In this paper, we study the unitary matrix representation of quantum group
SUq(2) in terms of stereographic coordinates z and z* and a central unitary
phase u. The fractional linear transformation of z and z(*) gives the acti
on of SUq(2) on the quantum sphere SUq(2)/U(1) with coordinates z and z*. W
e then extend this action to SUq(2) and derive the transformation law of u.
Finally, we construct the two-dimensional covariant q-oscillators in terms
of stereographic variables and then we generalize it to d-dimensional case
. (C) 2001 American Institute of Physics.