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Technology Stocks : Nokia (NOK)

NOK 6.580

+1.5%

Jan 12 3:59 PM EST

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To: Eric L who wrote (24861)	4/29/2003 12:02:26 AM
From: elmatador	Read Replies (2) of 34857

Customers are lining up for 3G phones in Italy. 3 has started off well with its 3G operations in Italy. Today, 50,000 subscribers use 3G services, another 90,000 are waiting in line and the company expects to reach the target of one million subscribers the first year. There are no handset price reductions for the pioneers; Eur 740 for the only available model from NEC. Hutchison's operations in the UK are not progressing as smoothly as in Italy and the price for a 3G phone from 3 has been cut in half. (Dagens Industri) If not for the HK Chinese Hutchison, what would have been of 3G in Europe?

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