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Technology Stocks : Nokia (NOK)
NOK 6.600+3.7%3:59 PM EST

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To: Nils Mork-Ulnes who started this subject12/3/2001 8:37:56 AM
From: LarsA  Read Replies (1) of 34857
 
A billion here, a billion there - pretty soon we are talking serious money...
home-news.excite.com

"Announcements on Monday that Ericsson's share was likely to be over $2 billion, Nokia's "well over" $1 billion and Siemens' worth $600 million, indicated the upgrade that Cingular initially said was worth $3 billion was closer to $4 billion."

"Nokia said phones were not included in its contract, while Siemens and Ericsson said phones were included in their deals."

"Nokia Networks spokeswoman Arja Suominen said no vendor financing was involved in Nokia's deal with Cingular."
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