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Domer,

I would share those fears if it weren't for the fact that Nokia is well the way to transforming cell phones into wireless Internet access devices. Although this increases the number of potential competitors, it also increases the number of potential customers. (For example, even though I'm a Nokia shareholder, I doubt if I'll ever buy a Nokia cell phone, because I have no need for one. However, I can easily see myself buying a Nokia Internet access device.) Additionally, it should stave off commoditization for a while.

For more information, you might want to take a look at the Q1 conference call transcript <http://www.nokia.com/investor/1999/1Q/review.html> where the president of the mobile phones division describes plans for Mobile Media Mode (and WAP-enabled devices). Here's an excerpt:

In our vision, the Internet will go mobile, just as voice communication has.

One of the key enablers of Mobile Internet is the Wireless Application Protocol or WAP. WAP enables Internet content to be distributed to and displayed in standard mobile phones.

Our strong belief and trust in the success of WAP is based on the fact that it brings benefits to all parties within the value chain: it's a winning game for consumers, content providers, operators and terminal manufacturers alike.


ciao,
umberto
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