| Author | Message | ||
     Vjawarrior Hero Username: Vjawarrior Post Number: 11558 Registered: 02-2014 Posted From: 153.2.247.30 Rating: N/A |
Finland's data networking and telecom equipment company Nokia Networks cut 10 deals across the 2G, 3G and 4G platforms in India during the third quarter to September, propelling the local unit's revenue to its highest growth in percentage terms over a year. Speaking to ET, Nokia Networks' head of India region Sandeep Girotra said the company surpassed its nearest global rival in terms of revenues during the third quarter. The company will expand its bouquet of managed services in the country, he said, adding that Nokia Networks' global revenue growth in the six months to December is slated to top last year's levels, in which the India unit will be a key business driver, amid surging data momentum and easing regulatory head winds. Nokia Networks India signed as many as 10 deals in the third quarter, across its mobile broadband and global services business units. These include a blend of 2G/3G expansion contracts, new 4G network deals and several managed services contract renewals. We have also ramped up our managed services delivery capability to newer technologies, through fresh deals. At a macro level, operator data revenue saw a metric upsurge and regulatory uncertainty is starting to melt, which obviously contributed to the strong Q3 number |
