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Technology Stocks : Nokia (NOK)

NOK 5.877

-2.6%

Nov 20 3:59 PM EST

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To: Wyätt Gwyön who wrote (3973)	4/5/2000 7:42:00 AM
From: tero kuittinen	Read Replies (1) of 34857

C'mon, Mucho - nobody buys the 2 Mbps number. It's meant to be a soundbite for CNBC and CBS Marketwatch. They eat up this sort of PR cotton candy like kids. I bet it will take years to achieve 2 Mbps - if ever. But just 200 kbps in the real world, outside city centers, would be pretty damn impressive. I think that the Chinese markets are starting to tip over: "New World Mobility (NWM) and Nokia have signed a memorandum of understanding to further the development of 3rd Generation Mobile Communication services in Hong Kong. The announcement was made during a New World Mobility's visit to Nokia's research center in Yokohama, Japan. A field trial, scheduled to begin during this month, will open the door for a new class of advanced mobile applications such as video conferencing, multimedia data transmission and other applications based on advanced wideband Mobile Internet access. New World Mobility and Nokia will implement and test a trial system in Hong Kong based on Nokia's leading-edge 3G WCDMA technology. The results will be used to evaluate the technology in a real operating environment, including demonstration of Mobile Internet services and applications." There was some idle talk about cdma2000 in China last fall; but as the WTO negotiations remain bogged down, the marketplace is pressing for a decision. Nokia has a trial W-CDMA nework in mainland China and this Hong Kong deal means that the momentum is building. The Japan Telecom deal was probably a trigger for this Hong Kong announcement - now we get to see the dominos tumble. Korea would be great; Taiwan and Singapore OK. I think that Motorola better snap out of its 3G slump sometime real soon. Tero

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