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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (3454)	1/31/2000 4:18:00 PM
From: Eric L	Read Replies (1) \| Respond to of 34857

VIMPELCOM SELECTS NOKIA GPRS SOLUTION FOR MOBILE INTERNET SERVICES (Russia) HELSINKI, Finland--(BUSINESS WIRE)--Jan. 28, 2000 Nokia and VimpelCom, a leading GSM network operator in Russia have signed an agreement for the supply of the Nokia General Packet Radio Service (GPRS) core network to cover the Central Moscow region. The agreement will enable VimpelCom to take significant steps in providing secure mobile access to the Internet, intranet and other IP-based services. Nokia will deliver the GPRS related base station functionality and the Internet Protocol (IP) core network infrastructure, which includes the Nokia SGSN, (Nokia Serving GPRS Support Node) Nokia GGSN (Gateway GPRS Support Node), Charging Gateway and IP backbone components necessary for GPRS deployment. "With this agreement, we will be able to offer packet switched data through our enhanced GSM network," says Sergey Avdeyev, VimpelCom. "Nokia's GPRS solution is ideal platform for the introduction of future technologies, to provide our customers with an advanced range of services." "Demand for new, innovative Internet related services is a growing trend that is driving mobile usage," says Petri Poyhonen, Head of GPRS Business Program, Nokia Networks. "We are pleased to continue our co-operation with VimpelCom, and with GPRS, this will enable always-connected IP access and further fuels Wireless Application Protocol based content services." GPRS offers instant packet-switched connections to data networks via GSM technology. In addition to allowing faster and easier Internet access, this continuous connectivity enables a variety of new applications, such as multimedia messaging, wireless corporate intranet, remote control and maintenance of appliances, and any number of monitoring or surveillance applications. "VimpelCom" is the leading cellular operator in Russia and markets its services under the brand name "Bee Line" in GSM and DAMPS standards. The VimpelCom Group holds cellular licenses and provides cellular communication services in Moscow, Central Russia, Central Chernozem region, regions of Volga, Caucasus and other regions of Russia. VimpelCom was the first Russian company listed on the New York Stock Exchange in 1996. As per 31 December 1999 VimpelCom served 352 000 subscribers Nokia is paving the way to the mobile information society with its innovative products and solutions. Nokia is the leading mobile phone supplier and a leading supplier of mobile, fixed and IP networks including related services. It also supplies multimedia terminals and computer displays. In 1998, net sales totaled EUR 13.3 billion (USD 15.7 billion). Headquartered in Finland, Nokia is listed on the New York (NOK), Helsinki, Stockholm, London, Frankfurt and Paris stock exchanges and employs more than 53 000 people. < eom> - Eric -