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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (5153)	9/7/1999 3:03:00 PM
From: elmatador	Respond to of 12823

Last Mile. Watch out for moose crossing the roads!! stokab.se Sweden has always been open to new technology and its rapid adoption. One hundred years ago, Sweden had the highest telephone density in the world in absolute terms, ahead of New York, Berlin and London. The tradition has been maintained ever since. Today, Sweden is the European leader in the use of advanced information technology. You will find an enduring and solid industrial tradition in Sweden, with an efficient infrastructure and a high level of competitiveness within many technologically advanced fields. The Stockholm telecom market As a result of Stokab's efforts, Stockholm has quite likely developed the most dynamic telecom market in Europe. To name but a few examples: EU statistics show that as of autumn 1998, Sweden had 57 international telecom operators; Stockholm is the home of 75-80% of the IT industry in Sweden; and some 20% of all employees in the private sector work with IT and IT-related industries. Stockholm is not on its way into the information society - Stockholm is living the information society. More than half of the population are regularly connected to the Internet, own a home computer and communicate with one another via mobile phone. The new media industry New media is a collective term for businesses that produce digital interactive media and offer associated consulting services. In a very short period, this industry has made remarkable impact on society. Three of the world's largest new media companies have their headquarters in Stockholm. Two of them began operating only about three years ago but already have offices in Europe, Asia and North America. According to a study carried out by the producers' association PROMISE (Producers of Multimedia in Sweden), an estimated 1,200 Swedish firms are involved in creating interactive media. The figure is sensationally high by international standards. The information society To top it all off, Swedes are probably the world's most advanced and demanding users. (Every second Swede owns a mobile phone and, along with the U.S., Sweden has the world's highest PC density. Use of the Internet is also among the highest in the world. According to a study carried out in February 1999, 51% of the population between the ages of 16 and 70 use the Internet more or less regularly. In some categories the figure is over 70%; most of the corresponding figures are higher still for Stockholm on its own.)