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To: Caxton Rhodes who wrote (30725)	5/24/1999 2:45:00 PM
From: Ruffian	Respond to of 152472

Caxton, GSM TOAST> THE INDEPENDENT SOURCE FOR WIRELESS INDUSTRY NEWS May 24, 1999 May 24, 1999 United States, Korea lead in wireless phone growth WASHINGTON—The United States and South Korea posted the strongest gains in cellular/personal communications services net subscribers during the first three months of 1999, according to quarterly results from Strategis dataBank: World Cellular/PCS Subscribers and Operators, compiled by The Strategis Group. Competition and nationwide rollout of Code Division Multiple Access technology are the main engines of growth in South Korea. With five cellular/PCS operators, one in three Koreans owns a cellular or PCS handset, said the report. Improving economic conditions was also a factor. ‘‘There was a dramatic turnaround in the Korean economy in the first quarter and this clearly impacted cellular growth,'' said Elizabeth Harr Bricksin, director of international wireless publications for The Strategis Group. ‘‘GDP increased by an annual rate of 4.6 percent in the first quarter, after contracting by 5.8 percent for all of 1998.'' Quarterly findings also revealed that the world cellular/PCS subscriber base reached approximately 340 million as of March 31, adding 25 million subscribers from year-end 1998. Strategis dataBank: World Cellular/PCS Subscribers and Operators is an interactive resource providing analysts, investors and carriers with up-to-date data on cellular and PCS markets worldwide. RCR NEWS