Global mobile telephone market continues to grow

November 8, 2004 The global mobile telephone market continues to grow, with research company In-Stat/MDR forecasting 2004 global shipments of mobile phones will increase 22% this year to 653 million units. Nokia remained the number one cell phone manufacturer in the world in the third quarter of this year, according to In-Stat. In the period ending September 30th, Nokia had 31.2% market share, virtually unchanged from a year earlier, but up slightly from the two previous quarters.

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