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

To: Maurice Winn who wrote (24673)	3/22/1999 5:51:00 PM
From: Ruffian	Respond to of 152472

News Good For The Q?> Conference Call to Highlight Latin American Cellular/PCS Growth PRNewswire WASHINGTON, March 22 /PRNewswire/ -- Cellular/PCS markets throughout Latin America will achieve impressive growth rates over the next several years despite uncertainty in Latin American economies. The Strategis Group projects cellular/PCS subscribers growing from about 20 million in 1998 to nearly 80 million in 2005. Among other factors, increased licensing activity is promoting competition and driving growth throughout the region. Over the past two years, governments across the region have issued over 60 licenses, with about 15 additional licenses planned for distribution over the next few years. New licensing has resulted in full competition (more than two competitors) in four Latin American markets and duopoly competition in 11 markets (out of a total of 21 markets analyzed). Three additional markets are expected to experience full competition in 1999. The rapid growth of prepaid in Latin America cellular/PCS markets is having a declining effect on average revenue per user (ARPU). Weighted average ARPU for Latin America is expected to decline from around US$70 per month in 1999 to $43 per month in 2005. Nevertheless, strong subscriber growth is expected to compensate for decreasing ARPU, producing increasing annual cellular/PCS service revenue for every year of the projection period. An examination of these and other findings is the focus of The Strategis Group's recent study: Latin America Cellular/PCS Markets: 1999. Markets trends analyzed in this study will be discussed in a conference call with Stuart Adler, lead analyst for wireless issues in Latin America, on Thursday, March 25 at 2:00 PM (EST). The call will include a presentation to be followed by a question and answer session. Slides for the presentation can be accessed on the Web at strategisgroup.com. If you would like to learn more about the conference call, please contact Stuart Adler or Michael Krier at (202) 530-7500 by Noon (EST) on Thursday, March 25. The Strategis Group -- with offices in Washington, D.C., London, and Singapore -- publishes in-depth market research reports and provides customized consulting services to the cable TV, competitive telephony, Internet, satellite, and wireless communications industries. The Strategis Group's market studies, valuations and strategic planning projects provide crucial information to communications industry leaders throughout the world. Latin America Cellular/PCS Markets: 1999 is available for US$2,500. Please contact Stuart Adler at 202/530-7500 (phone), 202/530-7550 (fax) or sadler@strategisgroup.com for more information. SOURCE Strategis Group (Copyright 1999)