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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: John NY who wrote (6036)	3/8/2001 4:32:57 AM
From: 2MAR$	Respond to of 6445

Nokia Names Key Subcontractors For 3G Networks >NOK STOCKHOLM (Dow Jones)--Finland's Nokia Corp. (NOK) announced the selection of 12 major subcontractors Thursday for its third-generation mobile network construction projects in Europe, the Middle East and Africa. The subcontractors include Skanska Telecom Networks of Sweden, a unit of Skanska AB (S.SKA); Flextronics Network Services of Sweden, a unit of Singapore-based Flextronics International Ltd. (FLEX); Boke und Walterfang GmbH of Germany; Pfleiderer AG of Germany (G.PFG); Landis Public Networks B.V. of the Netherlands, a unit of Landis Group NV (N.LDS); and Electro Zwijsen-Mourik B.V. of the Netherlands. Others are Electron Telecom B.V. of the Netherlands; Spie Trindel of France; ETS of Italy; SITE of Italy; EXi telecoms of the UK and MyCom of the UK. No financial arrangements were disclosed. Nokia had previously announced four other partners for 3G and GSM buildouts in Europe, the Middle East and Africa. They are ABB Ltd. of Switzerland (Z.ABB), Bovis Lend Lease, MKI of the U.K. and San Diego, Calif.-based Wireless Facilities Inc. (WFII). Nokia has announced 15 3G network agreements, including a dozen in Europe, Middle East and Africa. The subcontractors will be tapped for construction projects on a case-by-case basis, a spokeswoman said. Company Web site: nokia.com -By Buster Kantrow, Dow Jones Newswires; +46 8 54513091; buster.kantrow@dowjones.com (END) DOW JONES NEWS 03-08-01 04:29 AM