More positive 3G news

Here's another positive look at 3G in Europe. After recent aerticles, reports and news items have repeatedly killed of 3G in Europe before it even get's started, Business Week has this commentary. A sober look at what is actually happening on the 3G scene.

The article makes the sensible point that even though 3G is far from the super-hype of 2 years ago, it's still happening and will be available some time withing the next 2 years in most European markets. It's just become a realiustic business venture once again.

"Despite alarm bells, 3G technology is far from deceased in Europe. The first 3G handset from industry leader Nokia Corp. is set to be announced Sept. 26, though large volumes won't be available until 2003. The region's operators will order roughly $1.5 billion in 3G equipment this year and $5.5 billion next year, figures brokerage WestLB Panmure. Network construction is well under way, albeit at a slower pace than earlier predicted; in Spain, for instance, Telefónica Móviles has already installed 750 Ericsson 3G base stations in 21 cities for a likely commercial kickoff next year. Test networks are running in two dozen European countries, and by the end of this year, commercial 3G services should be launched in Britain, Finland, and Italy. "It's not a question of whether 3G will happen," says analyst Per Lindberg of brokerage Dresdner Kleinwort Wasserstein. "It's already here.""

Article:
BW Online | September 2, 2002 | Commentary: There's Plenty of Life Left in 3G Wireless