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

To: Eric L who wrote (10309)	4/4/2001 2:40:14 PM
From: Eric L	Respond to of 34857

re: "Wireless Week" on Nokia cdmaOne software glitch and 3G spending 'We are of a very firm position that this will not affect timing or scheduling of the rollout,' of the high-speed services, says Nokia spokeswoman Megan Matthews. Nokia and the CDMA Development Group are screening seven software-patch options now, and when one is chosen it can be quickly deployed. >> 3G Spending, Hurdles Escalate By Kristy Bassuener Wireless Week April 4, 2001 Global spending for the development and deployment of third-generation wireless networks in on a roll, but hang-ups are plaguing the Internet protocol-based, high-speed mobile services. Billions in network development contracts were signed this week for 3G buildout in the United Kingdom, France and Germany, and today research firm International Data Corp. says that infrastructure spending in Western Europe will reach $78 billion between 2000 and 2004. So far Nokia, Ericsson, Alcatel, Siemens and NEC -- as well as others -- have snared contracts from European carriers. Japan's NEC has an ambitious agenda to take as much as 20 percent of the global phone-equipment market, according to a report from Bloomberg. Strategies to snare carrier contracts include financing for the multi-million-dollar deals from vendors themselves -- a practice that has been making analysts and investors alike antsy. Several insiders still question the profitability of 3G, after factoring in the astronomical prices carriers have paid for spectrum and will pay for buildout. Spectrum itself has proven to be another snag -- especially in the United States, where regulators last week cautioned that the frequencies targeted for the advanced services are jam-packed and will be expensive to vacate. Furthering difficulties, the U.S. Department of Defense has dug in its heels and all but refused to vacate its holdings in the 1700 MHz band, citing national security issues. On top of all this, some fear a Nokia software glitch could possibly slow the adoption of third-generation in the United States, where at least three carriers plan to launch high-speed services later in the year. The snafu would cause interconnection problems to 3G networks for users with Nokia 2100, 5100 and 6100-series CDMA handsets, affecting connections with CDMA-based 1XRTT networks under development by Verizon Wireless and Sprint PCS. But Nokia says there will be no delay in 3G's U.S. debut. 'We are of a very firm position that this will not affect timing or scheduling of the rollout,' of the high-speed services, says Nokia spokeswoman Megan Matthews. Nokia and the CDMA Development Group are screening seven software-patch options now, and when one is chosen it can be quickly deployed. << - Eric -