Nokia announces $100 million contract with AT&T Wireless Services.IRVING, Texas--(BUSINESS WIRE)--Aug. 5, 1996--Nokia (NOK NOKIn currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. .A), the world's second largest manufacturer of cellular and wireless phones, today announced it has signed a contract with AT&T Wireless Services, Inc. (AWS AWS Amazon Web Services AWS American Welding Society AWS Advanced Warning System AWS Advanced Wireless Services AWS Automatic Weather Station AWS Alien Workshop (skateboard company) AWS Austria Wirtschaftsservice GmbH ) valued at more than $100 million for cellular handsets. Nokia will supply AWS with Nokia-branded analog and digital mobile phones for distribution in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The phones will be manufactured at Nokia's facilities in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. . In March, Nokia announced the first available dual mode AMPS/TDMA phone, the Nokia 2160, designed to work on the new IS-136 TDMA (Time Division Multiple Access) A satellite and cellular phone technology that interleaves multiple digital signals onto a single high-speed channel. For cellular, TDMA triples the capacity of the original analog method (FDMA). digital cellular network. AWS is the first carrier to implement IS-136 TDMA digital features into their existing TDMA networks. The phone supports new IS-136 network features such as call forwarding, calling line identification, call waiting, selective call acceptance, short message service and voice privacy. Nokia's world leading user interface, like that of the Nokia 2160, will help users to enjoy the benefits of the new, advanced digital features. "We are pleased to continue our relationship with the AT&T family of companies," said Kari-Pekka Wilska, president of Nokia Inc. "AWS's implementation of IS-136 TDMA network features represents a major step in the industry's effort to deliver the benefits of digital wireless service to the growing number of mobile subscribers." Finland-based Nokia is an international telecommunications company with 1995 net sales Net Sales The amount a seller receives from the buyer after costs associated with the sale are deducted. Notes: This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight of $8.4 billion. Nokia is Europe's largest manufacturer of mobile telephones, a pioneer in digital switching and wireless communications, and a significant supplier of advanced access systems including home terminals. Nokia shares are traded in the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol NOK.A. The shares are also traded in Helsinki, Stockholm, London, Paris and Frankfurt. Nokia is the title sponsor of the Nokia Sugar Bowl college football classic held annually in New Orleans. CONTACT: Nokia Inc. Kari-Pekka Wilska, 214/257-9813 Nokia Mobile Phones Megan Matthews, 214/257-9573 Crescent Communications Bill Maguire, 770/698-8650, ext. 119 http://www.nokia.com |
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