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Technology Stocks : Nokia (NOK)

NOK 6.365

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3:59 PM EST

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To: david james who wrote (18462)	2/24/2002 12:16:31 PM
From: Eric L	of 34857

re: GSM Subs/POPS << Thanks, but I still need to learn some terminology. Maybe I should ask another way. ... When the 9290 communicator is launched (apparently in the next couple weeks) how many people in the U.S. will be within range of the GSM towers? Is that the Sub number? >> No not the Subs number (subscribers that actually currently use the service). The question can't be answered precisely (at least by me) since I don't know that any figure is published and available that would answer the question. We can probably guess at it. Carriers license varying sized spectrum bands in specific pieces of geography to a maximum of 45 MHz in any given piece of geography and in any piece of geography up to 8 carriers can theoretically overlap coverage - A&B band coverage in 850 MHz and licensees of A,B,C,D,E,F, blocks in 1900 MHz. Each piece of geography has a population base (POPS). There was a population base of 281 million in the US as per the 2000 census. Prior to AT&T Wireless's (AWS) decision to migrate to GSM, VoiceStream had the largest licensed GSM base in the country (all 1900 MHz) covering in excess of 240 million POPS. They are perhaps 75% built out (and still building) so the effectively cover perhaps 170 million POPS. AWS plans to have it's entire licensed geography built out with GSM by the end of 2002, and Cingular by end of 2003. Coverage of course overlaps with VoiuceStream. It is probably fair to say that right now GSM is potentially available to over 200 million potential subscribers although realistically you need to look at adult population (<15 years old) rather than total population so let's say realistically maybe a population base of 150 million in the US. The covetred population - and most importantly the covered adult population will increase as AWS and Cingular complete their migration and VoiceStream completes its buildout. Best I can do on that subject ... - Eric -

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