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Tue, Dec 03, 2002 - Page 12 News List

World business quick take

Film industry

MGM's Bond-release No. 1

Metro-Goldwyn-Mayer Inc's Die Another Day, the 20th James Bond spy adventure, was the No. 1 movie over the five-day holiday weekend with US$46.3 million in sales in the US and Canada, edging Harry Potter and the Chamber of Secrets. AOL Time Warner Inc's Harry Potter made US$45.8 million. It grossed US$200.3 million in three weeks, according to Exhibitor Relations Co, which tracks box-office receipts. When ranked for Friday, yesterday and today, the Potter sequel at US$32.2 million edged the Bond movie, which had US$31 million. MGM has been looking for a No. 1 film after disappointing box-office performances from films such as Windtalkers and Rollerball. The new Bond movie, with US$101.6 million in receipts after only two weeks, is doing much better than previous films about the British spy, analysts said.

Mobile phones

Telstra has new services

Telstra Corp, Australia's biggest phone company, said it introduced the country's first third-generation mobile phone service for businesses, allowing customers to access their e-mail, intranet and Internet. The wireless services, initially available to business customers in Sydney and Melbourne, allow users to check data at speeds almost comparable to a desktop computer, the company said in a statement to the Australian Stock Exchange. "Telstra is committed to evolutionary progress with third-generation wireless services based entirely around customer experiences and demand," said David Thodey, Telstra's mobile unit managing director. The Melbourne-based company has previously said it won't rush the introduction of new high-speed wireless Internet services until it's clear customers want them.

Agencies

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