Tim May wrote:
3G is having problems, according to a news item I saw this weekend. Apparently a bunch of analysts and journalists were invited to Helsinki or somesuch to get a demo of the 3G and video capabilities. The demos failed, and Nokia and others were forced to show simulated capabilities.I don't know about that particular demo but Nokia is mainly a company for cellphone manufacturing - that4s why their results are still in the green - and not a leader of 3rd (or 4th) generation network development. Now, Ericsson on the other hand...
Meanwhile, France and other Europe nations are looking for EU bailouts of their telecom industries. France Telecom has a staggering debt, partly due to paying so much for 3G licenses while the bubble was still inflating.
As you say, the crazy bubble auctions of 3G networks are ruining most of the European telecom service operators, reflecting on the 3G technology developers. Massive bailouts (with interesting consequencies for the map of Telcom's) are in the melting. But what about the "new technology" electromagnetic frequencies auctioned away by the US a few years ago? Didn't they reach such ridiculous prices?
- - Mob
(Ericsson shareholder...)
