The problem of designing Joint Power Control and Optimal Beamforming (JPCOB) algorithms for the downlink of a coordinated multi-cellW-CDMA system is considered throughout this paper. In this case, the JPCOB design is formulated as the problem of minimizing the total transmitted power in the coordinated multi-cell system, subject to a certain quality of service requirement for each user. In this paper, the performance of two JPCOB algorithms based on different beamforming approaches is compared over the coordinated multi-cell system. The first one, obtains local beamformers by means of the well-known virtual uplink-downlink duality. In contrast, the second algorithm implements multi-base beamformers, taking into account match filter equalizers at the receivers. Moreover, realistic system parameters, such as per-base station power constraints or the asynchronous nature of the signals arriving at the receivers, are taken into account. Simulation results show that the algorithm based on multi-base beamforming presents attractive properties, such as an inherent multi-base scheduling technique or a decreasing total transmitted power as the degree of coordination between base stations is increased.