Nokia Increases 2006 Handset Sales Expectations
Speaking yesterday at Nokia's AGM, company Chairman and CEO Jorma Ollila traced the rapid rise of mobile communications and described the nature of the industry now. Ollila described how the size, growth and dynamics of emerging markets are increasingly driving demand. He repeated the company's earlier statements that Nokia expects approximately 80% of the next billion subscribers to come from the emerging markets, and that Nokia expects the global mobile subscriber base to reach three billion during 2008.