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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: bananawind who wrote (13111)	7/29/1998 5:58:00 PM
From: mmeggs	Read Replies (1) \| Respond to of 152472

To all, re: Brazil. QCOM (or consortia incl. Q) bid on all four of the cell properties, but came out on the short end every time. The good news is that at least two of the winning bids seem pretty friendly to CDMA - Telefonica already has in place "numerous" CDMA networks, (and won one of the two most valuable properties) and the consortium led by Telecom Italia includes companies which already have several CDMA deployments in place in Brazil. (And they won the other most valauable property - measured in terms of bidding anyway.) As for the other winners QCOM "hopes" they will be friendly to CDMA. Q officially says "[they] are confident that the future of CDMA is secure in Brazil." mmeggs