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View Full Version : NSN Extends LTE Contract with STC



vnspavan
2014-02-08, 04:23 AM
Nokia Corporation’s wholly-owned subsidiary, Nokia Solutions and Networks (“NSN”), has extended its deal with Saudi Telecom Company (STC) to offer managed services to GSM, 3G and LTE networks. However, the financial terms of the contract have not been disclosed.

Earlier, NSN aided the deployment of 4GLTE technology by STC across Saudi Arabia’s western province. NSN supplied its popular RAN (radio access network) superior technology supported with Flexi Multiradio 10 Base Station. Moreover, it also offered TD-LTE network and USB data dongle devices to end users in order to boost TD-LTE rollout.

NSN is gaining a strong foothold in Saudi Arabian markets by continuously winning substantial orders. Last year, it struck a $325 million deal with Mobily to deploy 4GLTE network across its footprint within 18 months.

In the recently concluded fourth-quarter 2013, the NSN segment generated $4.2 billion of revenues, up 20% sequentially. Both Middle East & Africa and China contributed nearly 25% of the total revenue for NSN.