Finland's Wireless Fast Track Thanks in large measure to mobile handset pacesetter Nokia, this small nation, about the size of Montana with a population of some 5 million people, is where the rest of the world looks for wireless guidance. But so far no one is willing to put it together. Printer friendly version.
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At least that's the way the dispute between Lucent Technologies Inc. and Winstar Communications, a young wireless company, is shaping up. And like many divorces, this one may get nasty. Trading of Winstar shares, which closed Tuesday at 14 cents, was halted yesterday on the Nasdaq Stock Market. To move that process along, Lucent made loans to the smaller companies to help finance the build-out of their networks. The arrangements are known as vendor financing deals.