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To: GST who wrote (52153)	4/21/1999 8:42:00 PM
From: Sarmad Y. Hermiz	Respond to of 164684

GST, >> sorry but I don't think that is the issue. This is not so much a regulatory issue at this point. It is a company to company agreement to bury the hatchet and work together. QCOM's value is a byproduct of this agreement. << I don't know what the new agreement is. The old situation was that QCOM claimed its system was the most efficient use of the spectrum. Europeans disputed that, but said regardless, the GSM is already working, has no need of QCOM patents, is accepted world-wide (except US) and all is fine. What was even worse for qcom was that in the US it does not have a monopoly either. There is another competing standard. And Japan I think is on GSM. I don't know about China. So who is the player that accepted qcom's standard and is willing to license its technology ? I guess if you are going to invest big into this, you should at least get that answer. What I am saying here is just general observations. I don't have any new insight.