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Technology Stocks : Nokia (NOK)
NOK 6.970+2.0%Nov 10 3:59 PM EST
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To: tero kuittinen who wrote (5468)6/13/2000 12:44:00 AM
From: slacker711  Read Replies (1) of 34857
 
Interesting statistics about the US vs European markets....from SSB. This really surprised me.

smithbarneyresearch.com

VOICE TRAFFIC IS ALREADY EXPLODING IN THE UNITED STATES Despite the lower penetration, wireless subscribers within the United States are generating significantly more usage than European wireless subscribers measured on both a per subscriber basis and a relative per POP basis. The wireless industry in the United States should generate over 900 minutes per POP in 2000, which is at or above European levels, despite having a relatively low penetration. To determine the relative demand for spectrum, we have created a statistic we have named "voice utilization of spectrum" as a relative benchmark. This statistic is calculated by dividing total voice traffic (measured in million of minutes) by the POPs in the footprint and then divided by the amount of allocated bandwidth (as measured by MHz). While there is no magic number, higher values imply greater spectrum usage and efficiency. We view higher values as a leading indicator for spectrum demand. The United States should reach 4.3 minutes per POP per MHz in 2000, which is almost 30% above the European average. We found this particularly surprising given that the penetration is lagging its European counterparts and that only 60% of U.S. subscribers by year-end 2000 should be digital. While the large penetration of prepaid dilutes per subscriber traffic, deeper penetrations generally lead to greater usage levels.
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