- Article cites consumers being far less likely to replace their mobile units with newer replacements, which make up 75% of all sales for most manufacturers

Other headlines for [NOK]

• ENWV Yesterday 05:00pm
  Endwave Corp Cuts Q4 sales guidance to $10M (had seen $12-13M); Guides FY09 sales down about 10-15%- Cites weak demand from telecom customers. - Says contraction in telecom sales has been larger than previously more...
  
• NVT 1/6/2009 03:00am
  NAVTEQ Corp. Completes acquisition of T-Systems Traffic, GmbH- T-Traffic is a provider of traffic services in Germany, with approximately 55 employees. - The acquisition will enable the launch of NAVTEQ more...
  
• 1/2/2009 06:01am
  SIA Semiconductor agency notes that sales fell in Nov to $20.8B v $23.1B y/y- ''Worldwide economic crisis is having an Impact on demand for Semiconductors' and not all segments of the industry are more...
  
• NOK 1/1/2009 06:18pm
  Nokia Ab OY CEO said his company is better placed to deal with the current economic slowdown than its peers - FT- No further details at this time
  
• 12/30/2008 10:54pm
  Demand for mobile phones worldwide expected to grow by 8% in 2009 - The Economist- Developed world demand to revolve around internet-enabled devices - Emerging markets will see heavy investment in more...
  

Telecom sector headlines

• CYCL Today 04:52pm
  Centennial Communications Corp Reports Q2 $0.03 v $0.11e, R$261.9M v $262Me
  
• IDCC Today 04:03pm
  InterDigital Communications Corp Signs iWOW to Worldwide 2G and 3G Patent License Agreement; Financial terms not disclosed- The agreement covers the sale of wireless terminal units and infrastructure, including wireless more...
  
• S Today 03:41pm
  Sprint Nextel Corp CEO: weakening economy had only a minor impact on company in Q4
  
• VZ Today 02:47pm
  Verizon Communications Unit wins $108M contract from NASA for conference services- NASA has awarded Verizon Business of Ashburn, Va., a contract to provide conferencing services for the agency. Verizon Business will more...
  
• NOIZ Today 01:00pm
  Micronetics Inc Gets order worth over $8M- New Jersey-based subsidiary, Microwave Concepts has been awarded a firm fixed contract from a leading defense contractor for microwave assemblies used in a high performance more...