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Technology Stocks : Nokia (NOK)
NOK 6.910+0.9%Nov 6 3:59 PM EST
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To: Gus who wrote (3464)2/1/2000 9:18:00 AM
From: gdichaz  Read Replies (1) of 34857
 
Gus: Addendum and correction: The Chinese plans for CDMA through China Unicom appear to be as follows:

"1. To build a network with a capacity of 10 million subscribers, covering over 50 domestic cities, by the end of 2000.

2. To pursue new construction and expand existing construction nationwide to achieve 10 million subscribers per year in 2001 and 2002.

The cumulative construction capacity will reach 40 million subscribers with general coverage of most domestic cities above the county level by 2003. In addition to its GSM subscribers, Unicom will have 30% of the market share in the domestic mobile communications market."

Would not that size market (if it happens) be an attractive one for Nokia?

Best.

Chaz
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