Jorma Ollila Mobile Quotations

Mobile can drive Internet usage, so we all will benefit,

Mobile can drive Internet usage, so we all will benefit. The pie is growing, and everybody can get his or her slice.

Half of the mobile phones sold this year will be sold in developing countries.

Based on our strong performance and preliminary market data for the first nine months in 1998, we now feel confident in declaring that we have significantly increased our market share in mobile phones to become the largest manufacturer of mobile phones worldwide,

China currently has 380 million mobile subscribers. We believe that by 2010, China will have added another 250 million mobile subscribers, making it the single largest mobile market in the world.

We anticipate that there will be a long-term sustainable demand for mobile telephony in the fast growing Indian market. In fact, we estimate that India will become the world's second biggest mobile device market when measured by volumes in year 2010.

We strongly believe that the technological developments announced here today will provide the basis for a future of faster, easier and more cost effective mobile telephony services.

In mobile devices, we have been making excellent progress in expanding and upgrading our product offering, which is the broadest in the market and caters to all relevant consumers and trade customers globally,

India will be the second-largest mobile handset market globally by 2010 after China. Nokia is working closely with telecommunications service providers to reduce the cost of ownership and make more affordable and attractive handsets.

Nokia is working closely with operators and other stake holders to lower the total cost of ownership and usage of mobile communications.