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To: DaveMG who wrote (19456)12/9/1998 8:51:00 PM
From: SKIP PAUL  Respond to of 152472
 
12-10-98 Mobile phone, effective vehicle for text-based information

By Nam In-soo Staff reporter

Mobile phones, initially designed for voice communications, are now increasingly being used as a vehicle for receiving text-based information,
including the latest news, stocks and game results, industry analysts said. In order to capitalize on the trend, the nation's five mobile phone operators are
providing subscribers with various kinds of text-based information services, or so-called "short message services," they said.

Of the five, the three personal communications services (PCS) carriers? KT Freetel, LG Telecom and Hansol PCS? have been particularly aggressive in
promoting their services. KT Freetel, which has about 2.24 million subscribers, has recently started a new service that allows users to access a variety
of text information through their handsets. It differs from other carriers' services in that it offers a menu on the handset display panel from which users
can search for information they need as if they were "surfing" PC communications services. Traditionally, such services have been one-way, meaning
that mobile carriers conveyed a variety of text-based information to subscribers' handsets.

KT Freetel said its subscribers will be able to gain access to a wide range of information, including news, stock, foreign exchange, traffic situation,
weather and game results. Users can also send electronic mail to the Internet and PC communications through their handsets, the company said.
According to company officials, access to the new service rose from 2.62 million cases in October to 6.72 million cases in November. They said KT
Freetel earned a total of 300 million won, including 100 million won from the new service, in the text-based information services last month. "A mobile
phones is no longer a simple means of communicating with other people. More people are getting necessary information from their handsets," a KT
Freetel official said. Hansol PCS and LG Telecom also offer text-based information services to their subscribers. Company officials said about 10
percent of their respective subscribers currently use short message services.



To: DaveMG who wrote (19456)12/10/1998 8:34:00 AM
From: DaveMG  Read Replies (1) | Respond to of 152472
 
QUALCOMM Responds to Dataquest Market Study


PR Newswire
Thursday, December 10, 1998 7:30AM

--------------------------------------------------------------------------------

SAN DIEGO, Dec. 10 /PRNewswire/ via NewsEdge Corporation -
QUALCOMM Incorporated (Nasdaq: QCOM) today responded to a recently published industry report by market research firm, Dataquest. In its report, which focused on wireless phones sales for the first nine months of 1998, Dataquest recognized that the acceleration of the transition from analog to digital phones by wireless subscribers is now underway. Dataquest reported that there were 10.1 million digital phones of all technologies (CDMA, GSM, TDMA) sold in the United States, versus 7.9 million analog phones from January through September of 1998. QUALCOMM agrees with Dataquest's description of the general market trend.

Although QUALCOMM does not normally comment on information from third parties, the Company believes that Dataquest significantly underestimated the size and growth of the CDMA market, as well as QUALCOMM's shipment volumes and market share.

In the nine-month period from January through September of 1998, QUALCOMM sold approximately 1.8 million QUALCOMM-branded and QUALCOMM carrier co- branded CDMA digital handsets, produced at QPE, to wireless carriers in the United States. The Dataquest study indicated that QUALCOMM sold approximately 828,000 phones. While the Dataquest numbers represent sales to end-users, and not ex-factory shipments to carriers, QUALCOMM believes that a large percentage of phones have been sold through and that its market share is substantially higher than reported by Dataquest.

Except as noted above regarding general market trends, the size of the CDMA market and QUALCOMM's shipment volumes and market share, QUALCOMM makes no comments on any other element of the Dataquest report, including but not limited to numbers of digital and analog phones actually sold.

QUALCOMM Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; Application Specific Integrated Circuits (ASICs); wireless infrastructure; technology licensing; and satellite-based systems including OmniTRACS(R) and portions of the Globalstar(TM) system. QUALCOMM is headquartered in San Diego, Calif. QUALCOMM's fiscal 1998 revenues exceeded U.S. $3 billion. For more information, please visit the Company's web site at qualcomm.com.




To: DaveMG who wrote (19456)12/10/1998 8:38:00 AM
From: DaveMG  Read Replies (2) | Respond to of 152472
 
Related Quotes

ERICY
28 7/8
+0

delayed 20 mins - disclaimer

Thursday December 10, 7:38 am Eastern Time
Company Press Release
Ericsson CEO comments on 1998 results
STOCKHOLM, Sweden--(BUSINESS WIRE)--December 10, 1998--Ericsson's Chief Executive, Sven-Christer Nilsson, today commented on his expectations for the full year 1998 results for Ericsson. In a meeting with financial analysts in Stockholm Sven-Christer Nilsson stated that he expects the full year 1998 income for the company to be somewhat below market expectations. Net sales for the full year are also expected to be somewhat below market expectations.

''My estimate is based on our view of the continued impact of the global financial crisis which is effecting demand in some of Ericsson's operations, including in particular Public Networks. The scope of these effects is reflected in our internal reports for November, which have just become available. Even though there are certain general signs of recovery in some Asian markets there are wider repercussions on global demand, which are now affecting sales and income. The financial crisis in certain markets and the related general economic uncertainty, which we have pointed to in our quarterly reports during the year, is affecting us and emphasizes with renewed strength the need for a strengthening of the ongoing rationalization programs. In addition there will be synergies resulting from the introduction of the new organization. All together this will involve substantial reductions in the number of employees which will be announced in connection with our 1998 report on January 28, 1999,'' said Sven-Christer Nilsson.

''In Mobile phones our operating income during the last months of the year is negatively affected by the shift in demand towards entry-level phones with reduced margins. These phones are demanded for the rapidly growing pre-paid services which now account for one third of the market in Western Europe. In spite of a strong increase in volumes we have not been able to compensate for this development in our operating income.''

''We continue to see strong growth in mobile systems where we have a world-leading position. This is an area where demand remains largely unaffected and where we have a very strong income.''

''For next year we expect, as I have earlier mentioned, a slow start of the year and a development for the whole year below our long term growth objectives. My expectation regarding Ericsson's long term growth remains unchanged; i.e., we shall exceed the market growth. This we will achieve by continued restructuring at an increased pace and development of our operations in accordance with our strategies.''

Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over.

Please visit Ericsson's Press Room at: ericsson.se