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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| March 04, 2002 | COPYRIGHT 2002 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TELECOM

AT&T Wireless expects weak '02

The wireless firm sees weaker operating cash flow growth and warned service revenue growth excluding recent acquisition TeleCorp will slightly weaken. AT&T Wireless cited the recession and more competition. But it expects to do better in the 2nd half. AT&T Wireless fell 1.49, or 15%, to 8.60.

Sprint sets loan, hires advisers

The long-distance firm lined up a $1 bil loan, allaying investor fears of a cash crunch. Sprint hired investment bankers to help weigh a possible sale of its directory publishing unit. The loan is secured by the yellow pages business. But Standard & Poor's said it's eyeing Sprint's debt.

DoCoMo expands in mobile push

Japan's top cell phone operator debuted on the New York and London stock markets. NTT DoCoMo will introduce its "i-mode" service to Germany, Belgium and the Netherlands in two months. I-mode has 30 mil users in Japan accessing e-mail and surfing the Web on business card-sized screens. DoCoMo rose 0.36 to 53.86 on the ...

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