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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: JW@KSC who wrote (29932)	12/14/1997 4:10:00 PM
From: pat mudge	Read Replies (2) \| Respond to of 31386

[Telecom Finland] Jim -- Moneypenny's been globe-hopping again. This time reporting in from Finland: News: tele.fi <<< December 11, 1997 TELECOM FINLAND LTD RENEWS ITS FIXED NETWORK Customers provided with uniform service level, diminishing operating costs Telecom Finland Ltd (Tele) will renew its fixed network by the end of the year 2000. Nokia Telecommunications won the bidding competition and will provide the new network. The new network also comprises of broadband connection capabilities (ADSL ), which enables the provision of advanced multimedia services via telephone lines. The renewed network increases Telecom Finland's competitive advantage by improving network performance, which is especially important in the developing data transmission market. Furthermore, operating costs will decrease more than 20% and the network management system will be improved as compared to the present solution. The majority of the network will be renewed already before the year 2000. The network renovation will not apply to Tele's intelligent network, where all services will continue to function without interruptions. The network solution is based on the most advanced switching and access technology (V5.2) which enables open interfaces between exchanges and concentrators. Thus, the new solution makes it possible to call for competing bids from suppliers of concentrators for the exchanges. In the future, network expansions will be mainly implemented by increasing the number of concentrators. Telecom Finland Ltd is the leading telecoms operator in Finland, whose core businesses are mobile communications and data and media services. The company also functions as a service provider and network operator in both Finland and abroad. In 1996, Telecom Finland's turnover was FIM 6.4 billion. For further information, please contact: Telecom Finland Ltd Ms Eila Rummukainen, Senior Vice President, Network Business, tel +358 2040 2071 or +358 400 620 120 or Mr Jari Jaakkola, Vice President, Corporate Communications and IR,tel. +358 2040 65170 or +358 40 502 6397 >>> Nokia's helping out: newsalert.com