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Technology Stocks : Nokia (NOK)
NOK 6.500+1.9%Dec 19 9:30 AM EST
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From: niceguy7679/3/2013 5:58:11 PM
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#NSN to get $200 million network upgrade contract from Vodafone India. Kamal Mishra September 3, 2013 Home, News


A good news in a rather gloomy day today!! NSN is most important and profitable part of Nokia now, and it is about to score a new win soon. ET reports that NSN may soon bag a contract from Vodafone India for upgrading its 2G and 3G networks. The deal is worth $200 million.



The Indian unit of UK’s Vodafone Group is likely to soon award a nearly $200-million (around Rs 1,340 crore) contract to Finland’s Nokia Solutions and Networks (NSN) for upgrading its 2G and 3G networks, two people with direct knowledge of the matter told ET.

Vodafone India is likely to mandate NSN India to enhance capacities in 19 second-generation (2G) and six third-generation (3G) networks where the Finnish gearmaker is its mobile infrastructure and managed services delivery partner, the people said.

Thanks Tom for the Tip. Cheers!!
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