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Technology Stocks : ADSL IS DEAD

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To: elmatador who wrote (55)1/8/2001 7:42:55 AM
From: zbyslaw owczarczyk  Read Replies (1) of 135
 
Nokia Chosen by Telenor as Supplier for Broadband DSL Equipment

HELSINKI, Finland--(BUSINESS WIRE)--Jan. 8, 2001--Nokia, a world leader in the supply of digital subscriber line (DSL)
products and technology, has signed a framework agreement with Telenor Telecom in Norway as a supplier of high-speed
Broadband DSL access equipment.

Under this agreement, which covers the next two years, Nokia will supply the Nokia D50e Digital Subscriber Line Access
Multiplexer (DSLAM), a range of Nokia ADSL network terminals, Nokia NetAct management solution for broadband networks
and Nokia LoopMaster products.

DSL is a technology that enables higher bandwidth over copper lines for additional services such as streaming media, secure
remote work and fast Internet access at connection speeds that typically range from 1.5 Mbps to 6/8Mbps. In combination with
other technologies such as Wireless LAN, home users can benefit from wireless high-speed Internet access.

``Telenor Telecom will continue to introduce solutions designed to enable companies to strengthen their level of
competitiveness and to make everyday life easier for private individuals,'' said Ole Henrik Waldenstr0m, Telenor Telecom's
Director. ``With the scaleable Nokia DSL solution we will rapidly be able to meet the demands of our customers.''

``Norway already has the highest density of ISDN in the world and Nokia's DSL solution enables the introduction of
broadband IP services,'' said Morten Graesli, Managing Director Nokia Norway. ``With faster connections comes richer services
such as voice, data, messaging, Web access, video, television and e-commerce. Nokia's proven Broadband IP Access system is
already in service with major customers on all continents and we are delighted to sign this agreement with Telenor.''

Nokia's global broadband DSL position is stronger than ever with its latest DSL customer announcements. Nokia's broadband
solution, featuring the D50 DSLAM and LoopMaster, is deployed in over 4,500 central offices worldwide whose telecom
networks reach 90 million homes and business. Nokia's DSLAM and loop manager are deploying DSL across five continents.

Telenor is the leading telecom, IT and media company in Norway and offers a full range of basic and advanced telecom services.
From a strong position in the home market where Telenor has built one of the most modern telecom infrastructures in the world,
the company pursues international opportunities in specific areas, such as mobile communication, satellite communication,
TV-distribution, Internet services, international telephony and media-related services with current operations in more than 25
countries.

Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure
solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed and IP
networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives
of people. Nokia is a broadly held company with listings on six major exchanges.

Note to Editors:

ADSL (Asymmetric Digital Subscriber Line) is a higher-speed alternative to Integrated Services Digital Network (ISDN) and
analogue modems, utilizing the copper wiring that already connects each home. Besides higher bandwidth, ADSL has another
advantage for consumers: a single twisted pair can carry both voice calls (using existing analogue lines) and high-speed digital
data, while also providing always-on connectivity.

The Nokia D50e for ETSI markets is a Digital Subscriber Line Access Multiplexer (DSLAM) which provides broadband services
over existing copper access lines. Operators can now provide customers with efficient, simultaneous broadband network access
and traditional telephone services. In essence, the Nokia D50e makes connections faster and more reliable for both business and
residential users. With its two-stage architecture, Nokia D50e is a cost-optimized solution based on ATM multiplexer
technology and is suitable both for large central office and small outdoor cabinet installation.

Contact:

Nokia Networks
Communications Department
Tel. + 358 9 5113 8193
nokia.networks@nokia.com
www.nokia.com
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