This paper presents a distributed power control scheme for next-generation multiservices CDMA systems. CDMA has inherent capability to control the quality-of-service (QoS) requirements by assigning different power levels to each traffic type. Toward this, optimum power control schemes have been investigated. The main drawback of the previously proposed algorithms is that they would require all users' transmission state necessiating a complicated control process or peak-rate badnwidth allocation. To overcome this, we exploit the Markovian property to obtain the statistics of the traffic. The statistical formulation is presented for allocating power distributedly so as to keep the "collision" probability below a predefined probability. Numerical examples show that the distributed power control scheme allows better utilization of wireless resources through statistical multiplexing than peak-rate bandwidth assignment, and it does not require a complicated control process while keeping total transmitted power at slightly greater than optimum power control.