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Technology Stocks : Nokia (NOK)

NOK 6.365

+2.2%

Dec 11 3:59 PM EST

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To: foundation who wrote (7001)	8/23/2000 4:01:19 PM
From: michael_pdx	of 34857

Nokia announced a 300 million dollar contract today for expanding the GSM network in the Philippines. This is particularly interesting because some alleged that Nokia was to blame for some recent outages in the Philippines. I have listed a link to this contract and links to other August 2000 GSM or GPRS announcements below. The total for August alone is over 1 billion US dollars in GSM and GPRS contracts, and that figure does not include the contracts for which no dollar amount was stated. In addition I doubt that I found every announced contract. I just looked for the easy ones on a few major company web sites. I post these as a response to the Qualcomm zealots who repeatedly state or imply that GSM is dead and that GPRS will never work. The telecom companies of the world seem to believe otherwise. It reminds me of a quote from Mark Twain,"Rumours of my death have been greatly exaggerated." Nokia 300 million USD for GSM expansion in the Philippines 8/23/00 press.nokia.com Nokia GPRS network in New Zealand 8/14/00 press.nokia.com Nokia GPRS network in Portugal 8/11/00 press.nokia.com Ericsson 176 million USD for GSM expansion in China 8/23/00 ericsson.com Ericsson GPRS network in Canada 8/1/00 ericsson.com Motorola 448 million USD for GSM expansion in China 8/22/00 corporate-ir.net Motorola GPRS network in China 8/15/00 corporate-ir.net Motorola 100 million USD GPRS network in Turkey corporate-ir.net Nortel GPRS network in Austria 8/9/00 nortelnetworks.com

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