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To: Jim Willie CB who wrote (52319)	12/3/1999 9:26:00 AM
From: Ruffian	Respond to of 152472

A Hint?> Friday December 3, 9:14 am Eastern Time Nokia ups mobile phone growth estimate HELSINKI, Dec 3 (Reuters) - Finnish telecom equipment maker Nokia said on Friday it had brought forward its estimate for the number of global mobile subscribers to one billion by the end of 2002 from its earlier estimate of 2003. It said in a statement to be given by Nokia Chief Executive Jorma Ollila at Nokia's capital market day in Dallas that Nokia aimed for net sales growth of 30 to 40 percent in 2000, exceeding its long-term target of 25 to 35 percent. ''We continue to believe that the long-term growth target is achievable in 2001 and 2002,'' it said. ''There will be continued emphasis on increasing market share in the mobile phone business, with Nokia's target being to grow faster than the market,'' the statement said. It quoted Ollila as anticipating the first orders for third-generation networks, which will allow for the transmission of higher amounts of data and things like video images, to be received in 2000. Nokia said it was well-placed to exploit opportunities in the converging telecom, data and IT markets. To help solidify its leading position, Nokia said its Internet Communications unit would continue its acquisition policy.