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Technology Stocks : Nokia (NOK)
NOK 6.875+6.3%11:56 AM EST

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To: 49thMIMOMander who wrote (24922)5/6/2003 1:49:36 AM
From: elmatador   of 34857
 
3G landmark for Hi3G
By Nicholas George
Published: May 6 2003 5:00 | Last Updated: May 6 2003 5:00

Hi3G yesterday became the first Nordic telecommunications operator to launch a commercial third-generation mobile phone network, and said it hoped to become profitable in Sweden in four to five years.


However, the target was challenged by Tele2 as the country's second-largest mobile operator warned that 3G handsets remained too expensive and that it did not expect networks to be profitable until around 2010. Nicholas George, Stockholm
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