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Gold/Mining/Energy : eDispatch.com EWD.V (formerly Instep Mobile)

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To: Ontopequity who wrote (262)4/3/2000 6:12:00 PM
From: AriKirA  Read Replies (1) of 289
 
Ontop,

A piece of the puzzle about to be unveiled

Nokia and VoiceStream Sign USD 500 Million GSM Contract

Nokia and VoiceStream Sign USD 500 Million GSM Contract

HELSINKI, Finland, Apr 3, 2000 (BUSINESS WIRE) -- - Largest single end-to-end
system delivery - enabled for Wireless Data in the US - Major supply contract
for handsets, including WAP-enabled phones

Nokia and VoiceStream Wireless Corporation, the largest GSM operator in the
United States, have signed a multi-year agreement estimated to be worth more
than $500 million. The supply agreement will enable the major expansion of
VoiceStream's GSM 1900 network and services, and bring WAP-based mobile Internet
services to consumers. Nokia will also provide wireless handsets to VoiceStream
as part of the agreement, including Nokia 7190 WAP-enabled phones. Deliveries
will begin immediately.

The end-to-end system delivery includes the supply of the entire range of GSM
network equipment including Nokia's switching and radio networks that are
enabled for packet data. This contract supports the expansion and upgrade of
VoiceStream's current network, as well as the construction of additional markets
to expand VoiceStream's geographic reach.

"We are pleased to have the opportunity to build on our long-term strategic
relationship with Nokia. The continued expansion of our GSM network and the
delivery of Wireless Data services are a key part of our long-term business
strategy," said Bob Stapleton, President of VoiceStream Wireless Corporation.

"We are proud of our continued relationship with VoiceStream, who, together with
Nokia, first brought GSM to the North American market in 1995," said Jyrki Salo,
Senior Vice President, Nokia Networks, North America. "This new contract
underscores our commitment to the evolution and development of both VoiceStream
and the emerging Mobile Information Society."

"We are pleased to be a major handset provider to the single largest GSM
operator in the United States," said Rich Geruson, Senior Vice President, USA
Sales & Marketing, Nokia Mobile Phones. "Handsets must meet the growing
requirements in terms of easy viewing of information, easy text input, and fast
and smart access to information without sacrificing weight, size and
performance. Nokia delivers on what consumers want, and expect. "

Combined, Nokia's network technology and the Nokia Artuse Messaging Platform
will provide enhanced wireless data and voice services for VoiceStream's
subscribers. The Nokia Artuse Messaging Platform is a WAP (Wireless Application
Protocol) gateway, which enables a mobile phone user to easily and securely
access information from the Internet or corporate Intranet related services via
WAP-enabled devices.

Nokia will also provide a full package of Professional Services, covering radio
and data network planning, network implementation and operating support
services.

Nokia can offer what few others in the industry can; a complete end-to-end
wireless voice and data network solution, including WAP gateways, mobile
terminals, browsers, and tools for WAP -based content creation and delivery.
Nokia continues to set the pace in the industry with world class products and
services across the entire spectrum of wireless operator needs.

Based in Bellevue, WA, VoiceStream is a leading, national provider of wireless
communications services in the country. VoiceStream is the largest provider of
personal communications service using the globally dominant GSM technology in
the United States. VoiceStream is a member of the North American GSM Alliance
LLC, a group of U.S. and Canadian digital wireless PCS carriers. The GSM
Alliance helps provide GSM wireless communications for their customers in more
than 3,500 U.S. and Canadian cities and towns as well as international service.

Nokia is paving the way to the mobile information society with its innovative
products and solutions. The company is the leading mobile phone supplier and a
leading supplier of mobile, fixed and IP networks, related services as well as
multimedia terminals. In 1999, Nokia's net sales totaled EUR 19.8 billion (USD
19.9 billion). Headquartered in Finland, Nokia is listed on the New York (NOK),
Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs
more than 55 000 people.

Distributed via COMTEX.

Copyright (C) 2000 Business Wire. All rights reserved.

-0-
CONTACT: Nokia Networks
Arja Suominen, + 358 9 5113 8193
nokia.networks@nokia.com
www.nokia.com
or
Nokia (Americas)
Megan Matthews, 972/894-5000
megan.matthews@nokia.com
or
VoiceStream Wireless
Kim Thompson, 425/653-5027
kim.thompson@voicestream.com

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