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

To: foundation who wrote (8673)	1/5/2001 3:21:16 PM
From: Eric L	Respond to of 34857

>> Nokia Moves Beyond Mobile Phones With Home Terminal by Evan Blackwell News Editor TelecomClick Jan 5 2001 Nokia’s known all over the world for its mobile handsets. Now the company wants to be known for much more. Next week, Nokia will give the U.S. telecom world a sneak peek at its new broadband home appliance. Nokia will demo The Media Terminal for the first time in the U.S. at next week’s Consumer Electronics Show in Las Vegas. The company calls the new box a - home infotainment center - that will allow users to access high-speed Internet and digital interactive broadcast programs through the TV. "The significance of this is that it will be the first consumer retail product, other than a mobile phone, that Nokia brings to the U.S.," said Denise Crew, Nokia spokeswoman. "This signals that Nokia is more than a mobile phone company." Nokia announced the creation of The Media Terminal to the European market in September of last year. Commercial rollout of the product in Europe should take place by the third quarter of 2001. Soon after, the product will be made available to the U.S. Crew said the company has ambitious plans for the new broadband tool, simply because of its versatile functionality. "It’s a bunch of different products all in one," Crew said. "We like to call it a content aggregator. It’s a box that will allow users to do different things." First and foremost, The Media Terminal will integrate digital satellite video with Internet access and includes a navigation browser called Navi Bars that lets users jump between the two. The interactive capabilities include a TV/Internet split screen, video-on-demand, MP3 file storage and interactive games. The appliance’s hardware is based on Intel X86 architecture, with a Nokia DVB-S receiver and network interfaces based on PCI modules. << - Eric -