Nokia reported 40% year on year device volume growth and net sales growth of 29% in the first quarter. Net sales topped EUR 9.5 billion in 1Q 2006, increasing from EUR 7.4 billion in 1Q 2005.

• Nokia expects the world wide mobile device market volume to grow 15% or more in 2006, from the estimated 795 million units in 2005.
• China and increasingly India are leading the growth in global mobile phone market and so for Nokia.
• China is adding about 5.4 million subscriber a month while India closely following with 5 million subscribers a month. US new additions run arte is about 2 million a month.
• China has added  67 million new subscribers in 2005 and is currently over the 400 million mark.
• India has added 37 million new mobile subscribers in the last 12 months, nearing a total mobile subscriber base of 100 millions.
• US has added 25.7 million subscribers in 2005 to reach a total subscriber base of 208 million.