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


To: Eric L who wrote (11853)5/23/2001 11:34:33 AM
From: Eric L  Read Replies (2) | Respond to of 34857
 
re: Nokia (and Nortel) get Omnitel (Italy) 3G Award

Nortel and Nokia Win Italian 3G contract

23rd May 2001
UK Cellular News

Omnitel Vodafone has selected Nortel and Nokia to jointly provide it with UMTS infrastructure. Nokia has secured 30% of the contract, and Nortel also has 30%. The remaining 40% of the infrastructure contract will be awarded to one of the two companies later. The Nortel contract is worth US$39 million, and although Nokia has not commented on the value of its contract it is probably in the same price bracket.

- Eric -