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

To: Eric L who wrote (7049)	9/1/2000 11:30:57 PM
From: Puck	Read Replies (2) \| Respond to of 34857

I can confirm that Sprint's decision was based ultimately on vendor financing, as you point out. Sprint wanted their infrastructure provider(s) to provide them with 100% financing. Motorola balked and Lucent and Nortel were the only two willing to ante up, so they split the contract. I don't think they've had any problems being paid. Sprint's decision, however, wound up fracturing the U.S. wireless industry hopelessly and has permanently retarded its development.