Ciao, there are some twists to a story involving Mitec that most folks aren't realizing.
(1)Mitec supplies RF subsystems for Qualcomm's new CDMA micro BTS product line.
(2) With this new product line Qualcomm won a contract with US West (a major service provider in the US) beating out the big boys such as LU, MOT, NT. It's a hot product that has folks talking in the infrastructure industry and the big boys are playing catch-up.
(3) Ericsson bought Qualcomm's Infrastructure Division and is getting into the CDMA Infrasturcture Business with this new hot base station.
(4) Ericsson has the marketing, sales channels, brand name, and reputation to increase sales of this new CDMA micro BTS product line far beyond what Qualcomm would have ever done.
(5) China has agreed to adopt CDMA as a standard nationwide.
(6) Ericsson has a major foothold in China providing more than 50% of the GSM Systems in China.
I'll let you figure out the rest of the story.
##########################################################
Thursday September 10, 2:44 pm Eastern Time
Mitec Telecom announcement/update
(Full text of press release from Canadian Corporate News)
SEPTEMBER 10, 1998
QUALCOMM has selected Mitec to supply Thursday September 10, 2:44 pm Eastern Time
Mitec Telecom announcement/update
(Full text of press release from Canadian Corporate News)
SEPTEMBER 10, 1998
QUALCOMM has selected Mitec to supply RF subsystems for the QCELL
CDMA micro BTS product line. Deliveries are scheduled for the third quarter of
the current fiscal year.
QUALCOMM's QCELL micro BTS's are small stand alone base stations for use
in the PCS and 800 MHz frequency bands. The QCELL micro BTS is the next
generation of base stations, designed for both indoor and outdoor applications.
##########################################################
Monday October 26, 7:30 am Eastern Time
Company Press Release
SOURCE: QUALCOMM Incorporated
QUALCOMM Signs CDMA Infrastructure Contract with U S WEST; PCS
System to Serve More Than 10 U.S. Markets
SAN DIEGO, Oct. 26 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq:
QCOM - news) today announced it has signed a multi-year contract with U S
WEST Wireless, LLC, estimated to involve sales of at least $50 million, to expand U
S WEST's Personal Communications Services (PCS) coverage into more than
10 new markets. U S WEST, an established wireline, wireless PCS, data networking,
directory and information services operator, is one of the premier
telecommunications companies in the world. U S WEST's new 1900 MHz
cdmaOne(TM) (IS-95 Code Division Multiple Access) network will make use of
QUALCOMM's advanced QCell(TM) base station products.
''We experienced the high quality of QUALCOMM's consumer products firsthand,
which led us to explore opportunities with QUALCOMM in the wireless
infrastructure arena,'' said Peter Mannetti, president of U S WEST Wireless. ''The
unique partnership between QUALCOMM Consumer Products and Wireless
Infrastructure, as well as the value of their combined efforts, were important factors in
our decision to expand our relationship with QUALCOMM to deliver our
customers the best possible products and services.''
QUALCOMM's QCell base stations and QCore(TM) 22 base station controller will
interface with U S WEST's existing switching platforms. Through an open
architecture, U S WEST can retain its existing switching technology investments while
choosing the best wireless access equipment to serve its diverse market needs.
QUALCOMM will also provide technical training and some deployment services to U
S WEST.
''U S WEST, an industry leader in integrating communications services for the
consumer, has a strong vision for the future of digital wireless telecommunications,''
said John Major, president of QUALCOMM's Wireless Infrastructure Division. ''As a
leader in developing and delivering innovative CDMA solutions,
QUALCOMM is uniquely qualified to contribute to the realization of this vision.
QUALCOMM looks forward to working closely with U S WEST to deliver
leading-edge CDMA services that meet the diverse needs of U S WEST customers.''
The new network supports the expansion of U S WEST's existing Advanced(R)
PCS(TM) services, which transparently integrates reliable, high-quality wireless
connections with U S WEST Communications' existing wireline features and services.
QUALCOMM and U S WEST will also be conducting more than 12 different
trials on the new networks to evaluate various products and services, including High
Data Rate (HDR) technology, E-911 and in-building coverage.
