| To: AmericanVoter who started this subject | 12/4/2000 6:40:25 PM | | From: Joar | | | | Nokia and Sonera Sign Supply Agreement for Advanced 3G Mobile Network in Finland
HELSINKI, Finland--(BUSINESS WIRE)--Dec. 4, 2000--Sonera has chosen Nokia as a supplier of a 3G system for the introduction of new mobile Internet services in Finland. Under the three year agreement, Nokia will supply its 3G IP mobility core network, including packet switched and circuit switched elements and related support services. In addition, Nokia will be a major supplier for the WCDMA radio access network.
The deal will enable Sonera to combine the power of mobility and the Internet and build on their existing business to rapidly create new services with a cost efficient 3G network. Nokia has been a supplier for Sonera's GSM network and has also delivered GPRS core elements for the creation of high-speed packet data services in Sonera's mobile network. Sonera aims to launch 3G services in major cities at the beginning of January 2002.
"We believe in a network that is evolutionary based, that supports seamless services. We chose Nokia as a 3G system supplier because we share the same joint vision for network evolution and have enjoyed a successful relationship. Exploiting GSM and GPRS networks is a significant part of our strategy that will bring cost efficiency and other benefits for our customers," says Anni Vepsalainen, Senior Vice President, Mobile Operations, Sonera.
"Sonera is already expanding its portfolio of service offerings in mobile internet, high-speed data communications and m-commerce services. With the combined strengths of Sonera's unique innovative approach to service creation and Nokia's WCDMA IP mobility networks which offers industry leading cost effectiveness, we are delighted to be able to support Sonera's drive towards the 3G market." said Dr J.T. Bergqvist, Senior Vice President, Nokia Networks. "We will support the rapid build-out of their next generation network, further developing our long-standing business relationship."
Nokia's 3G infrastructure is based on open standards, platforms and interfaces, critical for a smooth evolution to commercial 3G services in a multi-vendor network. It includes integrated end-to-end solutions covering charging, security, network management & service control applications.
Nokia already offers a full range of support services and solutions to help network providers differentiate in today's fast-changing business environment and rapidly build out 3G networks.
Sonera (HEX:SRA, NASDAQ: SNRA) is an international forerunner in mobile communications and mobile-based services and applications. By combining its expertise in mobile communications, the Internet and service provision, Sonera aims to develop into a global communications operator and provider of transaction and content services. In 1999, Sonera`s revenues amounted to EUR 1.85 billion and profit before extraordinary items and taxes was EUR 0.5 billion.
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. Notes to Editors:
3G is also known within Europe as UMTS: Universal Mobile Telecommunications System. 3G is the future of mobile communications and in Nokia's vision, IP-based technologies will eventually form the core of the future mobile network. Nokia's GSM/UMTS system will gradually evolve to an all-IP system, having 3G GPRS network elements as its base. The 3G system will complement the existing GSM system, not replace it. It will be the vehicle that provides wireless access to multimedia services, and a way to provide more voice capacity, or a mixture of voice and multimedia services.
CONTACT: Nokia Networks
Communications Department, + 358 9 5113 8193
www.nokia.com
datek.com
/Joar |
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| To: AmericanVoter who started this subject | 12/5/2000 4:35:48 AM | | From: Joar | | | | SONERA BUYS SWEDISH FRONTEC SUPPORT AND OPERATIONS FOR 55 MLN SK (~5,5 M USD)
(The following is a reformatted version of a press release issued by Sonera Oyj.)
Helsinki, Dec. 5 -- Sonera Juxto combines forces with Frontec Support and Operations AB to start providing ASP services in Sweden
Sonera Corporation (HEX: SRA, Nasdaq: SNRA) has purchased the entire share capital of the Swedish application services company Frontec Support and Operations AB (FSO) from the parent company Frontec AB. The organization now purchased will form Sonera Juxto AB, which will start providing Sonera's ASP services in Sweden. In addition, Sonera Juxto AB and Frontec AB have agreed on starting cooperation in selling and marketing.
Frontec Support and Operations AB provides management services for Frontec AB's e-business customers. The services comprise data system management and support services. Under the agreement, FSO's management services business, support services, customer agreements and application services provision are transferred to Sonera Juxto. At the time of purchase, the price of the deal is SEK 55 million. The final price will be determined by the company's financial result in 2001, the maximum price of deal being SEK 70 million.
"Frontec Support and Operations AB's experience in the Swedish application services market and the needs of the Swedish customers as well as the skillful personnel are a welcome addition to Sonera Juxto, now that the company is expanding its operations to Sweden," says Senior Vice President Jukka Leinonen of Sonera. "Sonera Juxto AB will be responsible for the provision of Sonera's ASP services in Sweden and focus particularly on developing the wireless use of application services."
