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


To: Ruffian who wrote (31196)5/27/1999 6:21:00 PM
From: w molloy  Respond to of 152472
 
>> How can someone write an article like this and not mention the Q?>

Because it was about network technology companies and wireless portals .....

It should have mentioned Wireless Knowledge, but I guess the author
thought that mentioning MSFT was enough.



To: Ruffian who wrote (31196)5/27/1999 7:33:00 PM
From: quidditch  Read Replies (1) | Respond to of 152472
 
Backing away on China Unicom wireless strategy?

China Unicom Denies Report It Will Lease China Telecom Network

By Peter Harmsen at Bloomberg News

27 May 1999 
China Unicom, the mainland's second-largest telecom company, denied reports that it will lease a mobile phone network from its main competitor, China Telecom.
The Hong Kong-based Ming Pao newspaper said the move is aimed at avoiding redundant capital spending.
"It's not necessary for Unicom to lease China Telecom's network," said Zhang Jiakun, a Unicom spokesman.

He said Unicom previously leased transmission circuits from China Telecom, the Ministry of Railways and other departments, but emphasized that this "is not the same as leasing a whole network."

He said that as Unicom, established in 1994, gradually expands its own facilities, it will become even less dependent on equipment leased from other entities.

As China Unicom seeks to expand its market share, it is engaged in an intense rivalry with China Telecom, which previously held a monopoly on China's mobile phone market and acted as the industry regulator.

Recently, China Telecom was reported to have blocked China Unicom from selling low-priced mobile phone cards in the central city of Wuhan.

The China Business Times reported today that several local mobile phone operators have been slashing prices in an effort to squeeze out China Unicom.


The State Development Planning Commission is attempting to curb such price wars by applying provisions of the Price Law, the paper said.

An editorial in the English-language China Daily yesterday criticized the commission's efforts, calling them "a lesson in the power of administrative monopoly."

Copyright 1999, Bloomberg L.P. All Rights Reserved.

Copyright 1999, Bloomberg L.P. All Rights Reserved.
© EMAP Media 1999