Nokia to Supply CDMA Phones for $165 Mln to Telefonica Celular
Helsinki, June 1 (Bloomberg) -- Nokia Oyj, the world's No. 1 cellular phone maker, said it will supply phones worth $165 million to Telefonica Celular, a Brazilian mobile phone operator.
The phones, the 6180 and 5180 series, are based on the so- called Code Division Multiple Access system. Deliveries will start this month.
''To guarantee quality and customer service efficiency we will continue to look for high quality partners such as Nokia,'' said Paulo Cesar Texeira, operations vice president at Telefonica Celular in a statement.
Last week, Bell Atlantic Mobile, the wireless division of Bell Atlantic Corp., delivered a snub to Nokia when it said it would buy 1 million Motorola Inc. digital wireless phones and accessories from the second-largest cellular phone maker.
Nokia shares rose 2.05 euros, or 3.0 percent, to 71.05 in Helsinki.
Jun/01/ 99 8:23 |