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Technology Stocks : NOKIA NEWS

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To: Mephisto who wrote (208)4/18/2001 10:12:54 PM
From: Mephisto   of 212
 

"China is Nokia's second largest market in the world."


Nokia To Supply Broadband DSL Solution for Fast Internet Access
To HeBei, China

April 18, 2001--Nokia and HeBei TA, a subdivision of China TeleCom, have signed a contract for the supply of the Nokia DSL access network in HeBei province -bringing fast Internet access to subscribers.

DSL (Digital Subscriber Line) technology enables broadband access over
copper lines. The Nokia D50e is a flexible, two-stage ATM-transmission
based DSLAM (Digital Subscriber Line Access Multiplexer) platform,
which enables operators to provide customers with high-speed DSL
services ranging up to 8 Mbps. With Nokia D50e platform, operators can
make full use of existing network resources and coverage and provide
selectable bandwidth to satisfy the increasing demand for high-speed
Internet access. Working with Nokia's other IP (Internet Protocol)
products, the Nokia D50e helps operators to establish an optimum DSL
broadband access system.

Nokia will supply the Nokia D50e Digital Subscriber Line Access
Multiplexers (DSLAM), CPEs (Customers Premises Equipment) and
Network Management Systems of the end-to-end Nokia Broadband IP Access solution.

This agreement will include the two biggest cities of HeBei, ShiJiaZhuang and BaoDing, which is of more than 30% of total lines of the whole project.


``Broadband Networks, providing fast Internet access solutions which promises people a new level of Internet experience and
a number of exciting new services, is one of the most interesting telecommunication segments today. We are proud of having
the opportunity to work with HeBei TA and to extend our presence in other provinces, such as GuangDong and JiangSu, to
HeBei,'' said Antti Ware, Vice President, Nokia Networks, ``Broadband services are a key step in the development of the
information society and this agreement underlines Nokia's strength as a world leader in broadband solutions based on our
advanced technology, delivery capability and quality of service.''

Nokia is committed to a long-term development and preferred partnership in China. With innovative technology, Nokia has continuously strengthened its market position as a leading supplier of mobile and broadband network systems and mobile phones in China.

China is Nokia's second largest market in the world.
Nokia's investment in China has surpassed USD 1.7 billion. Nokia has established over 20 representative offices, seven joint ventures, one wholly owned manufacturing plant and
one R&D center, with over 5,500 employees in China.

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 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.
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