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Technology Stocks : Qualcomm
QCOM 152.50-1.0%Jul 17 3:59 PM EDT

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To: Philip Merryman who wrote (49)1/29/1997 5:15:00 PM
From: Philip Merryman   of 68
 
Below is a news report posted on the Web site of Wireless Week on 1/29/97:

GTE Corp. says the launch of its digital cellular service in the San Francisco-area market will help with expected growth in call capacity demands. San Francisco and other local governments have acted to slow construction of cell sites planned by new personal communications services carriers and by cellular incumbents wanting to boost call capacity. GTE says digital provides the means to boost capacity without having to add new sites. The carrier began offering digital service Jan. 24 on the code division multiple access overlay of its Bay Area analog cellular system. Initial coverage is a 240-square mile area extending throughout San Francisco, along the Peninsula corridor and into downtown San Jose, with plans to expand to more than 1,100 square miles by mid-year. As an incentive to switch to digital GTE is offering its analog customers a $50 discount on a dual-mode Sony CMD-500 phone, which retails for $249 to new customers, plus other discounts. This story is being developed by Bill Menezes.
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