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

To: Eric L who wrote (21176)	7/15/2002 1:51:19 PM
From: Eric L	Respond to of 34857

re:Nokia Smart Radio & EDGE to Asia (TAC of Thailand) >> Nokia And TAC Sign USD 200 Million GSM/GPRS/EDGE Network Expansion Agreement For Thailand July 15, 2002 Nokia Networks Press Release Total Access Communication (TAC) and Nokia have signed an agreement for the delivery of GSM/GPRS/EDGE mobile systems for the expansion of the DTAC brand mobile network in Thailand. The agreement is valued at USD 200 million. Nokia is the sole supplier for TAC's mobile core network, including an Intelligent Network platform, and provides the main part of the radio-access network. Under the agreement, Nokia will provide its UltraSite base station solution, which can support GSM/EDGE/WCDMA, addressing the growing demand for data traffic in today's mobile networks. Operators can employ EDGE to achieve transmission speeds up to 470 kbps, enabling high-speed access to the mobile Internet and enhancing multimedia applications. Nokia will also provide a Smart Radio Concept technology for the radio network to enhance the DTAC network coverage and improve quality. "We are pleased to expand our cooperation with DTAC in building its competitiveness for the future," says Matti Palomaki, Account Director, Nokia Networks. "We believe DTAC's focus on network quality and coverage as well as its leading end-user services, combined with Nokia's state-of-the-art technology will ensure DTAC's leadership in the Thai market." "The extension of the GSM/GPRS network shows our commitment to continue better quality, better coverage and best-in-class services. Furthermore, it opens the way to 3G-based advanced mobile services using EDGE technology," says Boonchai Bencharongkul, Chairman and CEO of DTAC. "Our long-term relationship with Nokia and its competitive products was instrumental in our choice. With Nokia's technology, DTAC will continue to further enhance its network quality and coverage and provide a smooth evolution transition to the next generation of networks," he adds. DTAC is Thailand's leading wireless communications brand, with over four million customers. DTAC aims to make mobile communications easy, accessible and affordable, under just and transparent pricing system. Telenor has been DTAC's strategic partner since 2000. A market leader in the cellular industry in Asia Pacific, Nokia provides innovative, industry leading and market-relevant technology and products to around 20 diverse markets in the region. Nokia is the world leader in mobile communications. Backed by its experience, innovation, user-friendliness and secure solutions, the company has become the leading supplier of mobile phones and a leading supplier of mobile, fixed broadband and IP networks. By adding mobility to the Internet Nokia creates new opportunities for companies and further enriches the daily lives of people. Nokia is a broadly held company with listings on six major exchanges. << - Eric -