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It is followed by Nokia Solutions and Networks India Pvt Ltd that has received incentives of Rs 46.92 cr, Tejas Networks Rs 32.66 cr, Flextronics Technologies (India) Rs 30.6 cr
Nokia phone maker HMD is shifting a significant portion of its manufacturing from China to India as part of its global expansion strategy
As part of the agreement, Nokia will supply its 7250 IXR-10e platform to ensure multi-terabit interconnectivity within Microsoft's data centres
The 'multi year' deal is the second 5G order announced by telecom operators in the last two-months
The agreement is expected to enhance Airtel's 5G capacity while supporting its network transformation efforts and modernise its 4G network
In September, Vi announced a mega $3.6 billion or Rs 30,000 crore deal with global telecom equipment makers Nokia, Ericsson, and Samsung, for the supply of network equipment over a three-year period
A manufacturing setup by Dixon Electro, a step-down unit of Dixon Technologies, will produce up to 10 million devices annually at its facility in Noida, it added
During the July-Sept period, Ericsson's India revenue plunged 68% Y-o-Y, while Nokia's India sales saw a 43 per cent Y-o-Y dip. Both firms supply network solutions to telecom operators in India
A Nokia spokesperson confirmed the company had opened consultations relating to laying off 350 employees in Europe but declined to comment on Greater China
Nokia's total addressable market in telecom stands at around $84 billion
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs
The partnership will focus on 'zero-traffic, zero-watt operation', reducing radio network's power consumption during periods of no traffic, thereby conserving power and optimising energy management
As part of the new agreement, Ericsson will upgrade Vi's existing 4G networks and introduce 5G in key areas, including Delhi, Kerala, Chhattisgarh, and Rajasthan
The telecom sector is a prime target for cyber threats due to the large amounts of sensitive data it stores, such as credit card details and social security numbers
Supplies under the new contract will start arriving in the coming quarter, Vodafone Idea said, adding that its top priority remains to expand the 4G coverage
In July, Amazon sued Nokia in a Delaware federal court, accusing the Finnish group of infringing a dozen Amazon patents related to cloud-computing technology
Overturns division bench verdict on Nokia Solutions
The contracts will address 300,000 new 4G base stations, with Ericsson, Nokia, and Samsung supplying about 50 per cent, 45 per cent, and 5 per cent of the equipment, respectively, over three years
"The Board fully supports President and CEO Pekka Lundmark and is not undergoing a process to replace him," Nokia said in a statement
Nokia said the fibre deal with AT&T is "Build America, Buy America-compliant", to meet the requirements of U.S. government funding