Qualcomm Inc (QCOM)

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DoCoMo's New 3G Plan for the U.S. Market

WWJ Viewpoint :: US/Canada Market
Posted on Monday, February 23 @ 21:23:39 JST
Despite the fact that DoCoMo has to shed its 16% stake (and probably a few tears given the drop in value) in AT&T Wireless Services Inc., this does not let AT&T Wireless off the hook from its obligations to launch W-CDMA 3G in four U.S. markets by the end of this year. So what's a badly burned DoCoMo, which has been forced to write down something like 1.5 trillion of the 1.9 trillion yen it spent on minority shareholdings in Western and Asian carriers, to do. The answer seems to be hopping into bed with Cingular to keep the 3G dream alive, or at least stop it degenerating into a nightmare.

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