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To: Caxton Rhodes who wrote (20959)1/7/1999 11:43:00 PM
From: Ruffian  Respond to of 152472
 
Was This Link Ever Posted>
qualcomm.com



To: Caxton Rhodes who wrote (20959)1/7/1999 11:48:00 PM
From: Ruffian  Respond to of 152472
 
Q, News>





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Harrison Digicom Announces Agreements to Acquire American Cambodia Telcom
January 07, 1999 11:45 AM

COSTA MESA, Calif.--(BUSINESS WIRE)--Jan. 7, 1999--

Acquisition Gives Harrison Digicom 25-Year License to Provide

CDMA Cellular System

Harrison Digicom, Inc. (NASD/OTCBB: HARR) announced today that it has signed agreements to acquire American Cambodia Telcom,
Ltd., a Cambodian Company. The acquisition was accomplished for an undisclosed amount of stock and cash.

The acquisition gives Harrison Digicom a 25-year license, awarded by the Cambodian government, to provide CDMA cellular systems
nationwide. Harrison expects to start shipping equipment to Cambodia for the cellular system by the end of January, 1999.

John W. Bush, President and Chief Executive Officer of Harrison, said that American Cambodia Telcom has selected QualComm as its
vendor of choice for the CDMA market. "This acquisition is very important for Harrison, because it now gives us a 1900 PCS band, with
the full array of products in voice, data, video and paging for the nation of Cambodia."

Paul Robert Carr, President of American Cambodia Telcom, said, "Harrison Digicom's new organization and long term plan made them
our best choice for a strong strategic partner. We are excited to be part of the Harrison team and look forward to providing Cambodia with
the operational talent and financial capabilities that Harrison and QualComm bring to the table."

Harrison Digicom, Inc. has been in operation since 1995 under the name Harrison Industries, Inc. The company has continued to focus
on international communications opportunities. AirTel USA is the marketing arm of Harrison Digicom, Inc. in the wireless industry, with
special focus in the CDMA marketplace. Saigon ETMC is the manufacturing arm of Harrison that has been awarded a 49 year license in
Vietnam for the production of electronic equipment. Harrison Digicom, Inc. is the holding company for the HARR Group of Companies.

CONTACT: Martin E. Janis & Company



To: Caxton Rhodes who wrote (20959)1/8/1999 1:04:00 AM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
Charlene Is A Busy Girl>
Friday January 8, 12:44 am Eastern Time

Possible spat looms as Japan, U.S. differ on steel

By William Mallard

TOKYO, Jan 8 (Reuters) - In what could turn into a trade dispute revival, Japan and the United States publicly differed on Friday
over whether Tokyo would curb its steel exports.

The White House told Congress in a report on Thursday that Japan had agreed to cut this year's steel exports to the United States
to around 1997 ''pre-crisis'' levels.

But within hours on Friday a Japanese Ministry of International Trade and Industry (MITI) official told Reuters: ''We have not given any 1999 estimates of steel
exports to the United States and have made no such promise.''

MITI Vice Minister Osamu Watanabe had predicted on Thursday that U.S. criticism of Japan over trade issues would increase, especially from the Congress, but
that Japan would make every effort to boost the economy through domestic demand, rather than exports.

''Friction is unavoidable, but the issue is how to deal with it,'' Watanabe said.

He said MITI Minister Kaoru Yosano, now on a European and U.S. trip that will include meetings with U.S. Trade Representative Charlene Barshefsky and
Commerce Secretary William Daley, will urge that neither side ''idly make trade a political matter.''

Watanabe also said, however, that Japan had no intention of undertaking ''managed trade.''

In Thursday's report to Congress, the White House offered no details on how any Japanese export cuts would be achieved, but the two sides' differences sounded
reminiscent of past trade squabbles.

In 1995, for example, Japan and the United States sealed a pact on auto trade, in which the United States announced its forecasts for increased Japanese purchases
of U.S. cars but Tokyo immediately disowned the figures.

However, another Japanese trade official, at MITI's steel division, said Japan's steel exports were expected to fall in 1999.

''Japan's steel exports to the United States are sure to continue falling this year in view of the present downtrend in the U.S. steel market and the strong yen,'' the
official said.

The U.S. government has voiced concerned over growth in imports of inexpensive steel from Japan, Russia, Brazil and South Korea.

To help U.S. steel companies, who say they are victims of dumping, the White House will propose about $300 million in tax relief to the industry over five years, a
U.S. official said.

A Japanese steel industry spokesman said final data was expected to show that Japan's overall steel exports to the United States in 1998 rose to about seven million
tonnes from 2.70 million tonnes in 1997, but added exports had started to decline on a month-on-month basis from October.

Nippon Steel and Kobe Steel declined comment, while spokesmen for other big Japanese steelmakers could not immediately be reached for comment.

Related News Categories: US Market News




To: Caxton Rhodes who wrote (20959)1/8/1999 7:28:00 AM
From: kech  Read Replies (2) | Respond to of 152472
 
Thanks Caxton - I guess I am rooting for Bell Atlantic, MCI and then Vodaphone in that order. Although I could easily see Bell Atlantic buying it and splitting it up for the domestic part and then selling the international part to Vodaphone or MCI. What are your preferences? Tom