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


To: P2V who wrote (1493)2/10/1999 11:46:00 PM
From: Doug  Read Replies (1) | Respond to of 34857
 
Marden: Would appreciate your valuations on Nokia vrs ERICY in terms of rev & earnings growth and target prices short(3 mths)& long term 12 mths.

Thx.



To: P2V who wrote (1493)2/15/1999 9:19:00 AM
From: Thai Chung  Read Replies (1) | Respond to of 34857
 
Monday February 15, 8:39 am Eastern Time
Nokia and Proximus sign a GSM expansion agreement, worth over EUR 100 million

NEW YORK--(BUSINESS WIRE)--Feb. 15, 1999--Nokia has signed a three-year frame agreement with Belgacom Mobile for the expansion of
their Proximus GSM network in Belgium. The value of the contract is worth over EUR 100 million.

Nokia will supply base stations, base station controllers, the Nokia Network Management System and a range of customer services including
installation, network planning, technical support and training.

The agreement also includes components of the recently launched Nokia High Capacity Solution enabling future use of dual band services in
more populated areas.

''This agreement means Belgacom Mobile will continue to offer competitive, advanced services to a growing number of subscribers. Nokia will also be the main supplier of Base Station Subsystem equipment for the network,'' added Folke Rosengard, General Manager, Nokia Telecommunications Belgium. ''Nokia's solutions enable cost-effective provision of services for GSM 900 and future GSM 1800 customers.''

Belgacom SA, headquartered in Brussels, is the national telecommunications carrier in Belgium. The Belgacom Group provides mainly local and international telephone services, GSM cellular telephone services, satellite and leased line services, and terminals. Belgacom Mobile (Belgacom 75%, AirTouch 25%) provides analogue mobile telephone services through the MOB-2 network, and GSM services through the Proximus
network.

Nokia offers total GSM systems, with everything from digital mobile phones to transmission and switching as well as extensive services and
network management solutions for building, efficiently operating and developing these networks. Having supplied GSM technology to 78
operators in 37 countries, Nokia ranks as one of the world's leading suppliers of GSM networks.

Nokia is the world's leading mobile phone supplier and a leading supplier of mobile and fixed telecom networks including related customer services. Nokia also supplies solutions and products for fixed and wireless datacom, as well as multimedia terminals and computer monitors. In 1998, net sales totaled FIM 79.2 billion ($ 15.7 billion). Headquartered in Finland, Nokia is listed on five European Stock Exchanges and on the New York Stock Exchange (NOK.A), has sales in 130 countries and employs more than 44,000 people worldwide.