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

To: tero kuittinen who wrote (5579)	6/15/2000 2:51:00 PM
From: Wyätt Gwyön	Respond to of 34857

Tero, do you have a perspective on Powertel, and whether Voicestream might buy them? I was just visiting the local VSTR dealer and he was telling me VSTR will buy them.

To: tero kuittinen who wrote (5579)	6/15/2000 4:16:00 PM
From: Ruffian	Read Replies (2) \| Respond to of 34857

Nokia in talks to buy Netro - industry source NEW YORK, June 15 (Reuters) - Finland's Nokia Ab Oy (NYSE:NOK - news) is in talks to buy wireless telecommunications equipment maker Netro Corp. (NasdaqNM:NTRO - news), an industry source said on Thursday. ``Netro cut an OEM (original equipment manufacturer) deal with Nokia, but the reality is that they are probably going to be bought by them,'' said the source who declined to be identified. The negotiations, however, could end without an agreement. The timing or price of any potential deal was not immediately clear. A spokeswoman for San Jose, Calif.-based Netro said she was not aware of any takeover talks, adding that the company plans to remain independent. ``At this point in time, we're remaining with our plan to remain independent, working with our strong partners such as Nokia,'' said Netro spokeswoman Laurie Hallwyler. Nokia could not be immediately reached for comment. Shares of Netro, which makes wireless telecommunications access equipment, rose 2-3/4 to 50-1/8 Thursday on Nasdaq. Netro has a market capitalisation of about $2.5 billion, based on about 50 million shares outstanding. Under the OEM agreement, announced on June 6, Nokia will market and distribute Netro's AirStar technology to telecommunications providers worldwide. Netro's technology complements Nokia's products in the broadband wireless access market, analysts said. Shares of Netro traded as high as 101-3/16 in early March, but fell as investors turned away from technology stocks. The stock bottomed out at 24 on May 23, but has rallied in the two weeks before the Nokia OEM agreement was announced. The rally in the past few days came on rumours that a takeover deal may follow, one analyst said. Other analysts discounted the rumours of an acquisition, saying that Nokia has everything it needs from Netro through the OEM agreement without paying for an acquisition.

To: tero kuittinen who wrote (5579)	6/17/2000 1:17:00 PM
From: Eric L	Read Replies (2) \| Respond to of 34857

Tero, Re: global penetration of 10.36% by end 2000 Interesting numbers. ESMR included here. >> From GLOBAL MOBILE (June) APPROXIMATELY 62 new cellular and PCS networks will go commercial this year, boosting the total number worldwide to 937 by end 2000, according to the Yankee Group. However, the 62 new networks (down from 80 in 1999) are controlled by a total of 49 companies, and there are only 443 competitive operators worldwide. The Yankee Group assumes there are a total of 199 addressable markets that will license between three and five competitive operators, based on individual market characteristics. Based on 800 operators, and assuming an average of four per market, the world is ap-proximately 55% of the way toward reaching global competitive licensing for cellular and PCS operators. In terms of overall subscriber numbers, the Yankee Group forecasts a total of 624.7 million users by end 2000 (including ESMR in the U.S. and Japan?s PHS networks), a global penetration of 10.36%. Total subscribers are forecast to rise to 1.26 billion by 2005, equivalent to penetration of 19.54%. << - Eric -