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Friday, July 30, 2004

MSN Money - US:MOT Recent Stock News: Investing

MSN Money - US:MOT Recent Stock News: Investing

Motorola says will be No.1 again in handsets-paper
July 30, 2004 01:42:00 AM ET



HELSINKI, July 30 (Reuters) - Global No. 2 handset maker Motorola will regain the top spot globally from Finland's Nokia in the coming years, helped by a raft of new phone launches, an official was quoted as saying on Friday.

"We now have new phone models for every segment in all markets," Allen Burnes, Motorola's (MOT) marketing and sales head for Europe, the Middle East and Africa, was quoted as saying in Finnish business daily Kauppalehti.

"Already this year we are significantly strengthening our number two position in the market. It is fully realistic that we will pass Nokia and return to the market leader spot in just a few years," he said.

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