Nokia bullish on mobile growth

Multi-radio future to encourage internet use on the move
Iain Thomson, 13 Jun 2005

Nokia said today that it expects strong growth in the mobile phone industry over the coming years, and has vowed to change its strategy to suit these upbeat market predictions.

Nokia’s chief technology officer Pertti Korhonen told that he expected the number of worldwide mobile subscribers to reach two billion by the end of the year, before rocketing to three billion by 2010.

The company itself expects a 15 per cent increase in subscriptions this year, and to see a rise of 23 per cent in revenues from data services.

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