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

To: jpbrody who wrote (28324)	4/26/1999 12:06:00 AM
From: marginmike	Read Replies (3) \| Respond to of 152472

If Att goes 3g by 2001 either Lucent Mot or NT is going to make alot of cash. Also Qcom will by that time be full fledge kingkong, gorilla. If 3G is that close for att everyone here will be 3g by 2002! In three years all of us Qcom holders will be stinking 8 digit millionaires! That is unbelievable, and it explains ATT reluctence to go to CDMA now. This might also be Chinese strategy. Why spend money on temporary solution?

To: jpbrody who wrote (28324)	4/26/1999 3:33:00 AM
From: JGoren	Respond to of 152472

AT&T and BT to Take Japan Telecom Stake; Star Wars Digital Screening to be at LA, NYC premiers TOKYO (AP) -- Telecommunications giants AT&T Corp. and British Telecommunications PLC have agreed to take a combined 30 percent stake in Japan Telecom Co. worth $1.84 billion. Under the deal, AT&T and BT will each hold a 15 percent stake in Japan Telecom, the companies said in a statement on Sunday. The three firms are planning a broad alliance in which AT&T and BT will integrate most of their Japanese operations with Japan Telecom's units. In addition, the two companies will dispatch executives to the Japanese firm. The Financial Times reported that BT is paying $1 billion and its Japanese assets, worth $257 million, will be folded into Japan Telecom. AT&T is reportedly paying $209 million in cash and contributing assets worth $435 million. A holding company will be established in which BT will have a 20 percent interest and AT&T 10 percent. The stake will be jointly managed by the two companies. Japan Telecom had reportedly been looking for a partner to survive tough competition, with many Japanese telecom companies cutting rates for domestic and international calls. This is the first joint investment by AT&T and BT since the two companies announced plans last summer their intention to form a global venture to serve international business customers and carriers. ''Japan has one of the largest concentrations of multinational companies in the world,'' said C. Michael Armstrong, chairman and chief executive of AT&T. ''It's an essential growth opportunity for all three companies and it is essential that the global venture have a strong distributor in this key market. Japan Telecom is Japan's third-largest long-distance and international carrier, serving more than 17 million customers. It also has stakes in digital mobile companies that serve 6 million customers. Its biggest shareholder is East Japan Railway Co. being the biggest shareholder. AT&T is the largest long-distance and international carrier in the United States, while BT is Britain's biggest telecom company. The alliance is the latest in a wave of recent telecom deals. Last week, Deutsche Telekom AG and Telecom Italia SpA announced plans to merge in an $82 billion deal, while AT&T launched a surprise $58 billion bid for cable company MediaOne Group. AP-NY-04-25-99 2156EDT ------- Star Wars Rumor Message 9139087