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To: Ruffian who wrote (47882)	11/5/1999 2:08:00 AM
From: 100cfm	Read Replies (1) \| Respond to of 152472

"Last month, number one player Nokia estimated there are 420 million handsets in circulation worldwide today, based on its own sales. That means penetration is as much as three years ahead of forecasts." starting from a base of 420m phones and going to 1 bil in 3 yrs. doesn't seem like that spectacular. but when you think that 1/4 of those phones are still analoge and 1/4 of those phones will be lost/stolen/broken and maybe another 1/4 will be simply upgraded each time a faster and more powerful phone comes out coupled with desertion of tdma. then you can say as far as we're concerned there are only aprox. 100m phones today. 100m to 1 bil in 3 yrs is spectacular.