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Nokia Wins 'Multi-billion' Dollar Deal in India

FILE PHOTO: People walk next to the Nokia stand as they attend the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo/File Photo
FILE PHOTO: People walk next to the Nokia stand as they attend the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo/File Photo
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Nokia Wins 'Multi-billion' Dollar Deal in India

FILE PHOTO: People walk next to the Nokia stand as they attend the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo/File Photo
FILE PHOTO: People walk next to the Nokia stand as they attend the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2024. REUTERS/Bruna Casas/File Photo/File Photo

Finnish telecom equipment supplier Nokia on Wednesday said it had won a "multi-billion" dollar deal with India's Bharti Airtel for delivery of 4G and 5G equipment.

Sources familiar with the talks told Reuters last month Nokia and Bharti were nearing a deal worth several billion dollars to expand Bharti's network in India.

Nokia's Swedish rival Ericsson had already won a deal of similar size with Bharti earlier in October.
India last year helped Nokia and Ericsson offset weakness in demand from US customers.

However, the volume of orders from India slowed down significantly after a growth spurt last year.
Nokia's share price rose 3.1% by 0829 GMT.

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Saudi Arabia, Poland Agree to Bolster Digital Partnership

The Saudi delegation's visit to Poland was centered on exploring trade and investment partnership prospects. SPA
The Saudi delegation's visit to Poland was centered on exploring trade and investment partnership prospects. SPA
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Saudi Arabia, Poland Agree to Bolster Digital Partnership

The Saudi delegation's visit to Poland was centered on exploring trade and investment partnership prospects. SPA
The Saudi delegation's visit to Poland was centered on exploring trade and investment partnership prospects. SPA

Polish Deputy Prime Minister and Minister of Digital Affairs Krzysztof Gawkowski has expressed his endorsement for initiating collaborative digital initiatives with Saudi Arabia, which would benefit both nations.

Gawkowski's remarks came during his meeting Tuesday in Warsaw with Federation of Saudi Chambers Chairman Hassan Al-Huwaizi and a delegation of Saudi businessmen. The visit was centered on exploring trade and investment partnership prospects.

Gawkowski underlined Poland's keenness to enhance cooperation with Saudi Arabia on digital development and cybersecurity, particularly considering the substantial progress underway in the sector in both countries.

During the meeting, Alhwaizy stressed the significance of augmenting Saudi-Polish investments in technology and digital transformation, recognizing the pivotal role of the fields in economic advancement and business expansion.

Saudi Polish Business Council chairman Abdullah Abu Dabeel highlighted that Saudi Arabia’s ambitious plan for a $100 billion artificial-intelligence (AI) project, coupled with Poland's prominent position as the third-ranked country globally in terms of the quality and number of programmers, presents promising avenues for collaboration between the two nations.