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

To: Caxton Rhodes who wrote (9545)	3/2/2001 9:36:12 AM
From: JohnG	Read Replies (4) \| Respond to of 34857

NOK tells Euro operators to "eat cake". Comments on NOK's effort to promote Euro Network Shareing. What an arrogant bunch of pricks. JohnG iron_air 3/2/01 9:14 am NOK is still trying to play shepherd to the Euro-carriers. This network-sharing scheme is so obviously an attempt to ensure CDMA2000 does not get adopted by an independent-minded, clear-thinking, European carrier. I believe the Euro rule is that there is at least one "w"CDMA provider in each country. Well, if this is the rule, and if there is to be network sharing in these countries, it seems to me that that network is mandated to be "w"CDMA. What will these power-hungry socialistic corporate fat-cats think of next? Oh, and by the way, "the customers are not interested in high bandwidth data applications." (right) ORIGINAL REPORT: Nokia confirms to hold 3G analysts meeting HELSINKI, March 2 (Reuters) - Nokia <NOK1V.HE>, the world's largest mobile phone maker, said it will hold a meeting with analysts on Friday to discuss third-generation mobile phone network cooperation among telecoms operators. "A handful of analysts have been invited to discuss various topics related to network sharing," Nokia chief spokesman Lauri Kivinen told Reuters. "The meeting is about helping them understand how it is technically possible for operators to share (3G) networks." Kivinen said he did not expect senior Nokia management to be present at the meeting to be held later on Friday, adding that no telecoms operators would attend. The mobile phone industry, both operators and manufacturers, are under intense pressure to deliver on promises that the high-speed mobile Internet will be in people's pockets soon -- especially as the industry is investing well over $200 billion in networks that will enable fast wireless Internet. Some telecoms operators have already decided to share the cost of building networks in Sweden and there is talk of similar deals in Germany. Nokia traded eight percent higher at 26.25 euros at 1125 GMT after news it had won 3G network deals from Swedish operator Telia <TLIA.ST>. Siemens <SIEGn.DE> also won a 3G deal with Telia. Nokia outperformed rival Ericsson <LMEb.ST>, which traded up 4.5 percent at 81.5 Swedish crowns and the Dow Jones Europe technology stock index <.SX8P>, which was 4.4 percent higher. "Nokia has got a couple of 3G deals and that positive news is supporting the share, especially as we've had a lot of news lately about 3G delays and the stock is already at very low levels," Evli Securities analyst Petri Korpineva told Reuters.