[Contracts to be finalized in the next few weeks with UMTS contracts also strong likelihood.]

"HB/Dow Jones. Siemens AG said Friday that it is in concrete talks with mobile telephone providers in Germany and Italy to build third-generation networks, and expects to seal a number of contracts in the next few weeks.

"Siemens spokesman Peter Gottal said the negotiations are at a highly sensitive stage, and so the company is not yet able to name its potential partners

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