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Re: richbloem post# 2999

Thursday, 04/24/2003 1:12:27 AM

Thursday, April 24, 2003 1:12:27 AM

Post# of 24768
>> Almost all of QSI's investments have been made in an effort to obtain a foothold in one way or another to advance CDMA. Is this wrong? <<

My two cents added also:

1) A few years ago, when these investments were made, many of CDMA's competitors were spreading cash quite thickly. It would have been very hard for CDMA interests to sit idly by.

2) Many other companies have had similar financing failures. Big ones in the news are obviously DoCoMo/ATT, DT, MOT/NOK in Turkey, maybe Hutch, etc. I betcha there are lots more "150% financing" stories sitting out there waiting to pop. (Though they might be more successfully swept under the rug.)

Come to think of it, since there are approximately two small WCDMA networks commercial right now, a lot of those vendor financing contracts should be investigated by some journalist....
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