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Technology Stocks : Nokia (NOK)
NOK 6.835-1.1%Nov 7 9:30 AM EST
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To: tero kuittinen who wrote (9250)2/16/2001 2:58:46 AM
From: elmatador  Read Replies (1) of 34857
 
NOK see licenses being awarded for GSM in Brazil and translated that in higher mobile sales. 2G GSM is obsolete. Vendors are trying hard to extend GSM footprint in developing countries. And they must do so, because GSM has reached saturation in the developed world. And terminals have to be sold per kilo now.
It is pre-paid in developing countries that is bringing the bacon home right now. Terminals for those markets are really downmarket. There won't be much profit in these new markets.
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