Nokia Introduces Three New Mobile Phones

Tue, 21 Feb 2006

The world's top handset makers, Nokia, launched three new phone models on Monday, saying it hoped to sell "tens of millions" of its new slim 6131-camera phone.

"We believe this will be one of the most sold mid-range phones in the world," Kai Oistamo, head of Nokia's Mobile Phones unit, told Reuters at the 3GSM trade show in Barcelona."

Nokia also said it expected a sharp increase in users of third-generation mobile networks, with Chief Executive Jorma Ollila predicting it would sell 40 million 3G phones in 2006, compared to the around 50 million current users of Wideband-CDMA networks worldwide.

Ollila also said," The firm would sell some 80 million handsets with music players this year, up from around 40 million in 2005, and more than 150 million models with a built-in FM radio."

Nokia phones support the Unlicensed Mobile Access (UMA) technology that gives users an opportunity to make phone calls over the Internet

Nokia said the clamshell shaped 6131 would retail for around 275 euros ($326.9), excluding subsidies and value added taxes.

"They have torn up the design they had and come out with what the market and consumers are looking for. This phone will hit the sweet spot of the European market," said Gartner analyst Ben Wood.

"We have worked on the mid-ranged phones extensively, we have completely renewed our mid-range portfolio in the last six months," Nokia's Oistamo said.

Oistamo said the company, which made one in three handsets sold last year, still aimed for a 40 percent market share, but declined to say when would this target be reached.

"It's a very real goal and we are working toward this," he said.

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