"In the future, Frontec AB will focus on consulting related to eBusiness," says Per Tjernberg, CEO of Frontec AB. "ASP services are an interesting part of eBusiness. Sonera has both the ambition and the resources to provide new kinds of advanced ASP services in Sweden. Sonera's mobile Internet expertise provides significant added value for the customers."
The estimated revenues of FSO in 2000 amount to SEK 47 million. The company employs 58 people. The personnel will continue in the company, retaining seniority.
Sonera Juxto aims to become an internationally significant provider of application and management services. The company focuses particularly on providing access to application services from wireless terminal devices. ASP (Application Service Provision) is business in which a corporate customer rents a package comprising a licence to use applications and services, and the building, maintenance and updating of the applications and services concerned from an application service provider. In addition to application services, Sonera Juxto provides infrastructure management services covering workstations, mobile phones and other wireless communications devices, LANs, remote networks, servers, data processing platforms and partly also customer applications.
For further information, please contact:
Senior Vice President Jukka Leinonen, Sonera tel. +358 2040 66831, +358 40 553 7071 e-mail: jukka.leinonen@sonera.com Welcome to the press conference On Tuesday, 5 December 2000 at 9 a.m. (local time) World Trade Center, meeting room Paris, Klarabergsviadukten 70, Stockholm, Sweden
The press conference will be broadcast live on the Internet and is later available on-demand. You can take part in the virtual conference at www.sonera.com
quote.bloomberg.com
/Joar |
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| To: AmericanVoter who started this subject | 2/12/2001 11:59:49 PM | | From: Joar | | | | Mkt Sees Sonera's Glass As Half Full After FY Report
Dow Jones International News Services - February 12, 2001 09:47
By Poul Funder Larsen and Xueling Lin
Of DOW JONES NEWSWIRES
COPENHAGEN (Dow Jones)--Stock in Finnish telecommunications company Sonera Corp.(SNRA) has been hammered over the past year, but Monday's full year report predicting accelerated growth for 2001 may signal a tentative change in fortunes.
Sonera is forecasting increased sales growth this year despite a considerable slowdown in key communications markets and strong growth from its mobile Internet subsidiary Sonera Zed. Analysts welcomed the report after Sonera's disappointing earnings performance last year but they added a note of caution about strategic direction.
"The release today contained no negative surprises, and on the positive side Sonera seems to be showing healthy growth in its new business areas," said John Karidis, an analyst with Commerzbank in London.
At 1420 GMT Monday Sonera stock was trading at EUR17.40, up 1.3% on the day and above an intraday low of EUR16.05, touched shortly before release of the full-year numbers. Sonera has been a major casualty of the bear market for European telecommunications stock over the last twelve months. Down some 10% this year, it has lost more than 80% of its market value since hitting a peak of EUR97 in March 2000.
And policy issues are seen as central to the company's recovery.
"The key issues for Sonera aren't so much result numbers, they're strategic," said Jo Oliver, analyst with Lehman Brothers. "Sonera lacks scale and you need scale in mobile," he argues.
And Lars Horslund, analyst with Danske Securities in Copenhagen, also said that Sonera's ambitious international investments have yet to prove their worth.
"We think some of the projects, for example the 3G (mobile investment) in Germany, are too big. We just don't understand why they're doing it. It's too risky," he said.
All key earnings figures were already contained in a preliminary statement released Jan. 18, so what analysts were keener to hear about was the future.
Sonera was upbeat about Zed's potential, predicting sales "to increase fivefold this year from last year's pro forma figure of about EUR10 million."
Within six months Sonera expects Zed to be available to at least 80 million mobile phone users on three continents.
The company also said that sales of Sonera SmartTrust, its mobile security solutions provider, are likely to be twice as high as 2000's pro forma figure of EUR25 million.
Last year Sonera invested an additional EUR240 million in the development of its new businesses, including Zed, SmartTrust and its Applications Service Provider business that offers clients on-line access to software.
This large investment was a major reason for Sonera's lower than expected pre-tax profit, excluding one-off gains, of EUR310 million for the full year 2000 - down one-third compared with 1999.
Monday Sonera also reassured the market that a planned listing of Zed and SmartTrust is on track.
But Lehman Brothers' Oliver sounded a word of caution regarding Zed and SmartTrust.
"They're still young ventures which have a lot to prove. They've started to make commercial agreements....which is encouraging, but they need to show they can create value."
On the top line Sonera continued to grow its sales last year, up 11% to EUR2.06 billion.
A breakdown of the figures for Sonera's core operations in the full year report were also a shade stronger than expected, a pleasant surprise given previous disappointments, analysts said.
