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

To: John Hayman who wrote (10290)	4/3/2001 1:34:25 PM
From: JohnG	Read Replies (1) \| Respond to of 34857

Finnish report warns of slow take-up of wireless internet A Finnish report has concluded that the use of media mobile phones that allow rapid data transmission known as UMTS phones - will take as long as 2006 or 2007 before they become widely used. The study, published on Thursday by Finnish Eqvitec Partners and Durlacher Research of London predicts that mobile operators will have to plough continuous investment for years to come for simply transmitting speech from one phone to another. This means that operators will have to go without the eagerly awaited profits from their current investment in developing UMTS. Eqvitec analyst Sasu Laitinen told the Helsingin Sanomat newspaper: "Wireless data traffic will exceed speech only after 2005, and UMTS traffic will begin to present itself in statistics at this time. Only one year ago, we believed this would occur two or three years earlier". The report also predicts that voice telephone calls will bring in over half of operators' revenues in 2005. According to the research, wireless internet will take until 2005 to function as smoothly as current fixed line internet connections. A recent report by Nomura International echoed similar warnings to manufacturers about wireless technology, claiming "hyper-competition" in the wireless age could 'destroy' big names like Nokia and Vodafone. Nicholas Mead scandinavianow.com (scroll down about 2/3 of the way)