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Technology Stocks : C-Cube

CUBE 37.68

+1.7%

Jan 9 9:30 AM EST

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To: Bob Strickland who wrote (31653)	3/30/1998 9:36:00 PM
From: John Rieman	Read Replies (1) of 50808

Nokia, C-Cube customer.............................. dailynews.yahoo.com HELSINKI (Reuters) - Finnish telecommunications equipment maker Nokia said today its business for digital set-top decoders for cable and satellite television was on track to sell a million units this year. "We delivered almost one million set-top boxes last year, and we look forward to delivering a million more this year," Nokia spokeswoman Marja-Terttu Verho said. She said Nokia's digital set-top is already sold in Germany, Spain, Italy, the UK and China and the Nordic countries. Verho dismissed a report in a Finnish newspaper which suggested that Nokia could be unable to deliver a planned 1.5 million decoders to German media groups Kirch and Bertelsmann because of EU objections to an alliance between the two. "The report doesn't take into account the fact that we have already delivered well over half that amount last year," Verho said. "We have received no new information from the European Union that would be negative for our business," she said. The European Commission is expected to reach a decision in May or June on the plans of Bertelsmann and Kirch to combine some of their digital TV operations and sell the programming package through Nokia's set-top boxes. Reports in German media have said the Bertelsmann

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