. Deliveries are scheduled for the third quarter of
the current fiscal year.
QUALCOMM's QCELL micro BTS's are small stand alone base stations for use
in the PCS and 800 MHz frequency bands. The QCELL micro BTS is the next
generation of base stations, designed for both indoor and outdoor applications.
##########################################################
Monday October 26, 7:30 am Eastern Time
Company Press Release
SOURCE: QUALCOMM Incorporated
QUALCOMM Signs CDMA Infrastructure Contract with U S WEST; PCS
System to Serve More Than 10 U.S. Markets
SAN DIEGO, Oct. 26 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq:
QCOM - news) today announced it has signed a multi-year contract with U S
WEST Wireless, LLC, estimated to involve sales of at least $50 million, to expand U
S WEST's Personal Communications Services (PCS) coverage into more than
10 new markets. U S WEST, an established wireline, wireless PCS, data networking,
directory and information services operator, is one of the premier
telecommunications companies in the world. U S WEST's new 1900 MHz
cdmaOne(TM) (IS-95 Code Division Multiple Access) network will make use of
QUALCOMM's advanced QCell(TM) base station products.
''We experienced the high quality of QUALCOMM's consumer products firsthand,
which led us to explore opportunities with QUALCOMM in the wireless
infrastructure arena,'' said Peter Mannetti, president of U S WEST Wireless. ''The
unique partnership between QUALCOMM Consumer Products and Wireless
Infrastructure, as well as the value of their combined efforts, were important factors in
our decision to expand our relationship with QUALCOMM to deliver our
customers the best possible products and services.''
QUALCOMM's QCell base stations and QCore(TM) 22 base station controller will
interface with U S WEST's existing switching platforms. Through an open
architecture, U S WEST can retain its existing switching technology investments while
choosing the best wireless access equipment to serve its diverse market needs.
QUALCOMM will also provide technical training and some deployment services to U
S WEST.
''U S WEST, an industry leader in integrating communications services for the
consumer, has a strong vision for the future of digital wireless telecommunications,''
said John Major, president of QUALCOMM's Wireless Infrastructure Division. ''As a
leader in developing and delivering innovative CDMA solutions,
QUALCOMM is uniquely qualified to contribute to the realization of this vision.
QUALCOMM looks forward to working closely with U S WEST to deliver
leading-edge CDMA services that meet the diverse needs of U S WEST customers.''
The new network supports the expansion of U S WEST's existing Advanced(R)
PCS(TM) services, which transparently integrates reliable, high-quality wireless
connections with U S WEST Communications' existing wireline features and services.
QUALCOMM and U S WEST will also be conducting more than 12 different
trials on the new networks to evaluate various products and services, including High
Data Rate (HDR) technology, E-911 and in-building coverage.
#################################################################
Thursday April 15, 4:48 am Eastern Time
Ericsson paid under 1 bln SKR in Qualcomm deal
STOCKHOLM, April 15 (Reuters) - Swedish telecommunications equipment maker Ericsson said on Thursday it paid less than
one billion crowns to Qualcomm to buy part of its business and settle a legal dispute.
''The agreement between Ericsson and Qualcomm (Nasdaq:QCOM - news) means Ericsson pays less than one billion crowns
($120.8 million) net,'' Ericsson spokeswoman Pia Gideon told Reuters.
Ericsson and Qualcomm of the United States last month settled a patent dispute, paving the way for a global wireless standard and boosting Ericsson's position in the
U.S. market. Ericsson bought Qualcomm's terrestial CDMA wireless infrastructure operations as part of the deal.
Gideon said the net amount included compensation for cross licensing of patents and compensation for Ericsson's acquisition of Qualcomm's infrastructure
operations.
CDMA, or Code Division Multiple Access, is a telephone standard developed by Qualcomm and mainly used in the United States.
Ericsson shares were up one crown at 218.5 at 0820 GMT in a slightly positive market.
Ericsson also spent almost $500 million in cash on Tuesday to acquire U.S. Internet technology companies Torrent Networking Technologies and TouchWave Inc
and it said it was not ruling out larger acquisitions.
|
