NOK delays intro of WAP Phone--good news, it would seem:
Nokia Delays WAP Cellular Phone Model Until Autumn
By Daniel Butenschon at Bloomberg News
07 June 1999 <
Nokia Oyj of Finland, the world's largest cellular phone maker, has delayed the release of its new Wireless Application Protocol 7110, or WAP, cellular phone from July to "the fall" because of problems developing the software for it, said Dagens Industri, a Swedish newspaper, citing company spokeswoman Annmari Holmlund.
"There is great demand for WAP phones and we had hoped to have great volumes on the market this summer, so obviously the delay is unfortunate," said Lars Persson, deputy chief executive of Telia Mobile. WAP, which allows cellular phone users to access the Internet and high-speed data services, is expected to have a 10 to 15% share of the mobile phone market, or 40 million phones, next year.
In the first quarter, Nokia got 28% of its sales from networks and 67% from cellular phones.
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