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Technology Stocks : Nokia (NOK)

NOK 5.935

+1.1%

Nov 21 9:30 AM EST

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To: tero kuittinen who wrote (1538)	2/26/1999 7:26:00 PM
From: Maurice Winn	Read Replies (1) of 34857

Message 8057676 Tero, this is an invitation to you to give a Teroist comment on cellular minute prices in Europe. It appears that minute prices are not dropping very quickly in Europe though my understanding is that Finland has cheap GSM minutes [8c per minute I recall you saying]. So Europeans enjoy comprehensive roaming on the State Approved GSM system but have to pay so much for the privilege that they can't afford to use many minutes. It seems that Globalstar will fly over Europe later this year and slamscraggle terrestrial service providers. Maybe outright undercutting them even where terrestrial service is available. It would be funny if subscribers asked Globalstar to make the handsets seek Globalstar service before looking for GSM terrestrial if Globalstar is out of range. Check out Valueman's comments about Vodafone offering a good deal on Globalstar handsets to high value subscribers - Globalstar thread: Message 8060209 Tero, Nokia has got an opponent that can put up a market share fight. Qualcomm has invented cdmaOne against all the odds and that technology has gained over 20 million customers in a couple of years, every one of which is a customer which Nokia did not get and every one of which is paying Qualcomm via ASIC sales, royalties or direct purchase of Q! products. Nokia is scrambling to get some customers in that business. Despite their early efforts and licensing in IS-95 Nokia has been singularly unsuccessful so far. Ericy isn't even in the race but is in desperate efforts now to not be totally destroyed by bad decisions over the 1990s in regard to CDMA. Meanwhile, do you have the low down on minute prices in Europe. [That last sentence is suspiciously like a question even without a question mark and Tero does not answer questions. So if anyone else knows, please tell us]. Maurice PS: I realize there are a few cdmaOne Nokia handset owners, but they aren't included in that 20m every one of which is not using Nokia.

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