Nokia may replace Huawei gear in parts of Vi network
Business Standard|March 12, 2022
This could be one of the largest deals for the Finnish company: Sources
SUPANTHA MUKHERJEE & ABHIRUP ROY
Nokia may replace Huawei gear in parts of Vi network

TECH SHIFT

  • 12,000 5G-ready radio sites to be deployed by Nokia in Vi's network as part of the deal
  • 4,000 small cells to also be included Telecom operators have been reducing their dependence on Huawei after certain security concerns
  • Several countries, including the US, Britain and Sweden, have blocked operators from using equipment made by Huawei over security reasons

Nokia is in talks to replace Huawei 4G radio equipment from parts of Vodafone Idea's telecom network in India, in one of the largest swap deals for the Finnish company, three sources familiar with the matter said.

The deal will see Nokia deploying 12,000 5G-ready radio sites and 4,000 small cells in Vodafone Idea's network in Delhi, the sources said.

This story is from the March 12, 2022 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the March 12, 2022 edition of Business Standard.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BUSINESS STANDARDView All
Business Standard

Explore last-minute options to save income tax in old regime

ELSS funds, PPF, NPS, fixed deposits are some popular options under Section 80C

time-read
3 mins  |
March 28, 2024
Stocks of Zomato and Nykaa defy market fall
Business Standard

Stocks of Zomato and Nykaa defy market fall

The carnage in the mid engulfed scores and smallcap space has of stocks over the last month.

time-read
3 mins  |
March 28, 2024
Expansion to drive margins for Jindal Steel & Power
Business Standard

Expansion to drive margins for Jindal Steel & Power

JSPL projects a capex allocation in the range of ₹7,500-10,000 crore annually for the next three-year period

time-read
2 mins  |
March 28, 2024
Business Standard

Low-quality stocks trump better-quality peers in FY24

During this financial year (FY24), companies with weaker performance track record have outperformed those with stronger profiles by a huge margin, shows a study by PGIM India Mutual Fund (MF).

time-read
1 min  |
March 28, 2024
Business Standard

Goldman sees 50% upside in RIL stock by FY26

Shares of oil-to-telecom major Reliance Industries (RIL) jumped 3.6 per cent intraday to ₹2,988 on the BSE on Wednesday.

time-read
1 min  |
March 28, 2024
Demand pressures may hit Page Industries
Business Standard

Demand pressures may hit Page Industries

The stock of Page Industries is down about 11 per cent since the start of the year on worries that weak demand, higher competitive pressures and lack of pricing power could put pressure on realisations going ahead.

time-read
2 mins  |
March 28, 2024
RIL rally spurs market bulls
Business Standard

RIL rally spurs market bulls

But overall breadth continues to remain weak

time-read
2 mins  |
March 28, 2024
Primed for new AUDIENCES
Business Standard

Primed for new AUDIENCES

Amazon Prime Video's new line-up speaks of a streaming service sure of where it is and where it wants to go

time-read
4 mins  |
March 28, 2024
No immediate relief from HC; Kejriwal to remain in custody
Business Standard

No immediate relief from HC; Kejriwal to remain in custody

The Delhi High Court on Wednesday refused to interfere with the arrest of Chief Minister Arvind Kejriwal by the Enforcement Directorate (ED) in connection with a money laundering case linked to the excise policy 'scam'.

time-read
1 min  |
March 28, 2024
Cong, Uddhav Sena spar over candidates in Maha
Business Standard

Cong, Uddhav Sena spar over candidates in Maha

Prakash Ambedkar's VBA announces 8 candidates, hints at exiting alliance

time-read
1 min  |
March 28, 2024