By Chris Holbrook, 23 November 2000 11:05
NEWS In a Financial Times article, Keiichi Enoki, director of NTT DoCoMo's iMode arm, said European telecom operators would struggle to justify the $100bn spent on securing licences for Europe's 3G airwaves. 3G technology is proving unsuitable for carrying large data packets, the main revenue streams associated with the new mobiles, according to Enoki's testing team at iMode. With 3G networks expected to be up and running across Europe by early 2002, the market reflected Enoki's pessimism, with Dutch telecom operator KPN's shares falling 2.8 per cent on the news. However, as companies such as BT head towards a £30bn 3G debt, Siemens AG have announced a $422.3m deal to supply the technology to its German strategic partner, Vodafones Mannesmann Mobilfunk.
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