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


To: slacker711 who wrote (4957)5/22/2000 9:46:00 AM
From: slacker711  Read Replies (1) | Respond to of 34857
 
This is sort of odd....

Nokia To Offer Free Cell Phones In Japan

TOKYO (Nikkei)--Finland's Nokia Corp. announced Friday that it will start lending out cellular phones free of charge in a bid to secure a larger share of the Japanese market.

The world's largest cell phone manufacturer will launch the service later this month through subsidiary Nokia Mobile Communication KK, which will supply GSM handsets that can be used both in Japan and overseas.

The units will be available at locations such as New Tokyo International Airport at Narita. The phones will be provided for free, but a 1,500 yen sign-up fee will apply, and both domestic and international calls will cost 390 yen a minute.

Nokia sold 78.5 million cell phones worldwide in 1999, but Japan accounted for only several hundred thousand units.



To: slacker711 who wrote (4957)5/22/2000 9:47:00 AM
From: Mika Kukkanen  Read Replies (1) | Respond to of 34857
 
Slacker:

Hutchinson used to love Nokia, suppose they still do. However with Orange the problem might be that they chose Ericsson for GPRS recently:

ericsson.com

I mentioned some timeback that there was a trend that operaotrs were selecting 3G vendors then working backwards, so many of the GPRS orders indicate the likely 3G vendor.

However, like GSM there are likely to be many multi-supplier strategies. Note, if people want to be up and running asap, then if everyone chose the same single supplier they wouldn't be able to do it!

As for TIW, who are also backed by Hutchinson Whampoa. TIW have had many dealings with Ericsson (just do a search ont he Ericsosn website and you'll find Cesy Mobil and some South American stuff) - and with Hutchinsosn record with Nokia, it'll be interesting to see which which way that goes.

Personally, I do not rate Nortel as a main player in UMTS in the long run.