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Technology Stocks : Nokia Corp. (NOK)

NOK 6.160

+1.5%

3:59 PM EST

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To: slacker711 who wrote (2720)	12/6/2002 11:14:23 AM
From: Eric L	Read Replies (2) of 9255

re: 1xRTT in China (Strategy Update) Slacker, << It's hard for me to think of anything associated with the Chinese bureaucracy as being JUST a detail ;-). >> You got that right. ;-) Did you listen to the strategy update? I did my first listen live on Tuesday but as usual I was half listening because of business phone calls and business e-mail. I'll be doing a closer listen this weekend. My recall is that Anssi was asked a question by someone from China Unicom about when or what was holding up Nokia doing 1xRTT handsets in China. His answer was simply the bureaucratic process as opposed to politics or whatever. Jorma commented on the same thing in the closing Q&A and said that the bureaucratic process simply takes time. He also talked about research and R&D they had done in conjunction with the Chinese related to 1xRTT. As I say. I didn't really focus on the specifics so a 2nd comprehensive listen is in order. - Eric -

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