There are a number of statistics to indicate that about half of the world's population has yet to make their first phone call. And our investment thesis is that over time, almost all of those users who make that first phone call will do so over a wireless phone. Nokia (NOK) indicated yesterday that there are about 520 million wireless subscribers today, and that number is expected to top a billion in 2002. We think it could top a billion and a half by 2004.
Quotes about nok (2 Quotes)
Phone.com is going against some well-capitalized and profitable entities -- Nokia (NOK) and Ericsson. It obviously felt that having more heft would help it to compete with software developers. And Software.com gets an entry into the wireless infrastructure space -- a space that everyone wants to play in. The combined entity will have its work cut out for it.