"The concern in January was there was no detail on domestic operations and profitability of mobile operations. As it was, the mobile numbers were in line if not a bit better than we'd expected," said Oliver.
Company Web Site sonera.fi
-By Poul Funder Larsen, Dow Jones Newswires; 45-3311-1524; poul.larsen@dowjones.com
(END) Dow Jones Newswires 12-02-01
1446GMT Copyright (c) 2001 , Dow Jones & Company Inc
hoovershbn.newsalert.com
/Joar |
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| To: AmericanVoter who started this subject | 4/30/2001 7:10:18 AM | | From: Joar | | | | Sonera agreement with German E-plus
April 30, 2001
Group 3 G signed a national GPRS/GSM roaming agreement with E-Plus
Sonera Corporation's German UMTS associated company, Group 3 G (Sonera 42.8%, Telefonica Móviles 57.2%), has signed a national GPRS/GSM roaming agreement with German mobile network operator E-Plus. The roaming agreement is nation wide and valid until 2012. According to the terms of the agreement, the price of the deal is confidential. Group 3 G will launch its GPRS/GSM service during the second half of year 2001.
Further information in Sonera:
Nina Siitari, Vice President,
Sonera Wireless Ventures
Tel: + 358 20 40 65542
e-mail: nina.siitari@sonera.com
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Up 8,5 % today at HEX for the moment
/Joar |
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| To: Joar who wrote (100) | 10/17/2001 8:59:55 AM | | From: James Douglas | | | | HELSINKI, Finland--(BUSINESS WIRE)--Oct. 17, 2001-- Nokia and the Finnish operator Sonera have conducted the world's first Wireless LAN roaming based on GSM technology. Sonera is making use of Nokia technology that allows mobile operators to offer broadband wireless Internet services in Wireless LAN access zones.
Roaming agreements between network operators enable subscribers to use network services provided by their operator's roaming partners when abroad. GSM roaming is the best example of this; operators have made more than 20,000 roaming agreements globally, and more than 500 million roaming phone calls are made every month.
Nokia Operator Wireless LAN technology is available commercially and utilises the existing GSM core network and roaming infrastructure. The subscriber uses a SIM card installed inside the Wireless LAN card. This makes it possible to use the card anywhere in the world within the access zones provided by local GSM operators, provided the operators have made an agreement on WLAN roaming.
For mobile operators, this will mean a substantial possibility to create the market now by offering broadband wireless Internet access to their own and to roaming customers within their WLAN access zones.
Sonera offers to its corporate customers broadband wireless Internet access based on Nokia's 11Mbit/s IEEE802.11b Wireless LAN technology. The Sonera wGate service provides wireless broadband access to Internet and intranet services in wGate service areas. This makes it possible for the travelling employees of corporations to take care of business matters when they are in a wGate service area. Sonera's wGate service areas have been established in airports, hotels and conference centers.
``Sonera believes in the fast adoption of WLAN services provided by operators, and we want to be a frontrunner in the development and offering of these services. Operator Wireless LAN services will in the future be an integral part of mobile Internet service offering, providing the best possible data transmission capacity. Solutions based on SIM cards will, in the very near future, enable easy and secure access to services both in the user's home country and abroad,'' says Mr. Pasi Tolonen, Vice President, Mobile Business Services, Sonera.
``The Nokia Operator Wireless LAN solution is being actively piloted by approximately 20 operators, and we believe many operators will launch their Wireless LAN services already during the first half of 2002,'' comments Mr. Kimmo Kaitala, General Manager, Operator Wireless LAN, Nokia Networks. ``The WLAN roaming now conducted with Sonera shows that operators can already make roaming agreements on Wireless LAN, because the existing GSM core network can be utilised. This will mean fast adoption of wireless LAN services all over the world. The services are especially beneficial to business travellers. They are as easy as using a GSM phone,'' he adds.
Sonera (HEX:SRA, NASDAQ:SNRA) is an international forerunner in mobile communications and mobile-based services and applications. By combining its expertise in mobile communications, the Internet and service provision, Sonera aims to develop into a global communications operator and provider of transaction and content services. The company also provides advanced data communications solutions to businesses, and fixed network voice services in Finland and its nearby areas. In 2000, Sonera's revenues amounted to eur 2.05 billion, and profit before extraordinary items and taxes was eur 1.86 billion. Sonera employs more than 11,200 people.
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.
Pictures available at:
www.nokia.com/press/nps_photo_archive/1,3009,future,00.html
www.nokia.com/press/nps_photo_archive/1,3009,hot_topics,00.html
Technical backgrounder available at:
www.nokia.com/corporate/wlan/index.html |
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