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


To: marginmike who wrote (30714)5/24/1999 1:20:00 PM
From: Boplicity  Read Replies (2) | Respond to of 152472
 
Mike, There are a lot of newbies on this thread, maybe someone who has been around as long as you, and knows the QCOM story in and out could comment on the below. I know Lucent is trying to hold to it's existing market share and this is an attempt to stretch out the eventual switch to 3G, maybe you could add on this. Thanks, Greg

<<Lucent threat to 'third generation'
By Alan Cane in London
Lucent Technologies, the world's largest telecommunications equipment manufacturer, has developed a technology that confers many of the capabilities of the next generation of wireless networks on today's cellular phones.

The development will have profound implications for companies planning to invest in licences and equipment to offer so-called "third- generation" (3G) mobile services, which promise to bring multimedia, including full-motion video, to people on the move.

The Lucent development will cast fresh doubt on the commercial viability of 3G services, set to be launched worldwide around 2002. The services will require operators to build new networks at considerable cost. There are already worries over whether 3G services will attract enough demand to warrant the investment.>>