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

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To: AmericanVoter who wrote ()5/2/2000 6:58:00 PM
From: Joar   of 101
 
USA: SONERA AFFILIATE POWERTEL STILL HEAVILY IN RED.
KAUPPALEHTI

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2-May-2000

Powertel, an affiliate of the Finnish telecoms operator Sonera, recorded a loss of $52.9m in the first quarter of this year, compared with a loss of $63.8m in the corresponding period in 1999.

In the January-March period, the company saw its turnover rise to $100.1m from $62m last year.

Sonera invested $122.7m in Powertel last September and gained a 9.1% stake in the company.
kauppalehti.fi

Joar
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