Tuesday, June 22, 2004 1:51:42 PM
06.22.04, 1:40 PM ET
Tear Sheet / Chart / News
Prudential Equity Group said it was not surprised by Sprint's (nyse: FON - news - people ) announcement that it will invest $1 billion to roll out EV-DO, (which stands for Evolution-Data Optimized) technology on its nationwide PCS network. The research firm said the network upgrade was predictable, given an announcement of a similar EV-DO rollout plan on the part of Verizon Wireless earlier this year, but said it was uncertain whether Sprint would use EV-DO or wait for the next wave of technology, known as "EV-DV." Verizon Wireless is a co-venture of Verizon Communications (nyse:VZ) and Vodafone Group (nyse:VOD). Prudential predicted that deployments will begin immediately as initial service availability is planned for the second half of 2004. However, Prudential also said the bulk of the upgrades are slated for 2005, implying acceleration in Sprint's capital spending plans. The research firm noted that vendors have not yet been announced, but said it expects Lucent Technlogies (nyse: LU - news - people ) and Nortel Networks (nyse: NT - news - people ) "to play a significant role in these deployments." Other possible vendors for the upgrade include Samsung and Motorola (nyse: MOT - news - people ), in Prudential's view. The research firm also said it expects Qualcomm (nasdaq: QCOM - news - people ) "to benefit from chipset sales and royalties associated with carrier and consumer equipment upgrades."
http://www.forbes.com/markets/2004/06/22/0622automarketscan06.html?partner=yahoo&referrer=
Recent QCOM News
- Qualcomm Announces Quarterly Cash Dividend • Business Wire • 10/16/2024 01:00:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:17:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:16:47 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:16:28 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:16:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:15:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/10/2024 09:15:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/09/2024 08:24:36 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/09/2024 08:18:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/09/2024 08:05:34 PM
- Google Could Face Forced Spinoff; Rio Tinto Buys Arcadium for $6.7B; Boeing Suspends Union Talks • IH Market News • 10/09/2024 10:15:35 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:56:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:55:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:55:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:55:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/02/2024 08:55:02 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/02/2024 08:03:16 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/01/2024 09:03:08 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 10/01/2024 08:05:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/01/2024 08:03:21 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/01/2024 08:03:05 PM
- Visa Faces Monopoly Lawsuit; Meta Introduces Celebrity Voices for Chatbot; Stellantis on the Hunt for New CEO • IH Market News • 09/24/2024 10:15:50 AM
- Apollo Eyes $5 Billion Investment in Intel; TSMC and Samsung Explore UAE Chip Projects, and More • IH Market News • 09/23/2024 10:32:25 AM
- AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:13:55 PM
Mass Megawatts Commences Solar Energy Sales Efforts • MMMW • Oct 16, 2024 7:45 AM
SANUWAVE Health Announces 1-For-375 Reverse Stock Split • SNWV • Oct 16, 2024 7:40 AM
Future Hospitality Ventures Unveils Bold, New AI-Driven Initiative to Revolutionize the $300 Billion Hospitality Market • NGTF • Oct 16, 2024 7:07 AM
Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM
One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM
ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • BURU • Oct 15, 2024 8:21 AM