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News
Issue #2003 - 17 (May 2003)
(Updated May 24, 2003)

INFRASTRUCTURE, PRODUCTS & SERVICES

3G News This Week

1. Siemens Targets Indian Mobile Market
With the launch of six new mobile phones, Siemens Information and Communication Mobile (Siemens mobile) intends to conquer the Indian mobile communication market.

For more http://www.3g.co.uk/PR/May2003/5406.htm

2. British Company Swallows 3G Costs
The company, formerly BT Cellnet, took a 9.66bn non-cash exceptional charge to help readjust the value of third-generation (3G) licences bought at inflated prices during the height of the telecoms boom in 2000. Source - Several but primarily http://www.3g.co.uk

For more information: http://www.3g.co.uk/PR/May2003/5409.htm

MobileInfo Comments and Advisory: China and India are growing their cellular markets rapidly. Indian market at 13 million subscribers, while much smaller than Chinese market, is growing at million subscribers a month.

Note: This news release may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of Securities Exchange act of 1934 in USA. Similar provisions exist in other countries. There is no assurance that the stipulated plans of vendors will be implemented. MobileInfo does not warrant the authenticity of the information. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.


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