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


To: Eric L who wrote (5197)6/2/2000 10:34:00 AM
From: Ruffian  Read Replies (1) | Respond to of 34857
 
Alot Riding On Brazil Decision>

Brazil: Nokia to build new plant


FRIDAY, JUNE 02, 2000 8:39 AM
- South American Business Information

Nokia plans to produce cellular telecoms equipment in Brazil, but its final decision
still depends on Anatel's PCS regulation, which is to be defined until mid June,
2000. At present Nokia produces cellular phones in Manaus, State of Amazonas
through a joint venture with Gradiente. The new plant, however, will not be erected
in Manaus. It is to start producing between 6 and 9 months after construction
works start.

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