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NSN signed seven deals in India during first half

Deals include fresh wi-fi contracts with two operators and renewal of 2G, 3G contracts with three telecom players

Sounak Mitra New Delhi
Global telecom equipment maker Nokia Solutions and Networks (NSN) today said it has signed seven deals in India during the first six months of this year.

The deals include fresh wi-fi contracts with two operators and renewal of 2G and 3G contracts with three telecom players.

The company, however, did not disclose the name of the players and amount of the deals.

Stating that the market situation is challenging from the overall capital expenditure standpoint, NSN Vice President and Head of India region Sandeep Girotra said the company is widening its presence within the existing customer base.

"We are in a competitive industry, we are widening our presence...We signed seven deals in H1 (January-June period)," Girotra said at a press conference here.

The revenue from Indian operations during the period was 314 million euro and the company is improving profitability, he said, adding that India revenue contribute around six per cent to NSN's global revenues.

Girotra said the deployment of 3G services network is likely to take off in a significant manner over the next few years, as there is ample demand for the technology.

"There is plenty of demand for 3G...Its rollout will happen and 3G coverage will be build in the coming few years," Girotra said.

Asked about the regulatory environment in the country, he said operators are the first ones to be impacted by the regulatory environment but since they (network providers) too are part of the value chain, they are also impacted by the changes.

The company, which has a staff strength of 3,000 at its Bangalore R&D centre, applied for 25 patents last year.

It has also invested $75 million in the country for its manufacturing facility till now.
 
 

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First Published: Aug 12 2013 | 6:44 PM IST

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