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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.35

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To: jackmore who wrote (130225)	7/21/2003 3:30:56 PM
From: jackmore	of 152472

Nokia's market share likely to drop: Vodafone chief Monday July 21, 7:28 PM Nokia's share of mobile phones sold by operator Vodafone is likely to drop in the near future, the British company's outgoing chief executive Christopher Gent told Finnish business daily Kauppalehti. "It is very unlikely that in four years Nokia's stake in our handset sales would be close to 40 percent. There are a lot of skillful handset producers on the market who will cut Nokia's stake," Gent was quoted as saying in an interview. Vodafone is one of the world's leading mobile phone operators, with some 120 million customers worldwide. Presenting its second quarter results last week, Nokia said its share of the global handset market grew to 39 percent in the period, up a percentage point from the previous quarter. Meanwhile, Gent rejected speculations that Vodafone would be interested in buying up Finland's second-largest mobile phone operator Radiolinja, with which it currently has extensive cooperative agreements. "Our current co-operation is useful for the both of us and we are pleased with it. We have no plans to buy shares in Radiolinja or the whole company," said Gent. He added however that Vodafone was currently looking for acquisitions in the French, Polish, Romanian and South African markets, without specifying further. sg.biz.yahoo.com -------- Not exactly a ringing endorsement of Knockia from Sir Christopher.

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