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Nokia Lands $1 Billion In Contracts To Provide Networks In Europe.(A)
Byline: AP
Nokia Corp., the world's biggest cell phone maker, willprovide third-generation, or 3G, mobile phone networks in Britain, France and Germany, in deals worth $1.3 billion.
The agreements, with Britain's Orange, France's Itineris and Germany's MobilCom, were announced by Nokia on Tuesday, a day after it clinched similar deals with Britain's Hutchison and Australia's Cable & Wireless Optus with a total value of almost $900 million.
Under the three-year contracts, Nokia will provide mobile core and radio networks for the ...
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