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To: Webster who wrote (22549)	2/5/1999 2:39:00 PM
From: Ruffian	Respond to of 152472

GSM Getting Nervous> GSM Association Insists on Mobile Uniqueness By Vanessa Clark 05 February 1999 The representative body of the world's GSM operators has issued a stern warning to the European Union - don't impose fixed telephony regulations on the mobile market. Following a specially convened seminar with EU regulators last Wednesday to discuss the upcoming 1999 European Telecommunications Review, Dr Adriana Nugter, a member of the GSM Association executive committee, said that “fixed regulations were invented to de-monopolize the market,” while the mobile industry has started from a state of competition. Nugter said the association is concerned that applying fixed regulations to the mobile market would stifle competition, and called for the industry to be regulated like any other sector and according to competition law. She said the association opposes any pre-emptive regulation - only abusive behavior, such as the formation of price cartels should be controlled, she added. And it seems analysts agree that the fixed and mobile markets should be handled differently. Dirk Bout, senior analyst for DataQuest Europe, agrees that the markets involve very different dynamics and elements. In a liberalized market any “regulation has to serve liberalization,” said Bout. Nugter also said that the investment sector advocated specific competition regulation for the mobile industry. Jeremy Alun-Jones, executive director at Lehman Brothers said that soft regulation would encourage investment in Universal Mobile Telecommunications System (UMTS) and local loop development. An EU official declined to comment on the meeting. The EU Directorate General XIII, which is responsible for all telecoms matters, is due to publish a green paper on the review in March and hold public hearings in the middle of the year. Related Stories

To: Webster who wrote (22549)	2/5/1999 2:42:00 PM
From: Ruffian	Respond to of 152472

Tero For You> Nokia Chairman Ehrnrooth to Resign By Jonas Dromberg at Bloomberg News 05 February 1999 Nokia Oyj, the world's largest cellular-phone maker, said Casimir Ehrnrooth, 67, will resign as chairman and that Bengt Holmstroem will become a board member. While Helsinki-based Nokia didn't specify why Ehrnrooth will resign, the Finnish retirement age is 65. Nokia will name a new a new chairman at a later date. Holmstroem is an economic professor at Boston-based Massachusetts Institute of Technology. Ehrnrooth, a board member at UPM-Kymmene Oyj, Europe's No.2 paper maker, has been on the board of Nokia since 1989 and its chairman since 1992. Nokia, which last year passed Motorola Inc. as the leading cellular phone maker in the world, is profiting from a line of new, sleek handsets and from investments in its networks division, which sells equipment for transmitting cellular calls. Nokia shares, which tripled last year, fell 3.21 euros to 118.59