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Technology Stocks : Sonera (SNRA) : The next Nokia ?

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To: AmericanVoter who wrote ()3/10/2000 3:20:00 PM
From: Joar   of 101
 
SONERA-associated Xfera-group expected to get Spanish UMTS-license.

Shares of the companies belonging to Xfera-group, company association including Finnish tele-communications corporation SONERA raised during Friday, as the group was expected to get the 3G UMTS-license for wireless communication in Spain.
The Spanish government is expected to present the name of the one getting the attractive license later during Friday. According to REUTER, Xfera is close to getting the license. The increase in stock value was noted for among others French VIVENDI, leader of the Xfer group, and Spanish ACS. Also, the SONERA stock was raising during Friday.

Source: Kauppalehti-ONLINE, daily business and financial newspaper. 2000-03-10, 14:27
kauppalehti.fi

Joar
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