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Technology Stocks : Nokia (NOK)
NOK 6.500+1.9%Dec 19 9:30 AM EST

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From: niceguy7679/9/2013 5:05:11 PM
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#NSN wins big. #Telefonica to buy infrastructure worth $743 million from NSN. Kamal Mishra September 9, 2013 Home, News


NSN has just secured a big win in form of Telefonica deal. According to the reports, Telefonica has closed a financial deal worth $749 million to buy infrastructure from NSN. It is really significant, as Telefonica is one of the major operators in the world now and this deal boosts NSN’s position in global market.

As reported by Reuters,

Spain’s Telefonica said on Monday it had closed a financing deal worth $743 million to acquire infrastructure from Nokia’s Nokia Solutions and Networks.

Thanks Patrick for the Tip. Cheers!!
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