TelecomDirect News Daily Update - Friday, March 3, 2006

******************************** PricewaterhouseCoopers Presents The TelecomDirect News Daily Update For March 3, 2006 ********************************

Nokia Sees Handset Replacement Driving Mobile Sales in 2006

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Nokia expects that mobile handset replacements will push its global sales this year. The Finnish vendor estimates that replacements will account for more than 60% of its total sales in 2006. Significance: With mobile penetration reaching or exceeding 100% in mature mobile markets, handset manufacturers now rely upon customers upgrading...

Deutsche Telekom's 4Q Net Profit Down

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FRANKFURT, Germany -- Deutsche Telekom AG, Europe's largest telecom and parent of the T-Mobile cell-phone brand in the U.S., said Thursday its fourth-quarter profit fell 43 percent due to a charge on its British wireless operations and lower sales of traditional telephone services. However, full-year profit grew strongly and the company...

Nokia Ousts Design Head

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ESPOO, Finland -- Nokia (NYSE:NOK) today announced it will strengthen its multidisciplinary design unit by forming a single company-wide design organization. The new global team will be responsible for the entire design process, from strategy and conceptualization to product development, for Nokia's complete portfolio of devices. This...

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