Ollila explained to the audience how innovative new mobile services like games, imaging and music combined with a strategy to make voice-centric handsets accessible to consumers in emerging markets are the basis of Nokia's vision to help grow the global subscriber base to 2 billion mobile users in 2008. He went on to detail Nokia's three-fold approach to the Latin American market: A commitment to Nokia's local presence and understanding of each unique market in the region, a focus to reduce the total cost of ownership, and to make Nokia the preferred brand for consumers across Latin America.
"Nokia sees more than 80 percent of global mobile subscription growth coming from emerging markets over the next five years," said Ollila. "In Latin America, we foresee the number of mobile subscribers exceeding 170 million in 2008, making this region one of great importance for Nokia over the coming years."
Three new handsets, each operating on one of the three major wireless standards in operation across Latin America were also introduced:
- For CDMA markets, Nokia introduced its first CDMA camera phone, the Nokia 6225 handset. The Nokia 6225 phone features cdma2000 1X capability, a high-resolution VGA camera and Java(TM) technology.
- Demonstrating its commitment to the TDMA market, Nokia introduced the Nokia 6560 phone, the world's smallest color-screen TDMA handset. Along with its small size, the Nokia 6560 phone features Java technology, a built-in hands free speaker, and an XHTML browser.
- Nokia also debuted the tri-band GSM Nokia 3200 phone, a camera phone that allows for the ultimate in personalization with user-created cutout covers. The Nokia 3200 phone features EDGE technology, a high-resolution color display, and an XHTML browser.
About Nokia
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.
Media only please contact:
Media Relations
Nokia Americas
972-894-4573
communication.corp@nokia.com
Industry Analysts only please contact:
Virve Virtanen
Nokia Americas
972-894-6331
virve.virtanen@nokia.com
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