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Technology Stocks : Nokia (NOK)
NOK 6.465-0.5%Dec 31 3:59 PM EST
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To: Valueman who wrote (3234)1/13/2000 9:52:00 AM
From: tero kuittinen  Read Replies (1) of 34857
 
So Nokia raising its CDMA market share from 1% to 10% in three months is disappointing? Once again, I'm not following the train of thought here. I would be a lot more sympathetic to the concerns of BAM if this operator would show some competence by international standards. Right now they have a 24% subscriber growth and no mobile data strategy to speak of. And this is supposed to make BAM a top priority for Nokia? I know of better performing operators in Philippines or Poland.

I would understand the bitching & whining approach to evaluating Nokia's handset biz if it would be done in a manner that indicated some signs of sentience. But phrases like this give away the game:

"The question is, can they make the right product at the right price in an environment that is much more competitive and robust than TDMA and GSM?"

So - suddenly the North American handset market is "more competitive and robust" than European and Asian GSM markets?

You can't see it in the variety of different handsets and handset brands. You can't see it in the subscriber growth numbers of BAM or Sprint. You can't see it in the introduction of WAP and mobile data services. You can't see it in the handset specifications (the benchmark in Europe is now a 78-gram phone with voice-activated dialing, predictive text-input and internal antenna).

So where is the "competitive and robust" nature of the US market hidden? What I'm seeing is slow subscriber growth, antediluvian mobile data features, absence of 15-20 competing brand and disastrous early sales of dedicated internet models. The contrast of Neopoints and pdQ's moldering on shop shelves to sell-out status of WAP models in Europe could not be starker.

In the meanwhile, Italy is now expected to hit the 60% mobile phone market penetration by November. That's robust for you.

Tero

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