Egypt achieves record primary budget surplus of EGP 629bn despite sharp fall in Suez Canal revenues    Escalation in Gaza, West Bank as Israeli strikes continue amid mounting international criticism    Egypt recovers collection of ancient artefacts from Netherlands    Resumption of production at El Nasr marks strategic step towards localising automotive industry: El-Shimy    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, UNDP discuss outcomes of joint projects, future environmental cooperation    United Bank achieves EGP 1.51bn net profit in H1 2025, up 26.9% year-on-year    After Putin summit, Trump says peace deal is best way to end Ukraine war    Jordan condemns Israeli PM remarks on 'Greater Israel'    Egypt's Supreme Energy Council reviews power supply plans for 14 industrial projects    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egypt's FM discusses Gaza, bilateral ties in calls with Saudi, South African counterparts    Egypt prepares to tackle seasonal air pollution in Nile Delta    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egyptian pound closes high vs. USD on Tuesday – CBE    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egyptian market priority for Nokia
Published in Daily News Egypt on 14 - 09 - 2006

The company s strategy in the upcoming phase and the tastes of local consumers
CAIRO: With the number of current mobile phone subscribers topping 14 million and with the new third mobile network operator coming arriving, Nokia s Tomi Paatsila stresses the significant and ongoing growth in the market.
During a visit to Cairo this week, Paatsila emphasized the importance of the Egyptian market within Nokia s global and regional operations. While his visit, which included meetings with customers and associates, was short, he says the reason behind it is the significance of the local market.
Paatsila, the vice president of Nokia s mobile phone sales and market operations in the Middle East and Africa, points to expectations that the number of subscribers will reach the 20-25 million ranges in 2010. This doesn t mean that the company will be changing strategies; we are just using our wide portfolio, he says.
Citing the wide range of cellular lines the company offers and that cater to various needs, he says in Egypt there are two main categories: the entry market and the more sophisticated consumers.
Since market penetration rates are on the rise, so far first-time users have constituted the bulk of consumers and they continue to do so. Standard basic devices suffice for the needs of this type of consumer. This is why models 1110i and 1100 have been popular on the local level.
But Paatsila notes that there is a growing market for sophisticated consumers. During his short stay in Cairo, he paid a number of visits to retail stores and witnessed first-hand consumers asking for more advanced functionalities, including camera resolutions and music downloads.
Development in consumer needs is expected in the long run. It s a stage where the market develops, because it is very unlikely that if you purchase your first phone it will be a third generation cell phone. You might start with the standard devices. But a natural evolution in usage is expected nonetheless, whereby entry-level consumers will voice sophisticated demands and move to the second and third generation technologies as they make their second, third and fourth purchases.
For the time being, Paatsila says the Egyptian market's significance to the company has led to the tailoring of phones to local taste. A couple of the things we heard here is that design plays a very important role. People value the design . Music is a very important thing for many people, he explains.
With these two elements in mind, Nokia has been introducing locally a number of cellular lines targeting style-oriented consumers and those interested in music.
Nokia is also working closely with current mobile operators to make sure it is selling the devices that are inline with their services. Paatisla says that the company s biggest investment is listening to the consumers and studying their needs.
We are very committed to the Egyptian market. We are constantly building up our presence in the Egyptian market, to serve our customers even better than we do today, he adds.
He says future strategies would focus on lowering the total costs of ownership, to make phones more affordable to consumers.


Clic here to read the story from its source.