazilian banks. The company said it has also sold its remaining 1.5% indirect equity stake in the Vespers for nominal consideration, as previously announced, and that it and QUALCOMM provided each other with full releases with respect to all matters related to the Vespers. BCI noted that, as a result of these transactions, it will record a gain of about C$10 million in the fourth quarter. As reported, BCI is operating under a court-supervised plan of arrangement, pursuant to which it plans to monetize its assets and resolve outstanding claims against it, with the ultimate objective of distributing the net proceeds to its shareholders and dissolving the company. BCI was a communications company. Company Web Site: bci.ca -Carolyn King, Dow Jones Newswires; 416-306-2100 Updated December 2, 2003 4:16 p.m. Copyright © 2003 Dow Jones & Company, Inc. All Rights Reserved.

To: waitwatchwander who wrote (53)	12/3/2003 12:21:24 AM
From: Jon Koplik	Respond to of 56

QUALCOMM Announces Closing of Vesper Sale. Date: Tue, 02 Dec 2003 20:28:24 -0500 QUALCOMM Announces Closing of Vesper Sale SAN DIEGO, Dec. 2 /PRNewswire-FirstCall/ -- QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced the closing of the transaction in which Embratel Participacoes S.A. acquired from QUALCOMM its indirect controlled operating subsidiaries, Vesper S.A and Vesper Sao Paulo S.A. (Vesper), together with their immediate holding companies Vesper Holding S.A. and Vesper Holding Sao Paulo S.A. As part of this transaction, QUALCOMM has retained, through a newly formed indirect controlled subsidiary (TowerCo), ownership and control of Vesper's existing 622 communication towers and related interests in tower site property leases. Concurrent with the closing of the transaction, Vesper and TowerCo entered into a 10-year agreement (renewable at Vesper's option for up to two successive five year terms) whereby Vesper will pay a monthly fee for use of aerial and ground space on the tower sites. QUALCOMM expects that TowerCo's extensive network of tower sites will be attractive to other parties who are interested in gaining access to these sites via similar usage rights arrangements -- particularly in the key markets of Sao Paulo and Rio de Janeiro where operators' ability to secure and build new tower sites is often challenging. Under the tower usage arrangement, QUALCOMM preserves the ability, and plans, to sell some or all of its interest in TowerCo and/or the tower sites directly (with assignment of the associated rights under the usage rights agreement). "This transaction is a positive strategic move for all parties involved," said Anthony S. Thornley, president and COO of QUALCOMM. "Embratel's financial strength, Brazilian telecom expertise, and ability to realize significant synergies from its existing operations will help Vesper enhance its voice and data service offerings. In particular, we are encouraged by Embratel's plans to extend and expand Vesper's position in Brazil's high-speed broadband Internet access market as it grows Latin America's first, and largest, 3G CDMA 1xEV-DO network. Furthermore, we are excited about Embratel's ability and plans to expand CDMA's market position as the dominant wireless access technology within Brazil." SOURCE QUALCOMM Incorporated 12/02/2003