BUSINESSWEEK ONLINE : APRIL 17, 2000 ISSUE
INTERNATIONAL BUSINESS The Logic behind the Frenzy REASONS TO PAY UP -- 3G promises to open up a vast world of wireless-Internet services whose potential dwarfs price considerations -- Existing operators such as British Telecom and Vodafone AirTouch think that losing out on the new technology would cost them customers and kill their stock prices -- Britain is a trend-setting market that global players need to be in REASONS TO WORRY -- High cost of licenses may mean companies have less to invest in services -- The next few years could see a glut of new telecom debt and equity issues -- Huge capital and license costs could squelch competition DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _					RELATED ITEMS The Mad Grab for a Piece of Britain's Air Waves TABLE: The Logic behind the Frenzy INTERACT E-Mail to Business Week Online

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