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Nokia and Aina Group Collaborate in Developing a New MVNO Concept

Nokia Also Selected to Supply Core Network to Aina Group

ESPOO , Finland, Nokia (NYSE: NOK) and
Aina Group, a regional Finnish content and service provider, have announced a
frame agreement to develop Aina Group's unique media-based mobile virtual
network operator (MVNO) concept.

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On July
13, 2005 the Company announced the acquisition of WDLP-TV, a full -power
television station serving South Florida.

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, Spanish
Broadcasting System, Inc.
The transaction, announced in the third quarter of 2004, was officially
consummated upon receipt of the final $65 million payment made by Styles
Media, in accordance with contractual terms agreed to by both parties. The Company also produces live
entertainment concerts and events throughout the U.S ."
About Aina Group
Aina Group, headquartered in Hameenlinna, Finland, operates in three
synergic business areas: media, telecommunication and information technology.

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Aina Group is involved in both the media and fixed and mobile operator
businesses and its proactive concept responds to the challenges the
traditional media and the ICT industry are facing. http://www.

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and Puerto Rico . We highly appreciate Nokia's interest and commitment to this
cooperation," Nevanlinna continues .

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SBS Consummates Sale of KDAY-FM and KDAI-FM

spanishbroadcasting. Nokia will also
provide Nokia NetAct(TM) Traffica for real-time network monitoring, plus
implementation, systems integration, start -up, care and training services. Aina Group offers personalized services for niche
consumer segments , such as newspaper subscribers, on regional basis, and
solutions for enterprise and public sector customers in Finland. "The collaboration
brings mutual benefit for both companies.

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The Company's
corporate website can be accessed at http://www.
In addition, Nokia will supply Aina with a circuit switched core network,
including the Nokia Mobile Switching Center, Home Location Register ,
Intelligent Network, and Nokia Number Portability solutions.
"The readers of the local newspaper will benefit from our Armas GSM
subscription that offers mobile services such as news, events, directories ,
weather and special offers from local shops.

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ainagroup.

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The Company also operates
LaMusica.

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fi
About Nokia
Nokia is a world leader in mobile communications, driving the growth and
sustainability of the broader mobility industry.

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, ("SBS"; Nasdaq: SBSA) announced today the
completion of its sale of radio stations KDAY-FM and KDAI-FM in Southern
California to Styles Media for $120 million.
Aina targets to become a recognized modern service provider utilizing
co-operation between its business areas, latest technology and provides
comprehensive full service to its customers.

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Styles Media Completes $120 million Acquisition

COCONUT GROVE, Fla.

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"Aina has a unique regional MVNO business concept with links to media,
consumers, and enterprises.

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com, a bilingual Spanish -English online site providing content
related to Latin music, entertainment, news and culture. We differentiate ourselves from other operators
with customized service offering," says Jaakko Nevanlinna , CEO, Aina Group.
"Nokia is excited about Aina Group's new MVNO concept," says Mika
Vehvilainen , Senior Vice President, Networks, Nokia. Nokia connects people to
each other and the information that matters to them with easy-to-use and
innovative products like mobile phones, devices and solutions for imaging,
games, media and businesses.

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S. For Nokia, this is an excellent
opportunity to test new ideas and development projects with a mobile virtual
network operator with special focus on media and customized mobile services.

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Upon the completion of all
previously announced transactions, SBS will own and operate 20 radio stations
located in the top Hispanic markets of New York, Los Angeles , Miami, Chicago,
San Francisco and Puerto Rico, including the #1 Spanish-language radio station
in America, WSKQ-FM in New York City, as well as 3 of the Top 4 rated radio
stations airing the Tropical , Regional Mexican, Spanish Adult Contemporary and
Hurban format genres and the highest billing Latino -formatted stations in each
of the three largest U. Nokia provides equipment, solutions and services
for network operators and corporations.

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About Spanish Broadcasting System
Spanish Broadcasting System, Inc. Hispanic markets."
"It was easy to choose Nokia, which turned out to be the most flexible
supplier for us.

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is the largest Hispanic-controlled radio
broadcasting company in the United States.com

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Aina's media-based virtual
service operator concept generates revenues not only for operators, but for
media companies as well.