Record mobile sales show hope for industry

6 Jan 2003

In December Finland – a country regarded as an indicator for mobile phone trends because of its high penetration rate and advanced range of services – reported a new record for mobile handset sales, leading the industry to breathe a sigh of relief. The news comes after equipment manufacturer Nokia rattled the sector just before Christmas by lowering fourth quarter sales estimates and claiming that customers were sticking to the older, cheaper models rather than splashing out on the newer designs. The total number of new handsets delivered in Finland in December climbed to around 175,000, beating the country’s previous record of 171,582 in the halcyon days of September 2000. According to the Finnish Mobile Communication Suppliers Association, the majority were new-style models with colour screens and picture messaging facilities. The Association also said that sales were actually held back by the availability of handsets, claiming that if more phones could have been shipped, more would have been sold.