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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (8808)	10/9/2000 8:29:43 AM
From: elmatador	Read Replies (2) \| Respond to of 12823

Re: the costs of new backbone infrastructure, new base station sites, handset subsidies and employee retraining. The costs will at least match those of 2G networks, and could end up costing more." The confusion is because the mobile vendors want to prop their share prices by saying that the 3G market is going to be worth some $60 billion. This puts a downward pressure on the share prices of the operators who paid dearly for the licenses. Which in its turn puts pressure on the banks who lend them money, and on the regulator who oversees those banks. This comes back to the mobile operators who, then, say they are not going to roll out 3G across their whole serving areas but only in the high concentration of potential users and do some GPRS in the rest of the area. This points to a more limited market for mobile vendors and in effect of depresses the shares of NOK and ERICY. In the end sanity has to prevail. (If zbyslaw reads this he will show it as proof that I am a mobile rather than a Last Mile guy) <g>