Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Eric L who wrote (18490)	2/25/2002 12:50:35 PM
From: elmatador	Read Replies (2) \| Respond to of 34857

Nokia confirms MobilCom bridge-financing AFX (UK); Feb 25, 2002 HELSINKI (AFX) - Nokia Corp confirmed that it closed a 1.5 bln eur 3G network deal with the France Telekom owned Orange on April 3 last year, a deal also including Mobilcom's 3G network order. "At that time, Nokia also provided a bridge-financing package for the development of the network, with an estimated value of 2 bln eur," said Maija Tommila, director of Nokia's corporate communications. She declined to specify MobilCom's share of the deal, and said the press release from April 3 last year really sums up the information Nokia is willing to give on that deal. Nokia is believed to have agreed credit of 1.1 bln eur to MobilCom last year against orders of 750 mln eur. am/mkp For more information and to contact AFX: www.afxnews.com and www.afxpress.com